Why Rivian Automotive Stock Pushed Higher Today
Rivian Automotive (NASDAQ: RIVN) stock jumped as much as nearly 5% early Thursday. The stock move slid to a gain of just 2.7% as of 10:55 a.m. ET. But the sentiment may be a response to some frustration with another electric vehicle (EV) company.
The move comes after Rivian recently updated plans for its charging network. And that comes in sharp contrast to what EV leader has recently done with its charging segment. Tesla's new charging network plan has frustrated some followers, and Rivian may be a beneficiary.
Source Fool.com
Tesla Inc Stock
€327.35
-1.420%
Currently there is a rather positive sentiment for Tesla Inc with 105 Buy predictions and 40 Sell predictions.
As a result the target price of 398 € shows a positive potential of 21.58% compared to the current price of 327.35 € for Tesla Inc.
