Rivian Settles $250M IPO Lawsuit, Advances Custom Silicon And Autonomy Push in US EV Manufacturing

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Feb 09

The electric vehicle boom is changing how cars get made in America, and Rivian Automotive (NASDAQ:RIVN) is leading the charge with smart tech moves. This California company has racked up wins heading...

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This California company has racked up wins heading...</p>\n\n<a href=\"https://www.benzinga.com/Opinion/26/02/50479832/rivian-settles-250m-ipo-lawsuit-advances-custom-silicon-and-autonomy-push-in-us-ev-manufacturing\">Source Link</a>\n\n</div>\n","source":"benzinga_recent_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Rivian Settles $250M IPO Lawsuit, Advances Custom Silicon And Autonomy Push in US EV Manufacturing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRivian Settles $250M IPO Lawsuit, Advances Custom Silicon And Autonomy Push in US EV Manufacturing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-02-09 22:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/Opinion/26/02/50479832/rivian-settles-250m-ipo-lawsuit-advances-custom-silicon-and-autonomy-push-in-us-ev-manufacturing><strong>Benzinga_recent_news</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The electric vehicle boom is changing how cars get made in America, and Rivian Automotive (NASDAQ:RIVN) is leading the charge with smart tech moves. This California company has racked up wins heading...</p>\n\n<a href=\"https://www.benzinga.com/Opinion/26/02/50479832/rivian-settles-250m-ipo-lawsuit-advances-custom-silicon-and-autonomy-push-in-us-ev-manufacturing\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4547","symbol_name":"WSB热门概念","start_time":0,"source_url":"https://www.benzinga.com/Opinion/26/02/50479832/rivian-settles-250m-ipo-lawsuit-advances-custom-silicon-and-autonomy-push-in-us-ev-manufacturing","article_id":"2610609659","we_media_id":null,"thumbnails":["https://static.tigerbbs.com//next-assets/images/benzinga-post-card-placeholder.svg?optimize=medium&dpr=2&auto=webp&width=240?op=imageView2&mode=2&width=256&height=256&quality=70&format=png"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/Opinion/26/02/50479832/rivian-settles-250m-ipo-lawsuit-advances-custom-silicon-and-autonomy-push-in-us-ev-manufacturing","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2610609659","pubTimestamp":1770647400,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"The electric vehicle boom is changing how cars get made in America, and Rivian Automotive  is leading the charge with smart tech moves. This California company has racked up wins heading into 2026. In December 2025, Rivian showed off its own custom chip and new self-driving tech at its first Autonomy & AI Day stuff they built over two years that works separately from their Volkswagen deal. Just before that, they announced $330,000 in school partnerships with Georgia Tech, University of Georgia, and others to train workers for their $5 billion Georgia factory. On the money side, Rivian posted $24 million in gross profit for Q3 2025, their second profit quarter with $1.56 billion in sales, up 78% from last year. Their big Volkswagen joint venture kicked off in November 2024 at $5.8 billion total, setting up Rivian’s software for VW cars by 2027.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4547":"WSB热门概念","BK4588":"碎股","BK4585":"ETF&股票定投概念","BK4555":"新能源车","RIVN":"Rivian Automotive, Inc.","BK4596":"哈里斯概念","BK4099":"汽车制造商"},"translate_title":"Rivian和解2.5亿美元IPO诉讼，推进美国电动汽车制造定制硅和自动驾驶","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RIVN":1.5},"content_text":"The electric vehicle boom is changing how cars get made in America, and Rivian Automotive (NASDAQ:RIVN) is leading the charge with smart tech moves. This California company has racked up wins heading into 2026. In December 2025, Rivian showed off its own custom chip and new self-driving tech at its first Autonomy & AI Day stuff they built over two years that works separately from their Volkswagen deal. Just before that, they announced $330,000 in school partnerships with Georgia Tech, University of Georgia, and others to train workers for their $5 billion Georgia factory. On the money side, Rivian posted $24 million in gross profit for Q3 2025, their second profit quarter with $1.56 billion in sales, up 78% from last year. Their big Volkswagen joint venture kicked off in November 2024 at $5.8 billion total, setting up Rivian’s software for VW cars by 2027. \nYet right in the middle of this progress, Rivian agreed to pay $250 million to settle a lawsuit from investors. They said the company hid real costs of making R1 trucks during its 2021 IPO, which led to a surprise 20% price jump in March 2022. That news tanked the stock 39% in 10 days and cost shareholders billions.\nAlthough many assume that such lawsuits negatively impact a company, let’s take a closer look at whether that’s really the case, including from a financial perspective.\nRivian Automotive shares are trading around $18.53-$19.45, with a market cap sitting at about $23.5-23.9 billion. Over the past year, the stock has bounced around quite a bit, hitting a low of $10.36 in early 2025 and climbing to a high of $22.69 in December. That’s a solid 42% jump year-over-year and an even more impressive 45% gain over the past three months, beating most of the market. This comeback story is fueled by better-than-expected earnings and big tech moves, like showing off its custom silicon chip and self-driving platform at the December 2025 Autonomy & AI Day.\nWhen Rivian dropped its Q3 2025 numbers on November 4, they lost $0.65 per share, which sounds bad until you realize Wall Street expected them to lose $0.72. But the real win was on the revenue side. Rivian pulled in $1.56 billion that quarter, crushing the $1.46 billion estimate and growing a massive 78% compared to last year. Even better, they posted their first-ever consolidated gross profit of $24 million, a huge turnaround from losing $392 million on gross profit the year before. Though the car-making side of the business still lost $130 million.\nBased on that strong quarter, Rivian’s management revised their forecasts for the full year. They now expect to deliver 66,000-68,000 vehicles in 2026, and while adjusted EBITDA remains negative, the loss is narrowing to between $2 billion and $2.25 billion. Looking ahead, analysts think Rivian will continue improving, with revenue projected to grow from $5.4 billion in 2025 to over $6 billion in 2026 as the R2 SUV launches. \nWall Street is still giving Rivian some benefit of the doubt, even though the company is not making net profits yet. A big part of that confidence comes from its $5.8 billion deal with Volkswagen, which brings in funding and puts Rivian's software at the center of VW's future EV plans. For many analysts, that partnership is a sign Rivian is more than just another cash-burning EV startup\nAccording to Barchart, the overall rating from Wall Street is basically a \"Hold,\" which means most analysts want to see how the R2 launch plays out before getting fully excited. Out of 26 analysts, 9 call it a \"Buy,\" 13 say \"Hold,\" and 4 say \"Sell.\" The average price target is around $16.58, a bit below where the stock trades today, but the most bullish calls go up to $25, implying roughly 30% upside if things go right\nBenzinga Disclaimer: This article is from an unpaid external contributor. It does not represent Benzinga’s reporting and has not been edited for content or accuracy.\n\n\nTo add Benzinga News as your preferred source on Google, click here.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}