Previous Close | 0.0200 |
Open | 0.0100 |
Bid | 0.0000 |
Ask | 0.0100 |
Strike | 15.00 |
Expire Date | 2024-05-03 |
Day's Range | 0.0100 - 0.0300 |
Contract Range | N/A |
Volume | |
Open Interest | 572 |
As Rivian (RIVN) grapples with EV demand challenges and operational hurdles, consider waiting for clearer signals post-Q1 earnings before investing, despite the dip in shares.
The latest layoffs at Tesla this week cut close to the bone of the EV pioneer’s big competitive advantage — its ubiquitous Supercharger network.
Volvo said earlier this week that Varela would leave the Swedish truck maker after an eight-year stint that saw him rise to the role of deputy CEO and COO in 2022. He will join Rivian in August, replacing Frank Klein who had been operations head since 2022 and is stepping down after helping with the ramp-up of the R1 SUVs and pickups. "Varela will be central to the company's growth and profitability," Rivian said.