Jiten Behl

Rivian Automotive Inc (NASDAQ: RIVN) announced unexpected price hikes earlier this week, which was particularly unfortunate for reservation holders.  It appears the electric vehicle startup is walking back the price increases following a backlash from customers.  What...

Rivian Automotive Inc (NASDAQ: RIVN) is trading lower Wednesday after the company on Tuesday announced it's raising the prices of its vehicles by about 20%. According to a Reuters report, the price increases come as a result of inflationary pressures and higher component...