Every EVXL story tagged “R1T” — newest first.
Rivian Automotive shares fell sharply on Monday following a downgrade from Guggenheim, as analysts cited mounting challenges from recent policy changes under President Trump that scrap key incentives for electric vehicle buyers. This development raises questions about affordability for EV enthusiasts eyeing Rivian’s lineup, potentially slowing adoption in a competitive market. According to a Barro
On July 3, 2025, shares of Rivian Automotive Inc. and Lucid Group Inc. surged by up to 4.6% and 8.8%, respectively, following a BNP Paribas analysis suggesting that the electric vehicle (EV) manufacturers could benefit from President Donald Trump’s tax bill, which eliminates the $7,500 EV tax credit after September 30, 2025. Bloomberg reports that…
A Houston-area family has filed a wrongful death lawsuit against Tesla, alleging defective safety designs in the Cybertruck led to Michael Sheehan’s death in a fiery crash in August 2024. The suit, lodged in Harris County, Texas, marks the first legal challenge targeting the Cybertruck’s safety systems, spotlighting concerns over battery design and emergency egress…
A Barron’s opinion piece by analyst Ben Z. Rose argues that Tesla’s Cybertruck, despite early setbacks, has become the top-selling electric vehicle (EV) pickup truck in the U.S., with an estimated 39,000 units sold in 2024, according to Cox Automotive. The truck’s bold design and Tesla’s software updates have driven its rise, surpassing competitors like…
The Ford F-150 Lightning has reclaimed the top spot in the U.S. electric pickup market, surpassing the Tesla Cybertruck in registrations for March and the first quarter of 2025, according to S&P Global Mobility. With 2,598 registrations in March compared to the Cybertruck’s 2,170, and 7,913 for Q1 against 7,126, Ford’s workhorse is gaining traction…
Slate Auto, an upstart electric vehicle manufacturer, is making waves with a $700 million fundraising haul backed by Jeff Bezos’s investment firm, Bezos Expeditions. The funding, confirmed by Newsweek, spans Series A and B rounds, with the final close in late 2024, setting the stage for Slate to challenge the EV market with its no-frills,…
Tesla has officially canceled the Cybertruck Range Extender, a decision that has sparked discussions among electric vehicle (EV) enthusiasts. According to a post on X by user Drake (@TheRealDriZzy), Tesla informed customers via email that the company will no longer sell the Range Extender and will refund deposits in full, leaving many to question the…
On May 6, 2025, Rivian’s RJ Scaringe shared an exciting glimpse of the new Maximus drive unit for the upcoming Rivian R2 electric SUV, sparking buzz among EV enthusiasts. Posted on X, Scaringe’s reveal showcases the sleek, high-performance component, signaling Rivian’s continued push into the competitive electric vehicle market with a focus on efficiency and…
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