Key TakeawaysRivian halted production of Amazon electric vans because of a parts shortage.The EV maker said it expects to make up the missed production, and the problem doesn't affect its RT1 pickup and RS1 SUV.Amazon has committed to purchasing 100,000 Rivian vans by 2030, and reported last month that 15,000 were on the road in the U.S. since 2022. Rivian Automotive (RIVN) shares declined in intraday trading Friday after the electric vehicle (EV) maker halted production of vans for Amazon (AMZN) because of ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

People say that nothing is guaranteed in the stock market. But they are wrong. There is one thing that is always true. Markets are always trending. They are either going up, down, or sideways. And it's guaranteed that sooner or later the trend will end.Rivian Automotive, Inc. RIVN has been trending lower over the past month. But this may be about to change. That's why it’s our Stock of the Day.When a stock is trending upward, demand outstrips supply, forcing traders and investors to bid higher prices to sec ...

RoschetzkyIstockPhoto/iStock Editorial via Getty Images Rivian Automotive (NASDAQ:RIVN) reported better than expected Q2 results on both the top and the bottom line and posted narrower losses as well as improving unit economics for its EV operations. The solid earnings report for Q2 came on the heels of the Rivian-Volkswagen partnership deal that was announced during the second-quarter, which caused new excitement for Rivian's shares. Unfortunately, this excitement didn't last and shares of Rivian have tren ...

Rivian's success isn't guaranteed, but the company is making the right moves.The electric vehicle (EV) industry hasn't been kind to investors. Many emerging EV companies that went public over the past few years have seen their share prices tumble as rising interest rates and increasing vehicle costs dampened EV demand.Rivian Automotive (RIVN -4.01%) hasn't been immune to the EV drop. But it's premature to write the obituaries of electric vehicle companies, especially Rivian. Here's why I'm betting on Rivian ...

To understand the mainline concern about electric vehicle manufacturer Rivian Automotive (NASDAQ:RIVN) and why retail investors shouldn’t immediately jump on the technically bullish sentiment in the options market comes down to the classic cost-benefit analysis. Yes, RIVN does look more attractive thanks to its Volkswagen (OTCMKTS:VWAGY) deal. That should help Rivian stock, especially in the pursuit of cheaper EVs. However, there’s a catch.Professional baseball offers an excellent analogy. Offensively, two ...

hapabapa Last week, we received second quarter results from Rivian (NASDAQ:RIVN), seen in this shareholder letter. While the company did make progress on some of its cost cutting efforts, production guidance for the year was only maintained and cash burn remained high. With some potential tough times still ahead, investors might want to consider selling this premium valuation name for now. Previous coverage on the name: When I last covered the stock, Rivian had just announced its major partnership with ...

The electric vehicle upstart is struggling. Can it turn the corner?Making cars is tough, and it's even tougher if you start a new vehicle brand from scratch. The huge upfront investments required for production create a barrier to entry, so very few new automotive brands achieve sustainable success. Recent examples include Tesla and BYD, but there are dozens of failures for every successful car business.Rivian Automotive (RIVN -5.23%) is trying to become the next sustainable automotive brand. By focusing on ...

Rivian stock has been soaring over the past three months, and here's why that could continue.Investors might not fully appreciate what Rivian (RIVN -5.23%) has already accomplished so far in its young history. Establishing an automaker from the ground up amid a complete industry transition from internal combustion engines to electric vehicles (EV) has been a tall task. Consider that 99 automakers starting with the letter "A" alone have gone bankrupt in past decades. The great news for long-term Rivian inves ...

Why the quarter may be the most important in its history.Rivian's (RIVN -5.23%) second quarter could go down as the most important in its history after the electric vehicle (EV) maker introduced its next-generation vehicle platform and struck a partnership with Volkswagen Group (OTC: VWAGY). However, those important events happened toward the end of the quarter and did not have a major impact on its Q2 results.Let's take a look at Rivian's most recent quarterly results and why the company appears to be read ...