Rivian (RIVN) Drops Following Big Recall

Mizuho Securities Reiterates Buy Rating on Rivian (RIVN) Following Recalls; 'Headlines Worse than Reality'

Mizuho Securities analyst Vijay Rakesh reiterated a Buy rating and $65.00 price target on Rivian Automotive Inc (NASDAQ: RIVN) following recalls.

The analyst commented, "We had the opportunity to catch-up with RIVN after the headline on the voluntary recall affecting all of its... More

Rivian (RIVN) Recalls 'Optically Negative but Financially Insignificant' - Needham & Company

Needham & Company analyst Vikram Bagri reiterated a Hold rating on Rivian Automotive Inc (NASDAQ: RIVN), calling the recalls "optically negative but financially insignificant."

The analyst commented, "

RIVN issued a recall affecting nearly all of its delivered vehicles, the third recall issued in the... More

Rivian Automotive (RIVN) Falls 6% on Recall

Rivian Automotive (NASDAQ: RIVN) falls 6% in pre-open trading Monday after recalling about 13,000 vehicles after discovering a minor structural defect.

Rivian Automotive (RIVN) option implied volatility into Rivian recalls vehicles due possible loose fastener

Rivian Automotive (NASDAQ: RIVN) 30-day option implied volatility is at 84; compared to its 52-week range of 65 to 176 into Rivian recalls nearly all vehicles due possible loose fastener.

Rivian Automotive (RIVN) call put ratio 1.4 calls to 1 put into recalls vehicles due possible loose fastener

Rivian Automotive (NASDAQ: RIVN) 30-day option implied volatility is at 84; compared to its 52-week range of 64 to 176. Call put ratio 1.4 calls to 1 put into Rivian recalls nearly all vehicles due possible loose fastener.

Morgan Stanley on NY’s Electric Vehicle Goals: 'Something Has to Give'

The state of New York has announced that, similar to California, all new vehicles sold in the state will be battery electric vehicles by 2035. The plan is aimed at reducing greenhouse gas emissions and represents a key step in achieving NY's target of reducing emissions 85% by 2050. Morgan Stanley, after examining the current state of battery supply chains and EV prices, believes this goal will be difficult to achieve.

As part of the plan, NY is making additional grants and subsidies available to both... More

Mizuho Cuts Price Target on Tesla (TSLA)

Mizuho Securities reiterated a Buy rating on Tesla (NASDAQ: TSLA) and lowered the price target to $370.00 (from 391.67) following the release of the electric vehicle companys September delivery numbers.

Teslas deliveries were 42% to 343.8k units compared to the same time last year. However, the company... More