- Yahoo Finance
Rivian stock soars as Volkswagen says it will invest up to $5 billion in new joint venture
Rivian shares are surged after the EV maker announced a joint venture deal with Volkswagen, crucially bringing fresh capital into Rivian’s coffers.
- Investor's Business Daily
Rivian Affirms 2024 Production Guidance During Investor Day, Targets Gross Profit Per Vehicle
Rivian on Thursday Affirmed its full-year production forecast and estimated that second-quarter deliveries will be above analyst expectations. A day after shares surged on news of its joint venture with Volkswagen, RIVN stock fell on Thursday. During Rivian's investor day on Thursday, the EV startup announced it still expects to produce 57,000 vehicles in 2024.
- Investor's Business Daily
It Was Never Apple. Rivian Goes With Volkswagen Partnership To Ease Cash Burn But Will It Work?
Rivian stock surged early Wednesday after it announced a joint venture with Volkswagen, which includes plans for a $5 billion cash infusion.
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