Por: MarketWatch Business February 03, 2023
(ticker: AMZN) net income of $300 million for the fourth quarter, down from $14.3 billion reported in the fourth quarter of 2021. It is a huge swing. But included in those numbers are a pre-tax loss of from changes in the value of Amazon’s Rivian (RIVN) holdings in the fourth quarter of 2022 versus a pre-tax gain of $11.8 billion in the final quarter of 2021. Rivian stock dropped 44% in the fourth quarter of 2022, closing the year at $18.43 a... + full article
CNBC USA Business February 04, 2023
In this articleRJ Scaringe, Rivian founder and CEO, and Ford Executive Chairman Bill Ford announce a $500 million Ford investment in Rivian.Source: Ford Motor Co.DETROIT – liquidated most of its ownership stake last year in electric vehicle maker , according to the Detroit... + más
Several top Rivian executives depart the electric vehicle startup | Fox Business
Rivian needs to sharply ramp up EV production to meet 2022 targets — Wall Street is betting it can | CNBC
Fox Business USA Business February 01, 2023
Check out what's clicking on FoxBusiness.com announced Wednesday that it's laying off 6% of its workforce as the electric vehicle maker looks to cut costs while ramping up production in an increasingly competitive EV market. CEO R.J. Scaringe informed employees of the... + más
Fox Business USA Business January 11, 2023
Fox News Digital automotive editor Gary Gastelu joins 'Varney & Co.' to discuss Rivian Automotive beginning delivery of its R1S electric SUV. Several top executives at including the vice president overseeing body engineering and its head of supply chain, have left the... + más
Rivian shares slump after the company announced a big recall | CNBC
MarketWatch USA Business November 10, 2022
Adjusted for one-time items, the company lost $1.57 a share. Revenue rose to $536 million. FactSet analyst consensus called for an adjusted loss of $1.79 a share on revenue of $550 million. The stock rose 2% immediately after the results, and rallied more than 8% as Rivian... + más
CNN USA Business October 27, 2022
Washington, DC CNN — Denis Wang says he always hated the car-buying process — until he met . Buying the automaker’s R1T electric pickup was so wonderful that he says he drove 45 minutes to Rivian’s Irvine, California, office to take the Rivian employee who shepherded... + más
CNBC USA Business October 10, 2022
In this articleProduction of electric Rivian R1T pickup trucks on April 11, 2022 at the company's plant in Normal, Ill.Michael Wayland / CNBCShares of opened sharply lower Monday after the electric vehicle maker said late on Friday that it is – nearly every EV it has made... + más
Rivian announces major recall of vehicles | Fox Business
CNBC USA Business October 06, 2022
In this articleA Rivian R1T truck body lowered onto a chassis in the assembly line at the Rivian electric vehicle plant in Normal, Illinois. Georgia is giving the company $1.5 billion in subsidies to bring a new $5 billion EV plant to the southern state.Brian Cassella Tribune... + más
Rivian Is Recalling Nearly All Vehicles It’s Produced. The Move Shows the Challenges of Building Cars. | MarketWatch
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