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Ferrari’s first electric car earned a chilly reception at its Rome unveiling this spring. A newly launched manual-gearbox V12 has since reset the story for one of the auto sector’s most closely watched luxury names. Bank of America analyst Horst Schneider raised his price objective on Ferrari N.V. (NYSE: RACE ) from $4
Rivian Automotive Inc. (NASDAQ: RIVN ) shares are in focus Monday after the company reported second-quarter production and delivery figures Thursday. The Numbers Rivian produced 12,613 vehicles and delivered 12,194 at its manufacturing facility in Normal, Illinois during the quarter ending June 30. Deliveries topped th