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    • Gateway - Jalopnik

      Jalopnik· 6 days ago

      Rivian may have lost $1.35 billion in the first quarter of 2023 and built fewer than 10,000 vehicles over that span, but the electric truck maker doesn’ ...

    • Gateway - Quartz

      Quartz· 6 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 - Quartz

      Quartz· 7 days ago

      Electric vehicle startup Rivian’s stock plunged to an all-time low Thursday, before falling even further on Friday after Ford Motor Co. released new incentives on its own ...

    • Gateway - Jalopnik

      Jalopnik· 6 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· 6 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 ...