When EV maker Rivian releases its second quarter financial report tonight after the bell, all eyes will be on one key metric. Like Tesla, Lucid, and even GM and Ford before it, investors are keenly watching what Rivian CEO RJ Scraringe and team will say about the company’s annual production forecast, currently sitting at 25,000 vehicles for the year.
As he continues battling Twitter in a lawsuit, Tesla CEO Elon Musk revealed he sold nearly 8 million Tesla shares worth $6.9 billion.
Goodyear (GT) sees robust year-over-year growth in its top and bottom lines in Q2. It expects supply chain challenges to persist.