Auto shockers expected as Rivian secures Volkswagen as major partner
Rivian partners with Volkswagen in $5 billion joint venture, boosting stock nearly 50%. Major automakers may follow suit with partnerships.
Volkswagen Group News & Breaking Stories
Rivian stock soars over 50% after Volkswagen's $5 billion investment
Rivian and Volkswagen partner to boost electric vehicle production with $1 billion investment, aiming to lower costs and increase innovation.
Tesla TSLA Q1 earnings decline year over year, missing expectations
Tesla disappoints with Q1 2024 results, missing earnings and revenue estimates. Caution on 2024 vehicle growth. Zacks Rank #5 (Strong Sell).
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