Rivian Loses Its Shine as Investors Fret About Production Delays
The electric vehicle maker’s stock surged after a public offering last fall but has since plunged, in part because the company failed to meet its 2021 goals.
How China’s CATL Became the Top Electric Car Battery Maker
Beijing gave CATL lavish subsidies, a captive market of buyers and soft regulatory treatment, helping it to control a crucial technology of the future.
Rivian Plans to Spend $5 Billion on a Second EV Plant in Georgia
The company, which began trading on the stock exchange last month, said it lost $1.2 billion in the third quarter.
He Helped Build Tesla. Now He Hopes to Do the Same at Lucid.
Peter Rawlinson designed the Tesla S. His new Lucid Air sedan is a direct challenge to Tesla’s dominance.
JPMorgan says Tesla owes it $162 million because of an Elon Musk tweet.
The 2018 tweet, in which Mr. Musk claimed he had secured funding to take Tesla private, initially sent the automaker’s shares soaring. But they sank when it became clear that no such deal had been reached.
Rivian, the electric-truck maker, soars in early trading after its I.P.O.
The company, backed by Amazon and Ford, was valued at nearly $70 billion in its initial public offering, though it has delivered only 156 vehicles.
Rivian prices its I.P.O., valuing the electric-vehicle maker at nearly $70 billion.
The company, backed by Amazon and Ford, has delivered only 156 trucks so far, but its market worth approaches that of Ford.
Tesla shares slide again as Musk’s stock-sale tweet continues to reverberate.
Tuesday’s losses put Tesla’s stock down more than 11 percent this week.
Rivian edges closer to an I.P.O., seeking a valuation above $50 billion.
The company updated registration documents with the Securities and Exchange Commission on Monday.
Tesla to Move Headquarters to Texas from California
Elon Musk announced the move at the company’s annual shareholder meeting, hosted at a factory Tesla is building near Austin.