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24/7 Wall St. on MSNRivian Shaken by Unexpected Layoffs
Rivian Lays Off Workers as It Preps Launch of Cheaper SUV.” It was just the latest in a turntable of bad news from the ...
The automaker had been facing pressure as the U.S. market outlook has cooled to electric-only cars and trucks.
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 Automotive shares are trading marginally lower Thursday morning. Recent optimism is centered on Rivian's upcoming R2 ...
If you’re trying to make sense of the latest action in Rivian Automotive (RIVN), you’re not alone. There’s plenty for investors to digest right now. Optimism is building around the company’s upcoming ...
Rivian Automotive’s (NASDAQ:RIVN) upcoming R2 SUV could drive significant growth, with Needham analyst Chris Pierce ...
Rivian Automotive, Inc. (NASDAQ:RIVN) is one of the AI Stocks Analysts Say You Shouldn’t Ignore. On August 25, Needham ...
Production for the quarter totaled 5,979 units, a decline of 37.8% compared to the same period in 2024, attributed to supply ...
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.
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.
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Better EV Stock: Rivian vs. Tesla
Both Tesla and Rivian stocks carry their fair share of risk. Rivian is still unprofitable and faces near-term headwinds from tariffs and the loss of EV tax credits. Tesla, however, has a weakening ...
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