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Rivian Stock Is Going to $19 According to This Wall Street Analyst. Here's Why They May Be Right.
Cantor Fitzgerald said Rivian could gain more than 20% from current levels as analysts cited its R2 SUV, robotaxi plans and Uber deal.
Summary by The Motley Fool
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Uber Wants 50,000 Rivians. Here's Why Robotaxis, Not EVs, Might Be Rivian's Biggest Opportunity.
Rivian Automotive (NASDAQ: RIVN) has spent years trying to become a major player in the electric vehicle market. Now a new deal with Uber (NYSE: UBER) could open the door to an entirely different opportunity: robotaxis. Uber plans to deploy at least 10,000 autonomous Rivian R2 vehicles, with the option to purchase as many as [...]
Uber Wants 50,000 Rivians. Here's Why Robotaxis, Not EVs, Might Be Rivian's Biggest Opportunity
Rivian Automotive (NASDAQ: RIVN) has spent years trying to become a major player in the electric vehicle market. Now a new deal with Uber (NYSE: UBER) could open the door to an entirely different opportunity: robotaxis. Uber plans to deploy at least 10,000 autonomous Rivian R2 vehicles, with the…
Coverage Details
Total News Sources3
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
Factuality
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