HomeBusinessEnergy Sector, Oil, & Gas Stock NewsRIVN Earnings First Turn Down Road of EV Uncertainty

RIVN Earnings First Turn Down Road of EV Uncertainty

Rivian (RIVN) reports earnings after the closing bell, and it comes as the EV industry is driving through what Karl Brauer calls a "tough environment." He argues it will be "hard to see" growth for the industry under a Trump administration in the U.S. with sales already plateauing for Rivian and its peers. However, hybrids may open the door for an easier long-term transition to an electric future.

Trading 360

07 Nov 2024

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