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Rivian hasn't - 2 Rivian - 2 Piper Sandler - 1 Guggenheim - 1 Baird - 1 Trista Gerra - 1 Blackwell - 1 Gerra - 1
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CNBC - 1 Nvidia - 1 GTC - 1 Guggenheim - 1 Rivian's - 1 Service - 1 Tesla - 1 Volkswagen - 1

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5 mentions found


☆ Friday's analyst calls: Rivian to nearly double, cloud stock gets an upgrade
  + stars: | 2024-03-15 | by ( Lisa Kailai Han Fred Imbert | Lisa Kailai Han | Fred Imbert | ) www.cnbc.com   time to read: +5 min
Piper Sandler raised its rating on Rivian to overweight, noting the stock can rally 96% from here. Baird's $1,050 price target implies that Nvidia stock could still rally another 19%, adding onto its eye-watering 78% gain so far this year. After soaring more than 200% last year, Nvidia shares have surged another 77% in 2024. "Make no mistake: buying RIVN is risky and a botched midyear re-tooling effort could yet surprise investors negatively," Potter wrote. Snowflake shares have struggled this year, losing 20%, in part due to Frank Slootman stepping down his CEO role.
Persons: Piper Sandler, Guggenheim, Baird, Trista Gerra, Blackwell, Gerra, Lisa Kailai Han, Alexander Potter, Tesla, Rivian hasn't, Potter, Rivian, John DiFucci, DiFucci, Snowflake, Frank Slootman, Fred Imbert Organizations: CNBC, Nvidia, GTC, Guggenheim Locations: Rivian
☆ Rivian's future hinges on its upcoming R2 — here's what we know about the EV and why it's so important
  + stars: | 2024-02-22 | by ( Nora Naughton | ) www.businessinsider.com   time to read: +3 min
We'll learn more about the R2 at Rivian's March 7 reveal event. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Debuting next month, the R2 is a crucial piece of Rivian's future as a smaller and cheaper option for a new wave of EV customers. The R2 is currently slated to sell for between $45,000 and $55,000 — which Scaringe called a "really important sweet spot" in the EV market. DeliveriesAfter the March 7 reveal, Rivian will open up pre-orders for the vehicle and begin taking deposits.
Persons: —, RJ Scaringe, Rivian, Rivian hasn't, Scaringe Organizations: Rivian's, Service, Tesla, Volkswagen Locations: Georgia
☆ How Rivian went from Wall Street darling to another struggling EV startup
  + stars: | 2023-02-28 | by ( Alexa St. John | Nora Naughton | ) www.businessinsider.com   time to read: +8 min
Another Rivian customer told Insider they placed a reservation last July. A Rivian spokesperson told Insider that timing is "based on a number of factors, including delivery location, configuration and original preorder or reservation date." The Rivian spokesperson told Insider Scaringe's language refers to "how we deliver over the long term." An employee laid off in Rivian's first round of cuts last summer told Insider it felt like growing pains many other companies have experienced. Are you a current or former Rivian employee, Rivian vehicle owner, or Rivian order-holder?
☆ Former Wall Street darling Rivian suddenly has a lot to prove
  + stars: | 2023-02-11 | by ( Alexa St. John | Nora Naughton | ) www.businessinsider.com   time to read: +8 min
Another Rivian customer told Insider they placed a reservation last July. A Rivian spokesperson told Insider that timing is "based on a number of factors, including delivery location, configuration and original preorder or reservation date." The Rivian spokesperson told Insider Scaringe's language refers to "how we deliver over the long term." An employee laid off in Rivian's first round of cuts last summer told Insider it felt like growing pains many other companies have experienced. Are you a current or former Rivian employee, Rivian vehicle owner, or Rivian order-holder?
☆ Rivian orders placed after 20% price hike appear to jump the line, angering early order-holders
  + stars: | 2023-02-01 | by ( Alexa St. John | Nora Naughton | ) www.businessinsider.com   time to read: +3 min
Some R1S SUV orders placed after March 2022 — when Rivian hiked prices about 20% — are now slated to be filled before less-expensive orders placed earlier, according to customer posts on Twitter and in company forums, and orders reviewed directly by Insider. This is at least the second time Rivian has faced backlash from its early customers over changes to their orders. When Rivian announced the price hike, the move originally included customers with pre-existing configured orders and deposits in place. Now it appears that the orders placed after the price hike are getting priority. That means that quad-motor R1S orders, placed before the price hike, cost less than dual-motor R1S orders placed after it.
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