Tuesday Ticker: Rivian reveals Q2 results; AutoCanada set to report Q2 financials Aug. 13
Toronto, Ontario — In this Tuesday Ticker, Rivian reports its financial results for the quarter ending June 30, 2024, while maintaining its full-year guidance for 2024. Also in this weekly report: AutoCanada preps to announce its own Q2 numbers. Rivian report Rivian’s revenue for Q2 2024, rang up to US$1.16 billion, though the EV maker’s […]
Tuesday Ticker: VinFast’s massive valuation; Rivian raises production forecast
Toronto, Ontario — This week’s Tuesday Ticker covers VinFast’s valuation increase and Rivian’s decision to up production guidances for 2023. Viva la VinFast VinFast went public on the Nasdaq last week, with a whopping US$85 billion valuation—almost twice that of General Motors or Ford, the two largest automakers in the U.S. The Vietnamese EV maker […]
Tuesday Ticker: March 29, 2022
Toronto, Ontario — In this weekly Tuesday Ticker, General Motors cooperates with authorities following a former manager’s arrest on bribery charges, while Rivian suffers another blow in market analyst predictions. Fixed bids and bribery A former General Motors manager has been accused of taking US$3.45 million in bribes from a South Korean parts supplier, according […]