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The Latest Breaking News from Rivian

Morning Brief: Top Financial Stories Dominating on Friday, May 13

CNBC

Benzinga

Rivian Recalls 502 EVs: All You Need To Know

Rivian Automotive, Inc (NASDAQ: RIVN), for the first time, recalled 502 battery-powered pickup trucks over potentially faulty airbags that could pose a safety risk to children in the front passenger seat,

Benzinga

Rivian VP Of Hardware Engineering Takes Delivery Of Her R1S SUV

The first two R1S SUVs were delivered in December to Rivian employees and it looks like this new one belongs to VP of Hardware Engineering Vidya Rajagopalan.

InsideEVs

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read the most diverse news in one place.

Rivian recalls 500 EV pickup trucks due to front passenger seat air bag defect

Rivian issued a voluntary recall this week for 500 of its R1T pickup trucks for a sensor defect that could cause air bags to improperly deploy when a child is in the front passenger seat.

Chicago Tribune

Sources: Hyundai to set $7B US plant during Biden Asia visit

A U.S. official familiar with the project says South Korean automaker Hyundai Motor Group is expected to announce its plans next week to build a massive electric vehicle plant near Savannah, Georgia

The Independent UK

Rivian Is A 'Show-Me-The-Money' Story But Has 'More Pieces In Place' Than Peers: Analysts React To Q1 Earnings

Electric vehicle company Rivian Automotive Inc (NASDAQ: RIVN) reported first-quarter production of 2,553 vehicles. The company delivered 1,227 vehicles in the first quarter and reported more than 90,000 net pre-orders of its Rivian R1 electric pickup truck.

Benzinga

Rivian Gradually Increases EV Production Beyond 1,000 Per Month

In Q1 2022, Rivian produced 2,553 EVs and delivered 1,227, while as of May 9, its cumulative production reached about 5,000 units.

InsideEVs

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UPDATE: Rivian Recalls 502 R1T Trucks For Airbag "Child" Sensor Issue

Rivian is recalling a small number of its electric trucks due to improper calibration of seat sensors that deactivate the airbags when a child is present.

InsideEVs

Rivian Sees Price Target Halved At Wedbush: Analyst Sees Potential But It's Time To 'Stop The Excuses'

Rivian Automotive Inc (NASDAQ: RIVN) has the potential to be a major electric vehicle stalwart over the next decade but it needs to start delivering models and "stop the excuses" to reach that goal, Wedbush analyst Dan Ives said on Wednesday as he

Benzinga

What's Driving Rivian Stock Lower Today?

Rivian Automotive Inc (NASDAQ: RIVN) shares are trading lower Thursday after the company reported financial results. Several analysts lowered price targets on the stock following the company's quarterly results.

Benzinga

First Recorded Rivian R1T Dyno Run Hampered By Safety Systems

The R1T apparently kept cutting power on the dyno because it thought it was going to crash into a wall...

InsideEVs

Rivian Announces Q1 2022 Results, Posts $1.6 Billion Net Loss

The company built 2,553 vehicles in the first quarter and says it maintains its 2022 production target of 25,000 units despite supply chain disruptions.

InsideEVs

Rivian Q1 Earnings Highlights: 2,553 Vehicles Produced, 1,227 Delivered, Supply Chain Constraints And More

Electric vehicle company Rivian Automotive Inc (NASDAQ: RIVN) reported its first quarter financial results after market close Wednesday. Here are the key highlights.

Benzinga

What's Going On With Rivian Stock Today?

Rivian Automotive Inc (NASDAQ: RIVN) shares are trading lower Wednesday alongside several companies in the broader consumer discretionary space amid overall market weakness as investors digest the latest U.S. inflation data, which came in higher-than-expected.

Benzinga

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Benzinga

World's Biggest Sovereign Wealth Fund Cashes Out Of Rivian, Trims Tesla Stake, But Bulks Up On This Chinese EV Maker

Norges Bank, the central bank of Norway and the sponsor of the world's biggest sovereign wealth fund (the Norwegian Oil Fund), has substantially changed its allocation toward electric vehicle stocks in the first quarter.

Benzinga

What To Watch On Rivian's Stock Heading Into Q1 Earnings

Rivian Automotive, Inc (NASDAQ: RIVN) was falling over 7% lower on Wednesday as the electric vehicle manufacturer headed into its first-quarter earnings print, which is expected after the market close.

InsideEVs

VW May Revive Scout Brand With $40,000 Electric Pickup, SUV

The idea that VW was looking to revive Scout was made public by Johan De Nysschen, the CEO of Volkswagen’s American arm at a media event last fall.

Benzinga

Morning Brief: Top Financial Stories Dominating on Wednesday, May 11

Reuters

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Motor1

2022 Ford F-150 Lightning First Drive Review: Thunderstruck

America’s best-selling truck goes electric with 775 lb-ft and a MegaPower Frunk, but it doesn’t lose sight of what counts.

InsideEVs

2022 Ford F-150 Lightning First Drive Review: Rebirth Of A Legend

We had the opportunity to participate in Ford's first-drive event for the F-150 Lightning and offer our initial driving impressions in this first-drive review.

Axios

Ford F-150 Lightning review: A watershed moment for electric vehicles

At $40K, F-150 Lightning is a versatile and affordable gateway product.

Axios

A watershed moment for electric vehicles, courtesy of Ford

At $40K, F-150 Lightning is a versatile and affordable gateway product.

Benzinga

Amazon Key To Rivian's Strategy, EV Maker's Cash Burn In Question, Says Morgan Stanley Analyst

Rivian Automotive Inc’s (NASDAQ: RIVN) highly ambitious and capital intensive plan to ramp up production after initially missing production and delivery target last year could invite investor scrutiny on Wednesday when the electric vehicle startup reports first-quarter earnings after the bell, accordi

Benzinga

Ford Sells 8M Shares Of Rivian At A Discount

Ford Motor Co (NYSE: F) said on Tuesday it sold 8 million shares in electric vehicle startup Rivian Automotive Inc (NASDAQ: RIVN), estimated to be $214.4 million, at a discount.

Benzinga

Mike Khouw: Rivian Automotive Could See More Pain Ahead

Shares of Rivian Automotive Inc (NASDAQ: RIVN) tumbled almost 21% on Monday in the stock’s worst trading day ever.

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