What Happened: While Rivian’s previous cut in February impacted product teams and those working on the company’s commercial EVs, the latest round of workforce ... The EV startup had 16,790 ...
Several analysts are bracing for the EV maker’s sales to potentially shrink ... In its most recent major workforce reduction, Tesla eliminated about 10% of salaried workers in mid-2022.
The electric-vehicle startup ... Alpha. Lucid in February had cut prices of its flagship Air sedans by 1% to 10% to support demand at a time when consumers are rethinking EV purchases and turning ...
An email from CEO Elon Musk shared by media said the company let go 10% of its global workforce ... Beleaguered EV startup Fisker, Inc. (NYSE:FSR), which is teetering on the brink of bankruptcy ...
Tesla continues to right-size and channelize efforts into more profitable avenues of its businesses amid its turnaround ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips A few years after electric vehicles seemed poised to dominate the automotive ...
Lucid’s upbeat deliveries reflect the demand for its vehicles has remained resilient after the electric vehicle startup cut prices of its flagship Air sedans by 1 per cent to 10 per cent in February ...
Automakers are under increasing pressure to cut capital spending on electric vehicles. Premium EV startup Lucid (LCID.O) , opens new tab is also trying to augment relatively small sales of its own ...
Lucid's deliveries remained resilient after the electric vehicle startup cut prices of its flagship Air ... more affordable hybrid alternatives. EV giant Tesla reported a quarterly decline in ...