Good morning! It’s Friday, November 8, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories ...
Rivian's deliveries plunged due to the retooling of its factory and supply constraints. However, management maintained its view that Rivian would turn gross-margin-positive next quarter. The ...
Rivian (RIVN) stock rose as much as 16% in early afternoon trade on Wednesday after the EV maker announced an expansion of its partnership with Volkswagen (VWAGY), with the German automaker ...
Rivian reported Thursday revenue of $874 million in the third quarter — more than 12% lower than analysts’ estimates — as the EV startup struggled to resolve a component shortage that ...