Rivian Automotive Inc
Tesla established to expose Cybertruck facts at Austin deliveries event
The Tesla Cybertruck all through a tour of the Elkhorn Battery energy storage program in Moss Landing, California, on June 6, 2022. Nik Coury | Bloomberg | Getty Images Electric automobile maker Tesla is set to reveal details about its new and unconventional Cybertruck pickup on Thursday, a person working day soon after CEO Elon […]
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UAW launches union campaigns at Tesla, 12 other automakers in the U.S.
United Auto Workers President Shawn Fain, middle, visits striking UAW Local 551 workers outside a Ford assembly center on South Burley Avenue on Saturday, Oct. 7, 2023, in Chicago. John J. Kim | Tribune News Service | Getty Images The United Auto Workers union is launching an unprecedented campaign to organize 13 non-union automakers in […]
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You can now lease a Rivian R1T electric pickup, in select markets
Rivian electric pickup trucks sit in a parking lot at a Rivian service center on May 09, 2022 in South San Francisco, California. Justin Sullivan | Getty Images Rivian on Monday started leasing select models of its all-electric R1T pickup truck, a move to expand sales and customer base beyond early adopters of electric vehicles. […]
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Amazon will make it possible for vehicle dealers to provide autos on its website, commencing with Hyundai
Attendees watch a Hyundai vehicle through opening day of the 2023 New York Worldwide Vehicle Clearly show (NYIAS) in New York, on Wednesday, April 7, 2023. Stephanie Keith | Bloomberg | Getty Photos Amazon up coming calendar year will allow automobile sellers to offer autos through its site, setting up with South Korean automaker Hyundai, […]
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Shares building the major moves midday: Residence Depot, Fisker, SolarEdge and additional
Verify out the providers producing headlines in midday trading. Azenta — The life science inventory jumped 13% on Tuesday, a day after the business sent its fiscal fourth-quarter report. In addition to beating estimates of analysts polled by FactSet on the two lines, the business also issued complete-year modified earnings steerage of 19 cents to […]
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S&P 500 is minor altered as it attempts to lengthen its longest profitable streak because 2021: Reside updates
Traders function on the ground of the New York Inventory Exchange (NYSE) on November 02, 2023 in New York Metropolis. Spencer Platt | Getty Photographs The S&P 500 hovered in the vicinity of the flatline Wednesday as it struggled to extend its longest winning streak in about two decades. The broader marketplace index was little […]
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Winners and losers of the UAW talks with GM, Ford and Stellantis
President Joe Biden speaks next to Shawn Fain, president of the United Auto Workers, as he joins striking members of the union on the picket line outside GM’s Willow Run Distribution Center in Bellville, Michigan, Sept. 26, 2023. Evelyn Hockstein | Reuters DETROIT — A tentative deal Monday between the United Auto Workers and General […]
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Chinese EV stocks tank immediately after Tesla earnings disappoint
SHANGHAI, CHINA – APRIL 18: A BYD Seagull modest electric vehicle is on screen during the 20th Shanghai Worldwide Vehicle Industry Exhibition at the Nationwide Exhibition and Conference Heart (Shanghai) on April 18, 2023 in Shanghai, China. (Image by VCG/VCG by using Getty Photos) Vcg | Visible China Group | Getty Visuals Shares of Chinese […]
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Stocks generating the greatest moves midday: Rivian, Orchard Therapeutics, Lamb Weston and much more
McDonald’s french fries staying well prepared. Daniel Acker | Bloomberg | Getty Pictures Verify out the businesses making headlines in midday investing. Rivian Automotive — Rivian Automotive shares tanked 19% after the electric powered motor vehicle maker declared strategies to raise $1.5 billion in convertible notes and supplied preliminary 3rd-quarter earnings steering approximately in line […]
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Rivian shares sink 16% after the EV maker said it plans to raise $1.5 billion
Shares of Rivian Automotive were sharply lower in early trading Thursday, after the company surprised investors with a plan to offer $1.5 billion in convertible notes. It also provided a preliminary estimate of its third-quarter revenue that was in line with Wall Street estimates. Shares were down 16% as of 10 a.m. ET. In a […]
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