Rivian's New Halloween Mode: Turn Pedestrians Into Zombies, Witches With Spooky Sounds And More
Portfolio Pulse from Chris Katje
Rivian Automotive (NASDAQ:RIVN) has launched new features for its Halloween mode through a software update. The update allows drivers of Rivian R1 vehicles to view pedestrians, cyclists, and motorcyclists as zombies and witches on the in-vehicle screen. The company has struggled in the last month due to macroeconomic concerns, weak earnings from rival Tesla, and concerns over debt and liquidity. Rivian shares are currently trading at $17.22, down over 40% in the last year.
October 23, 2023 | 5:05 pm
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Rivian's new Halloween mode update could potentially attract more customers, but the company's stock has been struggling due to various factors.
The new Halloween mode update is a fun and innovative feature that could potentially attract more customers to Rivian. However, the company's stock has been struggling due to macroeconomic concerns, weak earnings from rival Tesla, and concerns over debt and liquidity. Therefore, it's uncertain how this update will impact the company's stock in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100