Autos

Rivian reports results after the bell. Here’s what investors should know

0


A Rivian electric truck is displayed near the Nasdaq MarketSite building in Times Square on November 10, 2021 in New York City.

Michael M. Santiago | Getty Images

Wall Street analysts have set a high bar for EV start-up Rivian Automotive following its blockbuster IPO last month, comparing CEO RJ Scaringe to Superman and saying the company’s “the one” capable of challenging Tesla.

Whether Rivian and Scaringe, who does resemble Clark Kent, can live up to the hype will begin Thursday after the markets close when the automaker reports its first quarterly financial results as a public company.

While Rivian has given some earnings and production guidance as part of its IPO, investors will…



Source cnbc.com

0 0 votes
Article Rating

EU leaders say Nord Stream 2 should feature in sanctions against Russia

Previous article

Engine No.1 CEO Jennifer Grancio on the firm’s new approach after winning the battle against Exxon

Next article

You may also like

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

More in Autos