Rivian Automotive Aktie News

The end of a key U.S. tax credit for electric vehicles is poised to hurt Rivian Automotive Inc., according to a Mizuho analyst who just turned bearish on the stock.

Rivian (RIVN 0.93%) isn't doing much to hide the fact that it's what might be colloquially called a "biter." Almost everything the electric vehicle (EV) company has done is similar to, if not exactly, what Tesla (TSLA 2.58%) did when it basically created the EV market.

Legendary investor Warren Buffett proved that so-called "boring" stocks can produce huge gains over long periods of time. Often, these businesses don't make the headlines for months at a time, or even years.

The more diversified of the two businesses looks like a better long-term bet.

Rivian leverages a "clean slate" approach, building its vehicle and software ecosystem from the ground up, avoiding the technical debt that slows Tesla. The company is pursuing full vertical integration, with in-house perception, software, and compute systems enabling advanced autonomy and faster feature rollouts. Rivian's AI-first strategy treats vehicles as intelligent platforms, collecting h...

Shares of Rivian Automotive Inc. (NASDAQ: RIVN) are changing hands for about the same price as a week ago, outperforming the Nasdaq.

Before Tesla (TSLA -1.44%), electric vehicles (EVs) were just something that hobbyists played with. Now, however, every major automaker and a significant number of EV-focused producers compete in the EV space.

Shares of Rivian Automotive (NASDAQ:RIVN) lost 3.40% over the past five trading sessions after losing 9.49% the five prior.