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Rivian, Lucid, and Tesla stocks fall
Rivian, Tesla Slide on Report Trump Plans to Nix EV Tax Credit
Shares of US automakers fell after Reuters reported President-elect Donald Trump plans to eliminate the $7,500 consumer tax credit for electric-vehicle purchases.
Rivian, Lucid, and Tesla stocks fall as Trump plans to kill the EV tax credit
Electric vehicle stocks are falling Thursday after a report detailed the incoming Trump administration’s plans to axe a tax credit for consumers buying cleaner cars.
EV makers slide on report Trump wants to scrap EV tax credit
Trump's transition team is looking to do away with the $7,500 tax credit for EV sales as part of broader tax reform legislation, Reuters reported.
Trump team puts EV tax credit on the block, Tesla is on board: Report
The clean vehicle tax credit was overhauled as part of President Joe Biden's signature climate legislation. Until then, the size of a plug-in vehicle's tax credit was based on its battery capacity, with a credit of up to $7,
Trump Plans to Kill EV Tax Credit, Reuters Reports
Shares of electric vehicle startup Rivian extended their losses to over 10% Thursday on a Reuters report that President-elect Donald Trump's transition team plans to kill the $7,500 consumer tax credit for EV purchases.
Rivian, VW and Volkswagen Group
Will Rivian be Volkswagen’s software savior? VW is betting $5.8B it will
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VW launches $5.8bn tie-up with Tesla rival Rivian
The firms will share EV technology as they face slowing demand and competition from Chinese rivals.
Volkswagen Boosts Bet on Rivian’s EV Tech by $800 Million
Volkswagen AG and Rivian Automotive Inc. named leaders for their multibillion-dollar joint venture and showcased a prototype electric vehicle, signaling their commitment even as global EV demand softens and the incoming Trump administration threatens to curtail supportive policies.
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53m
Tesla and Rivian shares were having a good week. Concerns over the future of EV tax credits ended that.
Rivian
Automotive Inc. shares dropped 12% on Thursday, their worst day in months, on heightened concerns the Trump ...
3h
Why Rivian Stock Dropped Thursday
Rivian Automotive ( RIVN -5.45%) stock is hitting the brakes today after it spiked nearly 14% yesterday. That jump came after ...
1h
Rivian-Volkswagen Deal Strengthens Finances, Yet EV Market Risks Remain: Goldman Sachs
Goldman Sachs analyst maintains Neutral rating for Rivian with raised price target. Rivian and Volkswagen confirm joint ...
1d
on MSN
VW's $5.8 billion investment in Rivian isn't guaranteed. Here are the milestones the EV maker needs to hit
VW's capital to Rivian isn't guaranteed, and neither is the success of the joint venture. Major automotive tie-ups don't ...
20h
Why Rivian's $5.8 Billion Deal With Volkswagen Is Exceptionally Bullish
Electric vehicle (EV) maker Rivian (NASDAQ: RIVN) said late Tuesday that it closed a hugely important deal, in which giant ...
1d
Rivian shares surge on $5.8 bln Volkswagen investment in JV
Shares of Rivian jumped over 15% on Wednesday after the electric vehicle maker announced a $5.8 billion investment from ...
TechCrunch on MSN
1d
The Rivian-Volkswagen joint venture deal is now up to $5.8B
Rivian and Volkswagen Group have finalized a multibillion-dollar joint venture to develop software, paving the way to let the ...
2h
on MSN
Crews on scene at Rivian Service Center fire in Shepherdsville. What we know
A Shepherdsville Fire Department official confirmed crews were at the scene, but could not provide further information.
1d
Volkswagen raises investment in Rivian to $5.8 billion
Volkswagen Group raised its investment in Rivian by 16% to $5.8 billion, the two automakers said on Tuesday, as the companies ...
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