rivian automotive – Charm

Rivian rides on EV tax-credit rush to beat revenue estimate, expects lower tariff costs

Cs news7 months ago04 mins

By Akash Sriram and Abhirup Roy (Reuters) -Rivian Automotive surpassed third-quarter revenue expectations on Tuesday, fueled by strong deliveries as U.S. consumers rushed to grab a federal tax incentive on electric vehicle purchases before its expiry. Shares of the Irvine, California-based company rose more than 4% after the bell. The company said last month it…

Technology

Rivian’s Affordable R2 May Unlock Massive Market Potential, Analyst Says

Cs news9 months ago04 mins

Rivian Automotive’s (NASDAQ:RIVN) upcoming R2 SUV could drive significant growth, with Needham analyst Chris Pierce projecting strong demand and a larger market reach. Pierce said Rivian’s $50,000 R2, supported by high brand awareness and positive consumer sentiment, is well-placed to beat modest 2026 estimates. He reiterated Rivian with a Buy and a $14 price forecast….