7 EVs That Cost Less Than the Average New Car After Tax Credits

Text size The Tesla Model Y and Model 3 EVs are looking pretty attractive when buyers factor in the new tax credits. Lillian Suwanrumpha/AFP via Getty Images Electric vehicle buyers in the U.S. can now get a purchase tax credit from the government, and it has pushed the price of several high-volume EVs below the … Read more

Several Top Rivian Executives Depart the Electric-Vehicle Startup

Several Top Rivian Executives Depart the Electric-Vehicle Startup

Tesla, Apple, Rivian, Alibaba, and More Stock Market Movers Wednesday

This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. https://www.barrons.com/articles/tesla-apple-rivian-alibaba-stock-market-movers-51672761738 Updated Jan. 4, 2023 5:22 am ET / Original Jan. 4, 2023 4:26 am ET Order Reprints Print Article

After This Year’s IPO Slump, Bankers Are Wary of 2023 Relief

Initial public offerings are heading for their longest drought since the global financial crisis —  and bankers don’t expect a revival anytime soon.  A mix of rising inflation and interest rate hikes aimed at taming it have hurt stock market valuations and eroded investor appetite for the high-growth IPO candidates that have driven deals in … Read more

Horizon Therapeutics, Coupa Software, Rivian, and More Stock Market Movers

This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. https://www.barrons.com/articles/horizon-therapeutics-coupa-rivian-stock-market-movers-51670601817 Updated Dec. 12, 2022 6:23 am ET / Original Dec. 12, 2022 4:33 am ET Order Reprints Print Article

Ford Stock Is Falling. It Trimmed Guidance, Wrote Off Self-Driving Investment.

Ford Motor earnings met reduced expectations, but guidance was trimmed just a little. It was enough, though, to send Ford stock lower in after-hours trading Wednesday. Ford (ticker: F) reported a third-quarter operating profit of $1.8 billion from $$39.4 billion in sales.

Rivian Recalling Nearly All of Its Vehicles

Rivian Automotive is recalling nearly all of its vehicles to address a potential problem that could cause customers to lose steering control, the company said Friday. The electric truck and SUV maker said the recall was made after it discovered a fastener connecting the upper control arm and steering knuckle may have been improperly installed. … Read more

Rivian’s Losses Nearly Triple to $1.7 Billion

Rivian Automotive Inc. reported its net loss in the second quarter nearly tripled to $1.7 billion, further pressuring the electric-vehicle startup to conserve cash and move quickly to fill customer orders. The California-based SUV and truck maker said revenue for the quarter was about $364 million as it increased production and deliveries of its first … Read more

Rivian Keeps 2022 Production Guidance Intact. The Stock Is Still Falling.

Text size The Rivian R1S should start shipping to customers in just a few months. Courtesy of Rivian Electric-truck maker Rivian Automotive reported a wider-than-expected quarterly loss, but more important, maintained its production estimates for the full year. The stock is wobbling while investors digest the news. Rivian (ticker: RIVN) reported an adjusted per-share loss … Read more

Rivian’s Great EV Expectations Meet the Harsh Reality of Manufacturing

At Rivian Automotive Inc.’s factory in Normal, Ill., life is anything but. Car factories around the world routinely churn out models around the clock. About eight months after production on Rivian’s electric trucks started, executives recently marked a milestone in uninterrupted work days: The company’s plant ran at full speed for an entire 10-hour work … Read more