Truist cuts revenue estimates and price target following Rivian (RIVN) production miss

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Proactive news headlines including Piedmont Lithium, Cyclone Metals, Eclipse Metals and Pantoro Ltd

January 3, 2023 11:07 PM EST

Sydney, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:

Piedmont Lithium Inc (ASX:PLL, NASDAQ:PLL, XETRA:), which develops lithium resources critical to the US electric vehicle (EV) supply chain, has amended its agreement with Tesla Inc (NASDAQ: TSLA) to supply the US automaker with spodumene concentrate (SC6) from North American Lithium (NAL). Click hereCyclone Metals Ltd (ASX:CLE)... More

Proactive news headlines including Piedmont Lithium, Cyclone Metals, Eclipse Metals and Pantoro Ltd

January 3, 2023 11:06 PM EST

Sydney, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:

Piedmont Lithium Inc (ASX:PLL, NASDAQ:PLL, XETRA:), which develops lithium resources critical to the US electric vehicle (EV) supply chain, has amended its agreement with Tesla Inc (NASDAQ: TSLA) to supply the US automaker with spodumene concentrate (SC6) from North American Lithium (NAL). Click hereCyclone Metals Ltd... More

Rivian Produced 10,020 Vehicles in Q4 2022

January 3, 2023 4:40 PM EST

IRVINE, Calif.--(BUSINESS WIRE)-- Rivian Automotive, Inc. (NASDAQ: RIVN) today announced production totals for the quarter ending December 31, 2022. The company produced 10,020 vehicles at its manufacturing facility in Normal, Illinois and delivered 8,054 vehicles during the same period.

On a full-year 2022 basis, the company produced... More

Tesla Vehicle Production & Deliveries and Date for Financial Results & Webcast for Fourth Quarter 2022

January 2, 2023 12:17 PM EST

AUSTIN, Texas--(BUSINESS WIRE)-- In the fourth quarter, we produced over 439,000 vehicles and delivered over 405,000 vehicles. In 2022, vehicle deliveries grew 40% YoY to 1.31 million while production grew 47% YoY to 1.37 million.

We continued to transition towards a more even regional mix of vehicle builds which again led to a further increase in cars in transit at the end of the quarter.

Thank you to all of our customers, employees, suppliers, shareholders and supporters who helped us achieve a great 2022 in light of significant COVID and supply chain related challenges throughout the... More

Tesla Announces Date for 2023 Investor Day

January 2, 2023 12:10 PM EST

AUSTIN, Texas--(BUSINESS WIRE)-- We plan to host Tesla's 2023 Investor Day on March 1, 2023. The event will be live streamed from our Gigafactory Texas, with the option for some of our institutional and retail investors to attend in person (details to follow). Our investors will be able to see... More