Breaking News: RIVN – Market Insights, Analysis & Latest Updates

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Rivian applies for federal loan to restart Georgia EV factory construction

Rivian Automotive has applied for a federal loan for its Georgia factory, while adjusting production plans and missing delivery targets due to parts shortages and declining EV demand.

investing.com • 04/10/2024 - 21:06 PM

Stock Market Today: Dow rides blowout jobs report to close at fresh record high

Dow reaches record highs due to strong job growth, easing recession fears; Spirit Airlines stocks plunge amid bankruptcy concerns.

investing.com • 04/10/2024 - 13:46 PM

Spirit Airlines, Rivian, Evgo fall premarket; Abercrombie & Fitch rises

US stock futures are steady as traders await a key jobs report; Spirit Airlines faces bankruptcy concerns, while Rivian cuts production forecasts amid parts shortages.

investing.com • 04/10/2024 - 11:28 AM

RIVN

Rivian drops after cutting full year production guidance

Rivian's shares fell over 6% after cutting its production forecast due to supply issues, while Morgan Stanley downgraded its outlook amid concerns about EV demand and competition.

investing.com • 04/10/2024 - 10:23 AM

Rivian lowers annual production forecast due to parts shortage

Rivian reduced its 2023 vehicle production forecast due to parts shortages and slowing EV demand, causing stock plummets and lower-than-expected deliveries amid industry challenges.

investing.com • 04/10/2024 - 10:06 AM

Ford, GM shares fall after Morgan Stanley analyst downgrade

Ford and GM shares fell 5% after a downgrade by Morgan Stanley, citing market challenges and competitive pressures, while some dealerships received upgrades and saw share price increases.

investing.com • 25/09/2024 - 16:59 PM

Electric vehicles outlook for 2025 as per Morgan Stanley

Morgan Stanley forecasts a slowdown in global EV adoption over 12-18 months due to economic challenges, but predicts growth will reaccelerate by 2027 with strategic collaborations.

investing.com • 03/09/2024 - 13:54 PM

Analysis-From peace-maker to taboo-breaker, VW boss Blume takes on the unions

Volkswagen CEO Oliver Blume faces challenges from labor unions while planning cost cuts amid increased competition and declining EV demand, marking a significant shift in corporate culture.

investing.com • 03/09/2024 - 12:23 PM

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