Rivian lost $1.45 billion in the first quarter, showing that its recent company-wide cost-cutting measures have a ways to go ...
Irvine-based Rivian Automotive will cut an another 1% of its workforce, the second round of layoffs this year as the electric ...
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 ...
Members of the Rivian subreddit posted details of a survey they received, asking how much they'd be willing to spend 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 ...
One’s burning cash, one’s moving out, and another’s laying off. Four high-profile EV makers are having a rough quarter.
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 ...
U.S. automaker Tesla sold 62,167 China-made electric vehicles in April, down 18% from a year earlier, the China Passenger Car Association (CPCA) data showed on Tuesday.
Rivian had an eventful first quarter that included a splashy reveal of its future R2 and R3 EV lineup as well as more ...