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Rivian’s Stock Sale Amid Good News | Raleigh News
Rivian’s stock rally hit a snag when the EV maker announced a massive 75 million-share offering—despite beating delivery targets and boosting revenue forecasts. While investors bristled at the dilution, the move was strategic: cash is vital for factories, DOE loans, and scaling up. The real test? Q2 earnings, especially if the new R2 model starts turning a profit. Shareholders paid for the future—now they’re watching to see if it’s worth it. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated…
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