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

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

On April 17, the company said that it would lay off 1% of its workforce, taking another step on a long road to chipping away ...

Electric vehicle maker Rivian said Tuesday it is making progress in its efforts to rein in costs and shore up its manufacturing capabilities — both critical components to determining when the company ...

One’s burning cash, one’s moving out, and another’s laying off. Four high-profile EV makers are having a rough quarter.

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 ...

The number of employees affected was at the time unknown. Is reducing its total workforce by 1%. It’s the second round of ...

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