Rivian Automotive Inc
Rivian shares surge as company reveals new EV models, including the R2 SUV
Rivian CEO RJ Scaringe reacts at an event to unveil a smaller R2 SUV in Laguna Beach, California, U.S., March 7, 2024. Mike Blake | Reuters Rivian Automotive surprised consumers and investors Thursday by unveiling two additional all-electric vehicles during the debut of its upcoming R2 SUV, which is expected to start at about $45,000 […]
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Hybrids lead Consumer Reports' top 10 new vehicle picks
Toyota hybrid vehicles for sale at a dealership in Chicago, Feb. 6, 2024. Scott Olson | Getty Images Hybrid vehicles led the 2024 top vehicle rankings released Tuesday by influential product testing organization Consumer Reports. Such “electrified” vehicles, including plug-in hybrid models, represented six of the top 10 picks by the nonprofit consumer organization. The […]
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Rivian and Lucid shares plunge after weak EV earnings reports
A Rivian electric truck sits parked in front of a Rivian service center on August 08, 2023 in South San Francisco, California. Justin Sullivan | Getty Images Shares of electric vehicle makers Rivian and Lucid plummeted Thursday after the companies reported disappointing results and stagnant production in their fourth quarter earnings after the bell Wednesday. […]
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EV boat maker Arc debuts a high quality wake activity model for $258,000
Arc Boat Company’s fully electric Arc Activity product gets four to 6 several hours of usual use on a single charge. Arc Boat Organization Arc Boat Company started product sales of its 2nd electric boat product in just 3 yrs this 7 days. The new $258,000 Arc Activity was developed for wake sports activities enthusiasts […]
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Toyota investing $1.3 billion in Kentucky to construct all-electric, three-row SUV
Akio Toyoda, Chairman of Toyota Motor Corp. Yoshikazu Tsuno | Gamma-rapho | Getty Photographs Toyota Motor is investing $1.3 billion in a Kentucky plant to make a new all-electric, three-row SUV for the U.S. current market, the company reported Tuesday. The car or truck is envisioned to go into manufacturing in between late 2025 and early […]
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Amazon warns weather transform could disrupt its organization in annual filing
Amazon trailers are parked at an Amazon Air gateway at Miami International Airport in Miami, Florida, on Sept. 26, 2023. Joe Raedle | Getty Visuals Amazon is warning buyers that the local climate crisis may possibly have a substance result on its business enterprise. In the danger factors section of its 2023 financial submitting released […]
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CNBC Daily Open: A disappointing start to the year, but long-term view’s still bright
Traders work on the floor of the New York Stock Exchange (NYSE) on the first trading day of 2024 on January 02, 2024 in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything […]
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Stocks earning the greatest moves midday: Moderna, Apple, GoodRx, Coinbase and additional
Look at out the corporations generating headlines in midday trading. Moderna — The drugmaker jumped 16% pursuing an up grade to outperform by Oppenheimer. The company said Moderna’s several products launches in the upcoming 12 to 18 months should support top rated-line product sales start out to improve in 2025. Moderna fell additional than 40% […]
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Rivian stock falls on declining fourth-quarter EV deliveries
Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland | CNBC Shares of Rivian Automotive declined by almost 10% during early trading Tuesday after the company reported increased vehicle production during the fourth quarter but fewer deliveries than the previous period. The company said […]
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Cruise is in danger of becoming GM's latest trendy venture that doesn't pay off
DETROIT — General Motors‘ plans to diversify its business through trendy industries such as ridesharing and other “mobility” ventures or startups have largely fallen flat since the automaker started investing in such growth areas in 2016. Cruise, its majority-owned autonomous vehicle subsidiary, is increasingly looking like it might be next. The unit has quickly gone […]
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