Rivian shares accelerates after unveiling new EV models

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Go back to Rivian shares accelerates after unveiling new EV models

Rivian Automotive (RIVN) receives over 68,000 R2 reservations in less than 24 hours, says CEO

March 8, 2024 12:16 PM EST

Rivian Automotive (NASDAQ: RIVN) founder and chief executive RJ Scaringe tweeted Friday that the company has received a significant number of reservations for its R2 model.

Scaringe said the electric vehicle company "has taken more than 68,000 R2 reservations" in less than 24... More

Stifel Out Positive on Rivian Automotive Inc (RIVN)

March 7, 2024 4:06 PM EST

Stifel analyst Stephen Gengaro reiterated a Buy rating and $18.00 price target on Rivian Automotive Inc (NASDAQ: RIVN).

The analyst comments "Rivian unveiled its R2 mid-size SUV platform earlier today, expected to start at about $45,000 and scheduled for initial production in 1H26. Key positives from the launch... More