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Why Rivian Automotive Stock Pushed Higher Today

TheMotleyFool 
0 0 02.05.24
Why Rivian Automotive Stock Pushed Higher TodayPhoto, wide shot, wide-angle lens, soft focus, Car rental company, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Edward Burtynsky: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-C39HK7mRtkD4E8dIGhNKdJKJ.png?st=2023-05-14T13%3A30%3A04Z&se=2023-05-14T15%3A30%3A04Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2023-05-13T20%3A57%3A44Z&ske=2023-05-14T20%3A57%3A44Z&sks=b&skv=2021-08-06&sig=c7kEiWtHt1KibrlL7jP9uEmEuV%2BuAnv1nRBACXoedSk%3D
 

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.

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Source Fool.com

Tesla Inc Stock

€293.15
-0.900%
Tesla Inc shows a slight decrease today, losing -€2.650 (-0.900%) compared to yesterday.
Our community is currently high on Tesla Inc with 106 Buy predictions and 38 Sell predictions.
With a target price of 410 € there is a positive potential of 39.86% for Tesla Inc compared to the current price of 293.15 €.
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