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Why Rivian Alarm Bells Might Be Ringing

TheMotleyFool 
0 0 11.05.26
Why Rivian Alarm Bells Might Be Ringing: https://g.foolcdn.com/editorial/images/869152/rivian-amazon-edv-01.jpg
 

Rivian Automotive (NASDAQ: RIVN) shifted gears and accelerated during the first quarter, reporting a narrower-than-expected loss, and that was just one of many developments.

The electric vehicle (EV) maker also announced it was increasing production at its soon-to-be Georgia plant to 300,000 vehicles a year, up from 200,000. And it announced a partnership with Uber Technologies that could put tens of thousands of R2 robotaxis on the roads by the end of 2030.

Despite solid first-quarter results, there were a couple of developments to the downside that investors should note.

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Source Fool.com

Uber Technologies Inc Stock

€64.68
5.740%
A very strong showing by Uber Technologies Inc today, with an increase of €3.51 (5.740%) compared to yesterday's price.
The stock is one of the favorites of our community with 80 Buy predictions and 3 Sell predictions.
With a target price of 92 € there is a positive potential of 42.24% for Uber Technologies Inc compared to the current price of 64.68 €.
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