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Transbay Tube power issue led to BART temporarily suspending service on 2 lines

Transbay Tube power issue led to BART temporarily suspending service on 2 lines

CBS News2 days ago
A power issue in the Transbay Tube caused BART to suspend service on two of its lines and led to a major delay on the yellow line, BART said on Saturday morning.
Around 6:20 a.m., BART said there was a major delay on the yellow line in both directions due to power issues in the Transbay Tube.
Not long after, BART said it was suspending green and red line service so crews could work to restore power. As crews worked, BART continued service but only on a single track through the tube.
Power was restored just before 7:45 a.m., and BART said service to the red and green lines was up and running.
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Should You Buy Rivian Stock While It's Below $17?
Should You Buy Rivian Stock While It's Below $17?

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Should You Buy Rivian Stock While It's Below $17?

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Rivian's mixed numbers didn't impress the market, and the stock remains 30% below its 52-week high of $17.15 on May 20. Should you buy it before it bounces back? Why isn't Rivian impressing investors? Rivian sells three types of EVs: the R1T pickup, the R1S full-size SUV, and electric delivery vans for its top investor Amazon and other customers. Before its IPO in November 2021, Rivian claimed it could produce 50,000 vehicles in 2022. But this is what actually happened over the the past three and half years: Metric 2022 2023 2024 1H 2025 Vehicles produced 24,337 57,232 49,476 20,590 Vehicles delivered 20,332 50,122 51,579 19,301 Revenue $1.66 billion $4.43 billion $4.97 billion $2.54 billion Net loss ($6.75 billion) ($5.43 billion) ($4.75 billion) ($1.66 billion) Data source: Rivian. Rivian grappled with supply chain constraints in 2022. Its production and deliveries accelerated in 2023 as it overcame those challenges, but its expansion stalled out again in 2024 as rising interest rates chilled the high-end EV market, more competitors carved up the market, and it temporarily shut down its main plant to upgrade its production lines. For 2025, it expects to only deliver 40,000 to 46,000 vehicles. Analysts expect its revenue to rise 6% to $5.29 billion as it slightly narrows its net loss to $3.7 billion. It blames that slowdown on ongoing supply chain challenges, higher tariffs on raw materials and batteries, and another shutdown of its main plant as it gears up for the rollout of its smaller R2 SUV in 2026. That dim near-term outlook is weighing down Rivian's stock. Could Rivian be a deep value play? Rivian is struggling to scale up its business, but it expects the R2's launch to attract a much broader range of customers. 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Chris Gabehart sheds light on radio exchange with Ty Gibbs: 'Of course it's heated'
Chris Gabehart sheds light on radio exchange with Ty Gibbs: 'Of course it's heated'

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Chris Gabehart sheds light on radio exchange with Ty Gibbs: 'Of course it's heated'

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Tesla announces plans for 'more affordable' model amid sales slippage — here's what you need to know
Tesla announces plans for 'more affordable' model amid sales slippage — here's what you need to know

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Tesla announces plans for 'more affordable' model amid sales slippage — here's what you need to know

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