Why Rivian Stock Moved Higher Today
Shares of electric vehicle (EV) maker Rivian Automotive (NASDAQ: RIVN) were moving higher Wednesday. Rivian shares were up by 2% as of 1:10 p.m. ET. That comes as EV juggernaut is getting closer to offering a competitor to Rivian's R1T pickup truck with its Cybertruck.
Rivian made a move this week it hopes will offset the impacts the Cybertruck may have on demand for Rivian's electric pickup truck.
Starting this week Rivian is now offering a leasing plan for some models of its R1T pickup truck. That might not seem like a major development, but considering the EV manufacturer is still in start-up mode ramping up production, it could be a sign of more good things to come.
Source Fool.com
Tesla Inc Aktie
286,65 €
0,91 %
Tesla Inc ist ein kleiner Community-Favorit mit mehr Buy- als Sell-Einschätzungen.
Das Kursziel von 410 € für Tesla Inc weist auf eine potenzielle Steigerung von über 20% gegenüber dem aktuellen Kurs von 286.65 € hin.
