Rivian Automotive reveals a new vehicle Thursday, as the EV startup looks to offer an electric SUV in the $40,000 range even as demand for EVs appears to be slowing in 2024. Meanwhile, a firm initiated coverage of Rivian stock Thursday, handing the stock a buy rating. Rivian unveils the R2 — its smaller, cheaper, next-generation vehicle — Thursday.
Rivian Stock Handed Buy Rating As Startup Launches New R2 Vehicle With EV Demand In Question
Mar 7, 2024
