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Mizuho analyst Vijay Rakesh downgraded Tesla, Rivian and Nio on Monday, citing weak demand and rising inventories.
Mizuho Securities analyst Vijay Rakesh downgraded Tesla, along with Rivian Automotive, Inc. and Nio, Inc.
Mizuho analyst Vijay Rakesh downgrades Rivian Automotive (NASDAQ:RIVN) from Buy to Neutral and announces $12 price target.
The underperformance of EV stocks continues as the industry faces an uncertain near-term amid floundering fundamentals.
On CNBC’s "Mad Money Lightning Round," Jim Cramer said he doesn’t like Dominion Energy, Inc. (NYSE: D).
Jim Cramer expressed his preference for the vehicle produced by Rivian Automotive Inc. over the company's stock.