Shares of the EV start-up slid 6.8% to $9.57 on Thursday, while the S&P 500 rose 0.7% and the Nasdaq Composite gained 1.7%. It’s a record closing low, according to Dow Jones Market Data. The prior closing low was Feb. 23, when shares closed at $10.07. Shares of most electric-vehicle makers have been weak all ...

Tesla stock was unsure of what it wanted to do on Monday, initially trading lower after another downgrade and then bucking those losses to turn solidly green. At midmorning, shares were essentially flat. The downgrade, the fourth from a major broker this year, comes as demand for electric vehicles keeps slowing—and means Wall Street hasn’t ...

Rivian Automotive (NASDAQ: RIVN) impressed investors when it revealed both its second- and third-generation electric vehicles (EVs) at an event earlier this month. After a short-lived bounce in the stock following that announcement, the stock lost its momentum and is still down by more than 50% in 2024. Today, though, Piper Sandler analyst Alexander Potter ...

Shares of Rivian Automotive (NASDAQ: RIVN) were trading lower on Thursday, a day after The Wall Street Journal reported that rival electric vehicle (EV) maker Fisker (NYSE: FSR) may be preparing to file for bankruptcy. As of 2 p.m. ET, shares of Rivian were down about 8.3% from Wednesday’s closing price. Rivian last week revealed ...

Rivian Automotive (NASDAQ: RIVN) received several downgrades from analysts in the wake of its fourth-quarter earnings report released on Feb. 21. Revenue more than doubled last year, but rising interest rates are starting to take a toll on electric vehicle (EV) demand. Management expects production in 2024 to be flat year over year at 57,000 ...

Worst of all, the stocks of EV producers have just been terrible in January, and Friday trading is no exception. Tesla stock was down 1.6% in midday Friday trading at $208.51. That’s left shares down 16% so far in January. The S&P 500 and Nasdaq Composite were up 0.5% and 0.6%, respectively. Tesla is on ...