Luminar, which makes lidar sensors for autonomous driving systems, announced today plans to lay off 20 percent of its ...
The startup produced 1,728 Air sedans in the first quarter, running behind its 2024 forecast of 9,000 vehicles. Lucid plans to launch a second model, the Gravity crossover, this year.
the total shutdown of a company or startup. You can follow the full year's layoff trends below, in which the workforce ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips A few years after electric vehicles seemed poised to dominate the automotive ...
Tesla’s bad year got worse this week, with Elon Musk’s electric vehicle company reporting a staggering loss in earnings as EV ...
Most electric vehicle stocks retreated along with the broader market in the week that ended on April 19, with ...
Lucid clearly knows how to build a fast electric car: In 2024 and beyond, the challenge is selling more of them as it readies an assault on the EV mainstream. To start, the Air lineup is ...
Founded in 2020, the company has rapidly expanded boasting over 12 experience stores across major cities and a network of more than 350 dealers throughout India — an almost two-fold increase in ...
SAN FRANCISCO, April 17 (Reuters) - Electric vehicle maker Rivian (RIVN.O) , opens new tab said on Wednesday it cut about 1% of its workforce ... and said it would start producing them at ...
Amidst declining deliveries, Tesla is cutting around 10% of its workforce signaling future challenges ... manufacturers and even relative to other EV pure plays. Recently, CEO Elon Musk has ...
EV maker Rivian Automotive RIVN is reportedly cutting another 1% of its workforce, just days after ... as per the report. The EV startup had 16,790 workers as of Dec. 31, as per the report ...
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 ...