Rivian vs Tesla, Starbucks’ reusable cup policy: The week in business news

[ad_1] Rivian’s 15th year is starting just as poorly as Tesla’s did A Rivian R1T electric truck outside its factory in Normal, Illinois.Image: Kamil Krzaczynski (Reuters) Did the market get…

Rivian stock falls on declining fourth-quarter EV deliveries

[ad_1] Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland | CNBC Shares of Rivian Automotive declined by almost…

You can now lease a Rivian R1T electric pickup, in select markets

[ad_1] Rivian electric pickup trucks sit in a parking lot at a Rivian service center on May 09, 2022 in South San Francisco, California.  Justin Sullivan | Getty Images Rivian…

Rivian Software Update Bricks Infotainment System, Fix Not Obvious – Slashdot

[ad_1] An anonymous reader quotes a report from Electrek: On Monday, Rivian released an incremental software update 2023.42, which bricked the infotainment system in R1Ses and R1Ts. The company is…

Why Rivian Can’t Be the Next Tesla

[ad_1] Rivian is on a better road than Lucid, but none of America’s electric-vehicle startups looks much like being the next Tesla. Rivian is finding its cruising speed—slower but more…

Live news: Rivian raises production forecast and trims losses

[ad_1] Rivian plans to make an additional 2,000 vehicles this year, while cutting its full-year projection for adjusted losses to $4bn. The California carmaker said it would make 54,000 trucks…

Beat the street: Fed speakers; bond auction; Uber, Rivian, Bumble, eBay earnings

[ad_1] (Video Transcript Summary) Volatility decreasing, US Treasury bonds rising In this video of beat the street, Angeline Ong talks about the latest happenings in the market before Wall Street…

Reasons for the Rise of Rivian Automotive (RIVN)

[ad_1] Baron Funds, an investment management company, released its “Baron Opportunity Fund” third quarter 2023 investor letter. A copy of the same can be downloaded here. In the third quarter, the…

Rivian Launches Apprenticeship Program to Support Georgia Plant

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Rivian CEO says bond issue does not reflect concerns about EV maker’s financial health

[ad_1] SAN FRANCISCO :Rivian’s earlier-than-expected bond issuance this month was aimed at strengthening the electric-vehicle maker’s balance sheet before geopolitical risks make borrowing costlier and does not reflect concerns about…