Rivian didn't have any specific news, but two items of note from competitors has investors liking Rivian more today. Rivian offers luxury, adventure-oriented electric vehicles (EVs). The average price ...
Electric-vehicle maker Lucid Group Inc said on Tuesday it would lay off about 18% of its workforce, or around 1,300 employees ...
Two rounds of layoffs and an 80% stock slump have Rivian's CEO promising focus. Customers just want their cars.
24/7 Wall St. Rivian, the electric vehicle (EV) maker, has said its best years are ahead of it. Yet, it announced a new set of layoffs, which means management worries that this outlook is not true.
Reuters obtained a copy of the email. Layoffs at Rivian come amid falling EV prices kicked off by cuts made recently by Elon Musk-led Tesla and Ford Motor Co. The price cuts by Tesla and Ford are ...
This latest round of layoffs will be aimed at cutting operational costs ... there won’t be any job cuts at its production facility in Illinois. Just like many other EV startups, Rivian is grappling ...
Electric vehicle startup Lucid Motors says it is planning to lay off about 18% of its workforce, as the company restructures ...
Rivian just underwent its second round of layoffs in 7 months. It could be a sign the EV startup's chief executive knows the need for focus. In the meantime, customers and shareholders have been ...
Electric-vehicle maker Lucid Group Inc is planning to lay off about 18% of its workforce, Insider reported on Tuesday, citing ...