Tesla continues to right-size and channelize efforts into more profitable avenues of its businesses amid its turnaround ...
Tesla‘s (NASDAQ:TSLA) announcement of cutting 10% of its global workforce shook the electric ... According to the EV stock, Lucid delivered 1,967 vehicles in Q1 while producing just 1,725 ...
Tesla‘s (NASDAQ:TSLA) announcement of cutting 10% of its global workforce shook the electric ... According to the EV stock, Lucid delivered 1,967 vehicles in Q1 while producing just 1,725 ...
A year ago Lucid was in the midst of cost cutting measures, reducing prices for the Air sedan while also reducing its headcount. In fact, the luxury EV maker ... away from the start of Gravity ...
Lucid is facing a kind of existential crisis if you look at the raw numbers. But, numbers aside, how good is the actual car?
Lucid reports that it produced 1,728 units of the Air sedan in the first quarter of 2024, while also delivering 1,967 units, seeing a modest bump over the previous quarter but also setting a ...
An email from CEO Elon Musk shared by media said the company let go 10% of its global workforce ... Beleaguered EV startup Fisker, Inc. (NYSE:FSR), which is teetering on the brink of bankruptcy ...
In a separate letter to employees, Musk told his staff that the layoffs would affect more than 10 percent of the company’s workforce ... and locations was being cut off immediately.
EV maker Rivian Automotive RIVN is reportedly cutting another 1% of its workforce, just days after ... positive by the end of the year.” The EV startup had 16,790 workers as of Dec. 31 ...
Ford, General Motors and other major automakers are pulling back on their EV ambitions, putting more of their money behind hybrid vehicles, cutting back on production, and delaying introduction of ...
Rivian plans to cut another 1% of its workforce as the automaker works ... This is the second round of layoffs from the EV startup this year. After releasing its fourth quarter and full-year ...