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Rivian Follows Tesla's Lead, but Is It Too Late?

Authors :
Wilmot, Stephen
Source :
Wall Street Journal - Online Edition. 3/9/2024, pN.PAG-N.PAG. 1p.
Publication Year :
2024

Abstract

Rivian, an electric vehicle (EV) startup, is following in Tesla's footsteps by unveiling new vehicles and shifting into lower price categories. However, the EV market has become more competitive, and Rivian will have to contend with Tesla's benchmark and new products from established automakers. Additionally, Rivian's new platform will not be available until 2026, and the company will face challenges in terms of cost and production. While Rivian is considered one of America's best EV startups, the road ahead is uncertain, and the company's stock has experienced fluctuations. [Extracted from the article]

Details

Language :
English
Database :
Academic Search Index
Journal :
Wall Street Journal - Online Edition
Publication Type :
News
Accession number :
175947647