Irvine-based Rivian Automotive will cut an another 1% of its workforce, the second round of layoffs this year as the electric ...
Tesla‘s (NASDAQ:TSLA) announcement of cutting 10% of its global workforce shook the electric vehicle (EV) market and EV ...
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 ...
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 ...
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.
EnviroSpark, an Atlanta-based electric vehicle charging company, announced on Thursday it received a $50 million investment ...
Elon Musk is down half a dozen Tesla executives and leaders amid layoffs in the last month.
"As contractors for the Supercharger network, my team woke up to a sharp kick in the pants this morning," Andres Pinter, ...
We also discuss Rivian's plans to add hundreds of new jobs and the leadership change at Mercedes' Alabama plant.