Rivian Stock Crashes 18% on $1.5B Dilutive Share Sale to Fund R2 SUV Production
Rivian stock plunged 18% on July 7, 2026, after announcing a $1.5B share offering to fund R2 SUV production, highlighting the EV startup financing crisis.
BMW Recalls 29,000+ U.S. Vehicles Over Fire Risk Amid Industry Safety Crisis
BMW recalls over 29,000 U.S. vehicles due to fire risk, joining Kia, Hyundai, and Honda in a wave of safety-related recalls affecting hundreds of thousands.