The Latest Breaking News from Ryan Brinkman

Rivian Automotive (NASDAQ:RIVN) shares declined on Wednesday after the electric vehicle manufacturer posted mixed second-quarter results and issued a downbeat outlook, prompting a round of price target cuts from Wall Street analysts.

Electric vehicle company Rivian Automotive (NASDAQ:RIVN) could illustrate the fallout from the end of federal EV tax credits when it reports second-quarter results Tuesday after market close.

President Trump recently introduced a 25 percent tariff on all foreign-built cars. That means any vehicles assembled outside the US could see a price hike Stateside, including those built in Canada and Mexico. Even foreign-made parts for vehicles assembled in the US will be subject to the tariff, according to…

Amid a historic backlash against Tesla, the bank slashed its Q1 delivery forecast to just 355,000 vehicles and reduced its price target to $120 per share.

During the last three months, 8 analysts shared their evaluations of Dana (NYSE:DAN), revealing diverse outlooks from bullish to bearish.

General Motors Company (NYSE: GM) was sliding about 2.5% lower intraday on Tuesday after printing worse-than-expected second-quarter EPS results.

Tesla, Inc. (NASDAQ: TSLA) reported first-quarter delivery numbers over the weekend that narrowly missed the consensus expectation.

JPMorgan analyst Ryan Brinkman raised the price target on Tesla Inc (NASDAQ:TSLA) to $325 from $295 and reiterated an Underweight rating on the shares. The price target implies a downside of 65.3%. Tesla reported better than expected Q4 results, featuring stronger than consensus revenue, margin, and free cash flow, Brinkman notes.  The company, however, said it does…