Tag: rivian stock

Collision Repair

Tuesday Ticker: Toyota, Subaru announced expansions in EV partnership; Rivian beats analyst revenue estimates

Toronto, Ontario — Toyota and Subaru make a pact in the name of battery-powered vehicles, while Rivian beats out analyst estimates despite wider-than-anticipated losses-per-share in this weekly Tuesday Ticker. Partners in power Toyota will aid Subaru in manufacturing three new electric vehicles for the latter OE over the next two years, the companies announced Monday […]

May 13, 2024

OEM Certifications

Tuesday Ticker: Canadian officials reportedly close to deal with Honda; Rivian stock continues its drop

Toronto, Ontario — In this weekly Tuesday Ticker, Canadian officials get one step closer to a reported deal with Honda, while a market analyst roots for Rivian despite the company’s stock reaching all-time lows. Handshake with Honda Canadian federal officials are close to forming a deal that could see Honda build EVs in Ontario, according […]

April 22, 2024

OEM Certifications

Tuesday Ticker: Stellantis shuts down merger speculation; EV automakers continue to drop

Toronto, Ontario ⁠— In this weekly automotive economics report, Stellantis shuts down merger rumours, while EV stocks continue to slip, keeping up with the 2024-thus-far trend. Stellantis slices down rumours Stellantis chairman John Elkann has commented on press speculation that the automaker was considering a merger with French OEM Renault, saying there is “no plan […]

February 5, 2024

Collision Repair

Tuesday Ticker: Rivian’s latest relationship; Analysts cut Tesla price target predictions

Toronto, Ontario ⁠— In this weekly Tuesday Ticker, Rivian sees its stocks soar; analysts fiddle with Tesla price targets; and Volkswagen makes the first steps toward its St. Thomas, Ontario battery headquarters. Rivian’s latest relationship Rivian saw its stock soar almost 15 percent over five days, following a major deal announcement. Rivian will sell its […]

December 18, 2023

EV

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 […]

August 21, 2023

Collision Repair

Tuesday Ticker: Competition for EV trucks and another quarter in the bag for AutoCanada

Toronto, Ontario — The completion of Tesla’s first Cybertruck puts pressure on its competitors in the EV space and AutoCanada prepares to delve into its Q2 financials during a call in August. Rivian recoils The unveiling of Tesla’s first Cybertruck off the assembly line dealt yet another blow to Rivian’s share prices. The news caused […]

July 17, 2023

Collision Repair

Tuesday Ticker: Bullish analyst downgrades Rivian; Mercedes-Benz opens Canadian raw materials office

Toronto, Ontario ⁠— In this weekly Tuesday Ticker, Rivian sees a 76 percent downgrade from a known bullish market analyst; an advocacy group questions Uber’s average pay in Toronto and Mercedes-Benz opens a raw materials office to pursue EV battery mineral sources.  Reluctant on Rivian Shares of Rivian Automotive have fallen 10 percent since Mar. […]

April 17, 2023

Financial

Tuesday Ticker: May 24, 2022

Toronto, Ontario ⁠— Ford throws seven million more Rivian shares up for sale while Uber tries to offset its losses in Collision Repair’s weekly Tuesday Ticker.  Red-tag item, Rivian Last week, it was reported Ford Motor Co. had offloaded eight million shares in electric vehicle startup Rivian. On Monday, May 16, the automaker sold a […]

May 19, 2022

Business

Tuesday Ticker: December 14, 2021

Toronto, Ontario ⁠— This week it’s all about the electric automakers as Tesla shares drop and Rivian sees a rise.  Up and down Despite Tesla CEO Elon Musk’s recently-announced title of TIME Magazine’s 2021 Person of the Year, Tesla stock fell sharply on Monday. Shares fell about 4.7 percent amid Monday’s trading. Analysts suspect the […]

December 13, 2021