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Rivian Automotive shares are trading marginally lower Thursday morning. Recent optimism is centered on Rivian's upcoming R2 ...
The company is trying to control costs to prepare for what Tesla CEO Elon Musk calls some “rough quarters” ahead.
We recently published 10 Stocks Leaving the Market in the Dust. Rivian Automotive, Inc. (NASDAQ:RIVN) is one of the best ...
Rivian is laying off less than 1.5% of staff as it preps the $45,000 R2 SUV at its Normal, Ill., plant, the Wall Street ...
Rivian lays off 1.5% of its workforce to optimize for the R2 SUV launch, aiming for profitability in a tough EV market. Is ...
Rivian slid as investors weighed slowing EV demand and the looming federal EV credit sunset against heavy volume.
Right now, Rivian is only producing around 50,000 vehicles a year with one consumer model called the R1. These are expensive ...
Rivian shares are dropping Thursday afternoon. The decline follows a Wall Street Journal report that the company is cutting less than 1.5% of its workforce.
Shares of Rivian Automotive declined after the company laid off workers as it prepares for the launch of a more affordable sport utility vehicle next year. The stock fell 5.6% to $13.63 on Thursday.
Layoffs at Rivian are just the latest bad news for the EV maker. A new, cheaper model comes too late to help the company ...
Rivian Automotive Inc. is laying off employees from its commercial division ahead of the new R2 vehicle launch next year, a ...
Rivian Automotive, Inc. (NASDAQ:RIVN) is one of the best automotive stocks to buy according to hedge funds. In a report released on August 30, Chris Pierce from Needham reiterated a Buy rating on ...