EV maker Rivian Automotive RIVN is reportedly cutting another 1% of its workforce, just days after larger rival Tesla announced massive layoffs. What Happened: While Rivian’s previous cut ...
BUFFALO, N.Y. — Some workers at the Tesla plant in South Buffalo got some very difficult news as they arrived for their early morning shift on Monday. Corporate cost-cutting may cost them their ...
(Bloomberg) — Tesla Inc. is slashing head count by more than 10%, part of a global retrenchment extending all the way into its executive ranks as the carmaker struggles with slowing demand for ...
, opens new tab reported first-quarter deliveries above market expectations on Tuesday as price cuts helped boost demand for its luxury electric sedans, sending its shares up about 3%. The ...
Lucid Showcases 2024 Air Grand Touring: Premium EV maker Lucid Group, Inc. (NASDAQ:LCID) announced this week details about the 2024 Lucid Air Grand Touring, including an array of enhancements.
NEW YORK -- Tesla CEO Elon Musk told employees on Monday that the electric vehicle giant is cutting 10% of its global workforce, marking the latest fallout from an intensifying EV price war as ...
Tesla continues to right-size and channelize efforts into more profitable avenues of its businesses amid its turnaround ...
Lucid reported first-quarter deliveries above market expectations on Tuesday as price cuts helped boost demand for its luxury electric sedans. The company handed over 1,967 vehicles in the first ...