Tag: Rivian
Rivian lays off 10% of workforce as EV pricing pressure mounts
Image Credits: Rivian Rivian is laying off 10% of its salaried workforce in a bid to cut costs in an increasingly tough market for electric vehicles, ...Rivian started a tough year on a flat foot
Image Credits: Rivian Rivian has a challenging year ahead — and the first quarter is off to a tepid start. The EV startup announced Tuesday that ...Rivian loses $1.45B as cost-cutting measures continue
Image Credits: Rivian Rivian lost $1.45 billion in the first quarter, showing that its recent company-wide cost-cutting measures have a ways to go before it can ...
