SoundCloud followed up last year's extensive layoffs with more this May. The streaming audio service said it would shed 8 ...
based company has been seen as a leading contender to break out of a pack of EV startups that ... costs alongside the layoffs it has enacted over the past year, Rivian said. The company reaffirmed ...
Electric vehicle maker Rivian Automotive on Tuesday reported a ... according to the company. The EV maker had $11.8 billion in cash remaining as of March 31, down from $12.1 billion at the end ...
Despite massive losses, Rivian is the only EV maker with some good news today. Quarterly losses narrowed from last year, thanks to cost reduction including layoffs. The company said it’s on ...
Rivian is not the only EV company feeling additional financial ... year as the company grappled with a semiconductor shortage, layoffs, recalls and lower-than-expected manufacturing numbers.
and traditional automakers are tightening competition with lower-priced electric vehicle (EV) models. Rivian calmed investor nerves this week by sticking to its 2023 production target and ...
Rivian says R1T deliveries can happen in “14 days or less” in some cases. Despite a rough first-quarter earnings week for many EV startups, Rivian stood above the crowd. In the first three ...
Shares of Rivian Automotive Inc (RIVN.O) closed 7.3% lower on Monday after the electric-vehicle maker recalled nearly all its ...
Rivian bucked the trend seen by rivals Lucid Group and Fisker Inc as each trimmed their production targets. EV STARTUPS FROM LUCID TO RIVIAN SEE DEMAND FADE, SUPPLY CHAIN ISSUES LINGER The ...
That company is Rivian (RIVN). And that’s why we think RIVN stock could be the best EV stock to buy today. For those that are unaware, Rivian is an EV startup that is designing, manufacturing ...
