Rivian investor day focuses on cost reductions, efficiencies and next-generation EVs
In this articleRIVN2025 Rivian R1SRivianA Thursday investor event for Rivian Automotive that focused on cost-cutting efforts, efficiency gains and in-house technologies and software wasn't enough to build upon the company's significant share growth this week. Shares of the all-electric vehicle startup were down by roughly 2% to 6% for much of the event, eating into some of its 23.2% gain in shares Wednesday that came after it announced plans for an up to $5 billion investment by Volkswagen Group. Shares of ...