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Rivian Automotive Inc - RIVN STOCK NEWS

Welcome to our dedicated news page for Rivian Automotive (Ticker: RIVN), a resource for investors and traders seeking the latest updates and insights on Rivian Automotive.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Rivian Automotive's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Rivian Automotive's position in the market.

News
Rivian Releases Q1 Production Figures and Sets Date for First Quarter 2024 Results
Rhea-AI Summary
Rivian Automotive, Inc. (NASDAQ: RIVN) reported production and delivery figures for Q1 2024, with 13,980 vehicles produced and 13,588 vehicles delivered. The company met its expectations and reaffirmed guidance for 57,000 total vehicles production in 2024. Rivian will release its Q1 2024 financial results on May 7th and host a webcast to discuss business performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.23%
Tags
earnings
-
News
Rivian Introduces R2, R3, and R3X Built on New Midsize Platform
Rhea-AI Summary
Rivian introduces its new midsize platform family with R2 and R3 SUVs, offering performance, capability, and utility at an accessible price point. The vehicles feature innovative design, battery technology, and autonomous capabilities, with R2 starting at around $45,000. Rivian plans to launch R2 production in Normal, Illinois, improving capital efficiency and expanding total capacity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.42%
Tags
none
-
News
Rivian Releases Fourth Quarter and Full Year 2023 Financial Results
Rhea-AI Summary
Rivian Automotive, Inc. (RIVN) exceeded all aspects of its 2023 guidance, showcasing significant growth in production and deliveries. The company achieved a 147% increase in deliveries in Q4 2023 compared to the previous year. Despite economic challenges, Rivian improved operating efficiency and gross profit per delivered vehicle. Looking ahead to 2024, Rivian plans to produce 57,000 vehicles, with a focus on cost efficiency and capital expenditures of $1,750 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-25.6%
Tags
earnings
News
CORRECTING and REPLACING: Rivian Releases Fourth Quarter and Full Year 2023 Financial Results
Rhea-AI Summary
Rivian Automotive, Inc. (RIVN) exceeded all aspects of its 2023 guidance, showcasing a 147 percent increase in deliveries compared to the previous year. The company achieved significant production and delivery milestones, doubling its numbers from 2022. Rivian also reported a gross profit per delivered vehicle improvement of approximately $81,000 in 2023. However, economic uncertainties and high interest rates are influencing the company's 2024 expectations, with plans to produce 57,000 vehicles and reduce its salaried workforce by 10%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-25.6%
Tags
earnings
-
News
Rivian Releases Q4 2023 and Full-Year 2023 Production Figures and Sets Date for Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
Rivian Automotive, Inc. (NASDAQ: RIVN) exceeded its full-year 2023 production guidance, producing 57,232 vehicles and delivering 50,122. The company also announced the release of its fourth-quarter 2023 financial results, with an audio webcast to discuss the performance and outlook for the business.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.06%
Tags
earnings
-
News
AT&T and Rivian Team up to Reduce CO2 Emissions and Enable Smart, Connected Vehicles
Rhea-AI Summary
Rivian Automotive, Inc. (NASDAQ: RIVN) and AT&T have signed an agreement for AT&T to purchase Rivian electric vehicles (EVs) for its fleet through a pilot program aimed at cutting transport emissions. AT&T expects to begin adding the Rivian Commercial Van and R1 vehicles to its fleet in early 2024 to evaluate the ways these vehicles help improve safety, reduce costs, and cut its carbon footprint. AT&T's commercial fleet plays an important role in keeping customers connected, and piloting EVs from Rivian will allow AT&T to explore new paths in its electrification journey, contributing to the company's commitment of carbon neutrality by 2035. Rivian is also the exclusive provider of connectivity to all Rivian vehicles, in the U.S. and Canada, enabling a smarter, safer, and more connected driving experience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.97%
Tags
none
News
Rivian to Participate in the Barclays Global Automotive and Mobility Tech Conference
Rhea-AI Summary
Rivian Automotive, Inc. (RIVN) CFO to Participate in Fireside Chat at Barclays Global Automotive and Mobility Tech Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.4%
Tags
conferences
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News
Rivian Hires Carlo Materazzo as Vice President, Logistics
Rhea-AI Summary
Rivian Automotive, Inc. (NASDAQ: RIVN) appoints Carlo Materazzo as Vice President, Logistics, leveraging his twenty years of automotive industry experience to enhance manufacturing excellence. Materazzo previously held executive roles at Stellantis North America and Fiat Chrysler Automobiles, bringing a wealth of expertise to Rivian.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.39%
Tags
management
-
News
Rivian’s Electric Commercial Van Now Available to More Companies
Rhea-AI Summary
RIVN: Rivian Automotive Announces Sale of Custom-Designed Commercial Van, Enabling Companies Worldwide to Electrify Delivery Fleets and Reduce CO2 Emissions
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.41%
Tags
none
News
Rivian Releases Third Quarter 2023 Financial Results
Rhea-AI Summary
Rivian Automotive, Inc. (RIVN) Publishes Q3 2023 Financial Results, Sets Webcast for Business Update
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.41%
Tags
earnings
Stock RIVN logo
Rivian Automotive Inc

Nasdaq:RIVN

RIVN Rankings

#869 Ranked by Market Cap
#4774 Ranked by Stock Gains
N/A Ranked by Dividends

RIVN Stock Data

8.92B
690.54M
27.94%
51.58%
13.03%
Automobile Manufacturing
Manufacturing
Link
United States
Irvine

About RIVN

rivian is developing vehicles, technology, and services that inspire people to get out and explore the world. whether it’s a family camping trip or a weekend away, we provide the ultimate platform for experiencing life’s adventures. we have development centers in plymouth, mi, san jose, ca and irvine, ca. in addition to our three development locations, we have a modern, functioning 2.6 million square foot manufacturing plant in normal, il. core to delivering our vision is building a team of passionate people. we have assembled an outstanding team with a wide range of backgrounds including automotive, technology, industrial equipment, consumer electronics and aerospace. our diverse team shares an innate curiosity for the world, the ability to dream beyond today and a hunger for getting things done. we are actively hiring curious and determined individuals that are passionate about creating the world of tomorrow.