Irvine-based Rivian Automotive will cut an another 1% of its workforce, the second round of layoffs this year as the electric ...

SAN FRANCISCO (Reuters) -Electric vehicle maker Rivian said on Wednesday it cut about 1% of its workforce - the second round ...

Stock Market News, Stock Advice & Trading Tips Tesla‘s (NASDAQ:TSLA) announcement of cutting 10% of its global ...

As EV sales sputter, the faltering company cuts 1 percent of its workforce in a second round of firings this year.

D eeply troubled EV company Rivian, which is almost certainly too small to survive the current downtrend in EV sales, has set ...

Rivian is planning to reduce employment by a further 1% by the end of the year in an effort to increase profitability.

Tesla laid off multiple teams in the latest cuts made after announcing a 10% reduction in employees earlier this month.

Rivian has cash reserves of $9.4 billion at the end of 2023 while it produced 57,000 cars in 2023. Read why I'm bullish on ...

EnviroSpark, an Atlanta-based electric vehicle charging company, announced on Thursday it received a $50 million investment ...

Elon Musk's recent move to downsize Tesla's Supercharger team comes at a particularly inopportune moment. The reduction in ...

Elon Musk is down half a dozen Tesla executives and leaders amid layoffs in the last month.