1. Rivian's AI Day aims to showcase future vehicle capabilities. 2. Shares are down 80% since IPO due to production challenges. 3. Morgan Stanley downgraded Rivian, citing insufficient scale for AV investments. 4. Rivian plans to in-source software for advanced driver-assistance systems. 5. Analysts expect updates on timelines for Rivian's next-generation features.
FAQ
Why Bearish?
Morgan Stanley's downgrade indicates loss of investor confidence; shares remain volatile and underperforming.
How important is it?
Analysts' ratings and AI Day significance directly impact investor outlook and market response.
Why Short Term?
Immediate market reaction expected post AI Day as Rivian reveals its strategies and capabilities.