Despite volatility in the headlines, the electric vehicle (EV) industry has been on a consistent uptrend over the past several years. Today, 7.8% of vehicles sold in the U.S. are electric. That's up from just 3.3% at the start of 2022. There have been dips along the way -- including a fairly precipitous drop in the first quarter of 2021 -- but the overall trajectory is undeniably positive, with most long-term forecasts calling for steadily higher demand for EVs over the next decade and beyond. While the ind ...

Looking for high-upside stocks? Then Rivian Automotive (RIVN 5.90%) is for you. There are few stocks with this much potential upside over the next few years. There are some things that need to go right for the company, but if management can execute, it's not hard to imagine Rivian becoming the next Tesla.What exactly should you be paying attention to? One catalyst in particular will likely make or break the company's future.This will be the biggest event in Rivian's historyEarly on in Tesla's history, it ha ...

Four employees have sued Rivian in separate lawsuits this year over allegations they were harassed, in some cases by top executives, and that the company’s leadership did little to address their concerns, according to a TechCrunch review of court records.Rivian has also reached settlements in three other harassment and discrimination cases, TechCrunch has learned.  Lawsuits aren’t uncommon in the automotive industry, particularly with large companies that operate factories and multiple facilities. But the ...

Shares of California-based electric vehicle (EV) maker Rivian Automotive (RIVN) are having a rough run on the bourses this year. Year to date, the stock is down 46%. Much of the decline is part of the broader struggles in the EV space. Lofty expectations for rapid adoption have been tempered by reality. Limited charging infrastructure, high vehicle prices and economic uncertainties have slowed EV demand. Adding to the complexity, the potential expiration of federal EV tax credits and an unfriendly stance to ...

Spoiler: Yikes.So you've wanted to invest in the electric vehicle (EV) maker Rivian (RIVN -11.16%), but you haven't gotten around to it. In fact, you've wanted to invest in it for about three years. If you had invested in Rivian three years ago, how would you have done?Here's the answer to that question. Three years ago, in mid-December 2021, shares of Rivian were trading for around $115 apiece. Let's say that you invested in Rivian then, with $1,000. That would have gotten you close to nine shares. (Did yo ...

There are multiple crosscurrents in the electric vehicle (EV) sector right now. Analysts are trying to weigh how manufacturers will weather a potentially changing regulatory climate next year as well as what it will mean for demand.That has resulted in mixed messages on the outlook for Rivian Automotive (RIVN -3.88%). Today, one Wall Street analyst released a report downgrading the stock, and shares are sinking as a result. After dropping more than 5%, the stock was still down by 4.2% as of 12:15 p.m. ET on ...

Rivian's operations are a mess, and losing the $7,500 tax credit wouldn't help.Rivian (RIVN -2.75%) stock is on fire recently, but the company's operations are still burning billions in cash each year. Now there are rumors that the $7,500 tax credit will end under the Trump administration. Travis Hoium covers the potential impact in this video.*Stock prices used were end-of-day prices of Dec. 16, 2024. The video was published on Dec. 17, 2024. ...

Shares of electric Vehicle (EV) firm Rivian Automotive Inc (NASDAQ:RIVN) are 1.4% lower premarket, following a bear note at Baird. The analyst in question downgraded RIVN to "neutral" from "outperform" and cut its price target to $16 from $18, estimating lower EV sales expectations and "few catalysts in 2025" as the prime driving factor.Analysts are currently split on Rivian stock. While 13 rated the equity a "hold" or worse coming into today, 12 recommended a "buy" or better. This leaves room for additiona ...

Rivian (NASDAQ: RIVN ) stock has seen a 50% jump post-election, which shows that we must not value a company or sector depending on the perceived EV bias of the White House administration. The company has also performed well on some keyI have worked in the technology sector for over 4 years. This included working with industry stalwarts like IBM. I have done my MBA in finance and have been covering various blue chip stocks for the past 6 years. Having hands-on knowledge in the technology sector has helped m ...

The company is trying to follow in Tesla's footsteps as an outlier in a challenging automotive industry.Tesla was the trailblazer in the electric vehicle (EV) industry, and competitors, both incumbent brands and start-ups, have tried replicating its success ever since. Rivian Automotive (RIVN 1.20%) has done a solid job establishing itself as a legitimate presence in the field, with over 50,000 deliveries last year.Unfortunately, the stock hasn't had the same trajectory. Shares quickly peaked after Rivian w ...