Tesla Rivian - QuikReader

VW launches $5.8bn tie-up with Tesla rival Rivian

The firms will share EV technology as they face slowing demand and competition from Chinese rivals.

Tesla and Rivian shares were having a good week. Concerns over the future of EV tax credits ended that.

Worries that EV tax credits may go away under the Trump administration hit a fever pitch on Thursday, dragging down the stocks.

Business - MarketWatch - 13 hours ago

Rivian Maintains Profitability Target Despite Part Shortage

The carmaker said a part shortage in the third quarter hampered factory production, but it is still on track to report its first gross profit by year-end.

Business - The Wall Street Journal - November 7

Volkswagen and Rivian Form Joint Venture, Deepening Alliance

The new agreement, which builds on an earlier announcement, calls for the German automaker to invest $5.8 billion in Rivian, a maker of electric vehicles.

Business - The New York Times - 2 days ago

Rivian’s stock soars as joint venture with Volkswagen is upsized to $5.8 billion

Rivian Automotive Inc. and Volkswagen have launched their upsized joint venture, joining forces with the goal of creating “cutting-edge” electric-vehicle technology.

Business - MarketWatch - Yesterday

Rivian’s losses widen, but investors like hearing of ‘progress’ in next-gen EV

Rivian posted a wider loss and lower sales than Wall Street expected, but says it is making progress with its next-generation EV platform.

Business - MarketWatch - November 8

Rivian Reassures Investors With Cost Cuts, Green Credit Sales

Despite weak EV demand, the truck maker said it’s on track to make a gross profit in the last three months of the year.

Business - Inc. - 6 days ago

Inside VW and Rivian's $5.8 Billion Bet to Rescue Each Other

The world’s second-largest automaker and the Silicon Valley startup are trying to address each other’s core weakness.

Business - The Wall Street Journal - Yesterday

Tesla shares jump on profit beat, Musk's prediction of at least 20% 'vehicle growth' next year

Tesla reported better-than-expected profit in its third-quarter earnings report on Wednesday.

Business - CNBC - October 24

Surprising No One, Democrats Ditch Tesla

It’s never a good sign when your customers are embarrassed to be associated with you.

Top stories - The New York Times - November 1

GM and Tesla Face New Recalls

About 2,400 Cybertrucks face Tesla’s sixth recall of the year, while transmission troubles are affecting 461,000 GM vehicles.

Business - Inc. - Yesterday

Rivian lowers earnings guidance after missing Wall Street's third-quarter expectations

Rivian Automotive missed Wall Street's third-quarter expectations, including a massive difference in revenue of $116 million.

Business - CNBC - November 7

Rivian has Wall Street turning more cautious after mixed financial snapshot

A mixed quarter for the EV maker translated into more caution on Wall Street, which also mulled over the implications of the future Trump administration.

Business - MarketWatch - 6 days ago

Rivian-Volkswagen joint venture deal rises to up to $5.8 billion, VW cars expected as early as 2027

The companies said the deal is now up to $5.8 billion, with the first VW models to use Rivian's software and electrical architecture arriving as early as 2027.

Business - CNBC - 2 days ago

VW's $5.8 billion investment in Rivian isn't guaranteed. Here are the milestones the EV maker needs to hit

VW's capital to Rivian isn't guaranteed, and neither is the success of the joint venture. Major automotive tie-ups don't always result in long-term successes.

Business - CNBC - Yesterday

Tesla software under investigation after collisions

The National Highway Traffic Safety Administration (NHTSA) opened an investigation into Tesla’s Full Self Driving (FSD) software on Thursday after the system was reportedly involved in four ...

Politics - The Hill - October 18

Tesla Self-Driving System Will Be Investigated by Safety Agency

The National Highway Traffic Safety Administration said it was looking into what Elon Musk’s electric car company called the full self-driving system.

Tech - The New York Times - October 18

Tesla Surprises Wall Street With Strong Third-Quarter Results

The robust performance comes after a tumultuous start to the year in which Tesla’s profit fell for two straight quarters.

Business - The Wall Street Journal - October 24

Tesla is not a car company but it does a good impersonation

Although its vehicles are yielding more profit, most of the $750bn carmaker’s value hangs on things that are yet to exist

Business - Financial Times - October 24

Tesla’s blowout earnings still leaves investors with these questions

A closer look at Tesla’s automotive gross margins and other aspects of its business are still big question marks for investors.

Business - MarketWatch - October 26

Tesla’s robotaxi dreams will start small, these analysts say

Tesla has promised a fleet of Cybercabs by 2026 and millions of the robotaxis at some point in the future, but analysts at Deutsche Bank sought to temper expectations and map out how a Cybercab ...

Business - MarketWatch - October 28

BYD quarterly sales beat Tesla for first time

Warren Buffett-backed Chinese carmaker’s revenues surge 24 per cent but fierce competition slims margins

Business - Financial Times - October 30

Meet Musk's Fixer, the Powerful Executive Reshaping Tesla

Omead Afshar, known for his ability to mind-meld with the CEO, steps into the prominent role as the auto business confronts challenges.

Business - The Wall Street Journal - November 4

Tesla’s Stock Jumps After Trump’s Victory

Investors believe that the electric car company led by Elon Musk will benefit from his support of the president-elect.

Tech - The New York Times - 6 days ago

Tesla shares pop 9% as postelection rally continues

Tesla shares popped on Monday, continuing to ride a postelection rally as President-elect Donald Trump begins to set up his presidential cabinet.

Business - CNBC - 3 days ago

The ‘Tesla-financial complex’ roars back to life

Notional trading value of Tesla options hit $245bn on Friday

World - Financial Times - 3 days ago

Why Tesla, crypto and prisons are Trump trade winners

As the dust settles on a post-election stock market rally, some firms have already gained.

Tesla recalls 2,400 Cybertrucks in sixth recall of 2024

Tesla voluntarily recalled 2,431 Cybertruck electric pickup trucks on Wednesday due to faulty drive inverters which increase the risk for driver collision in its sixth recall effort this year. The ...

Politics - The Hill - Yesterday

Tesla Issues Sixth Cybertruck Recall This Year

Tesla said a defect could cause the electric truck to lose driver power and pledged to replace the affected part for free.

Business - The New York Times - 16 hours ago

Tesla initiates sixth Cybertruck recall in a year

Tesla is voluntarily recalling 2,431 Cybertrucks to replace defective drive inverters, according to a filing with the National Highway Traffic Administration.