Rivian also shared an electric vehicle production outlook that fell short of analysts' expectations.
First Solar — Shares of First Solar gained 15% after the solar company issued full-year guidance on Tuesday that came out ahead of expectations on per-share earnings and revenue.
First Solar reported a fourth-quarter loss of 7 cents per share compared with a 17 cent per-share loss expected by analysts surveyed by FactSet.
The company's revenue was in line with analysts' expectations of $1 billion.
Ambarella gave first-quarter guidance that missed analysts' expectations on Tuesday, according to FactSet.