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    • Gateway - Quartz

      Quartz· 3 days ago

      Rivian stock plunged by more than 27% to $11.18 per share on Thursday morning after disappointing investors with its fourth-quarter earnings report late Wednesday. Since Jan ...

    • Gateway - Jalopnik

      Jalopnik· 2 days ago

      Just to add insult to injury, Rivian said it is cutting 10 percent of its workforce. Unfortunately for the manufacturers, it has drastically hurt margins. Rivian& ...

    • Gateway - Jalopnik

      Jalopnik· 3 days ago

      Hertz said last week that it would be buying 100,000 Teslas, which is about a tenth of Tesla’s current annual production capacity, meaning that it would not happen all at once but over the course ...

    • Gateway - Jalopnik

      Jalopnik· 3 days ago

      Following in the footsteps of Tesla, Ford slashed prices of its Mustang Mach... to company boss RJ Scaringe, demand for the automaker’s electric pickup and SUV is “strong” and Rivian ...

    • Gateway - Jalopnik

      Jalopnik· 2 days ago

      According to a new report from The Wall Street Journal, which was brought to our attention by the folks over at CarScoops, Rivian is looking to dramatically cut the manufacturing ...

    • JD Supra: Foley Automotive Update

      JD Supra· 6 days ago

      Foley & Lardner and MEMA Original Equipment Suppliers will host a Mobility Supplier Forum on May 22 and 23 in Silicon Valley. The Mobility Supplier Forum is open to automotive industry suppliers ...