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Rivian, Lucid, and Tesla stocks fall
Tesla and Rivian shares were having a good week. Concerns over the future of EV tax credits ended that.
Rivian
Automotive Inc. shares dropped 12% on Thursday, their worst day in months, on heightened concerns the Trump administration is readying a plan to axe
EV
tax credits. Tesla Inc. shares also headed south, but to a lesser degree, as Tesla is seen as ...
Tesla and Other EV Stocks Drop on Reports Trump Team Plans To Kill Tax Credit
Shares of Tesla and other electric vehicle makers fell Thursday after a report President-elect Donald Trump and his transition team are planning to end a $7,500 EV tax credit.
Rivian, Tesla Slide on Report Trump Plans to Nix EV Tax Credit
Shares of US automakers fell after Reuters reported President-elect Donald Trump plans to eliminate the $7,500 consumer tax credit for electric-vehicle purchases.
The $7,500 EV tax credit is on Trump’s chopping block
Republicans have long opposed the $7,500 federal tax credit for electric vehicles contained in the Inflation Reduction Act. Now, it seems President-elect
EV makers slide on report Trump wants to scrap EV tax credit
Trump's transition team is looking to do away with the $7,500 tax credit for EV sales as part of broader tax reform legislation, Reuters reported.
Rivian, Lucid, and Tesla stocks fall as Trump plans to kill the EV tax credit
Electric vehicle stocks are falling Thursday after a report detailed the incoming Trump administration’s plans to axe a tax credit for consumers buying cleaner cars.
Volkswagen Boosts Bet on Rivian's EV Tech
Rivian Stock Jumps. The EV Maker Is Getting More Cash From Volkswagen.
The EV company and VW agreed to a partnership in June that could provide Rivian with around $5 billion in capital in the coming years.
Rivian’s stock soars as joint venture with Volkswagen is upsized to $5.8 billion
Rivian Automotive Inc. and Volkswagen have launched their upsized joint venture, joining forces with the goal of creating “cutting-edge” electric-vehicle technology.
Volkswagen Boosts Bet on Rivian’s EV Tech by $800 Million
Volkswagen AG raised investment plans in Rivian Automotive Inc. by $800 million, signaling its commitment to the US partner even as electric-vehicle demand softens and the incoming Trump administration threatens to curtail supportive policies.
5h
Why Rivian Stock Dropped Thursday
Rivian Automotive ( RIVN -5.45%) stock is hitting the brakes today after it spiked nearly 14% yesterday. That jump came after ...
autoevolution
6h
Rivian Achieved in Three Months What Volkswagen Couldn't Do in Years of Spending Billions
Rivian
and Volkswagen announced their joint venture, but the bigger
news
is how the
EV
startup convinced the legacy ...
3h
Rivian-Volkswagen Deal Strengthens Finances, Yet EV Market Risks Remain: Goldman Sachs
Goldman Sachs analyst maintains Neutral rating for Rivian with raised price target. Rivian and Volkswagen confirm joint ...
Electrek
1d
Rivian (RIVN) and Volkswagen officially launch their new EV business partnership
Rivian (RIVN) and Volkswagen, an upcoming EV startup and one of the world’s largest automakers, are teaming up to ...
The Business Journals
1d
Rivian-Volkswagen partnership to produce EV tech for R2 model
Rivian
is teaming up with Volkswagen in a $5.8 billion joint venture for
EV
innovation on its R2 model, which the company ...
7d
EV maker Rivian falls short of revenue projections for third quarter
The Irvine maker of electric pickup trucks and sport utility vehicles reported lower-than-expected revenue in the third ...
1d
on MSN
VW's $5.8 billion investment in Rivian isn't guaranteed. Here are the milestones the EV maker needs to hit
VW increased its planned investment for a joint venture with EV startup Rivian to $5.8 billion as the companies have broader ...
Yahoo
1d
Rivian Appears Ready to Solve Its Biggest Problem. Is the Stock a Buy?
Since it went public back in 2021,
Rivian
Automotive (NASDAQ: RIVN) has done a good job of selling its electric vehicle ...
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