Cost-cutting layoffs have had little effect on Rivian's bottom line, as the troubled electric car maker has limped from ...
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 ...
One’s burning cash, one’s moving out, and another’s laying off. Four high-profile EV makers are having a rough quarter.
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 at its large losses. Investors will be getting a big update from Rivian ...
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 ...
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 ...
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 ...
Elon Musk is down half a dozen Tesla executives and leaders amid layoffs in the last month.