The company is trying to control costs to prepare for what Tesla CEO Elon Musk calls some “rough quarters” ahead.

Rivian, in a move to improve operational efficiency ahead of its R2 launch next year, has laid off workers within its commercial team, a company spokesperson said in an email to Automotive Dive. The ...

Electric-vehicle manufacturer Rivian Automotive (NASDAQ:RIVN) has had quite an eventful week so far, likely thanks to RIVN ...

Rivian Lays Off Workers as It Preps Launch of Cheaper SUV.” It was just the latest in a turntable of bad news from the ...

Rivian Automotive shares are trading marginally lower Thursday morning. Recent optimism is centered on Rivian's upcoming R2 ...

We recently published 10 Stocks Leaving the Market in the Dust. Rivian Automotive, Inc. (NASDAQ:RIVN) is one of the best ...

Right now, Rivian is only producing around 50,000 vehicles a year with one consumer model called the R1. These are expensive ...

Rivian Automotive Inc. is laying off employees from its commercial division ahead of the new R2 vehicle launch next year, a ...

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 Automotive’s (NASDAQ:RIVN) upcoming R2 SUV could drive significant growth, with Needham analyst Chris Pierce ...

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.

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 ...