Rivian, Lucid, and Nikola implement cost-cutting strategies amid 'EV Winter,' facing challenges in the electric vehicle ...
Rivian, Lucid and Nikola this week each detailed plans to reduce costs while attempting to grow operations and make their ...
Tesla‘s (NASDAQ:TSLA) announcement of cutting 10% of its global workforce shook the electric ... According to the EV stock, Lucid delivered 1,967 vehicles in Q1 while producing just 1,725 ...
Tesla continues to right-size and channelize efforts into more profitable avenues of its businesses amid its turnaround ...
Tesla‘s (NASDAQ:TSLA) announcement of cutting 10% of its global workforce shook the electric ... According to the EV stock, Lucid delivered 1,967 vehicles in Q1 while producing just 1,725 ...
The money-losing automaker, which sells cars in China and Europe through self-owned stores, revealed plans in November to cut its workforce ... licensing deal with EV startup Forseven, a unit ...
Ford, General Motors and other major automakers are pulling back on their EV ambitions, putting more of their money behind hybrid vehicles, cutting back on production, and delaying introduction of ...
Rivian Automotive, Inc. (NASDAQ: RIVN) today announced its first quarter 2024 financial results. As previously announced, the company produced 13,980 vehicles and delivered 13,588, exceeding its ...
Rivian plans to cut another 1% of its workforce as the automaker works ... This is the second round of layoffs from the EV startup this year. After releasing its fourth quarter and full-year ...
An email from CEO Elon Musk shared by media said the company let go 10% of its global workforce ... Beleaguered EV startup Fisker, Inc. (NYSE:FSR), which is teetering on the brink of bankruptcy ...
In a significant move to streamline operations and initiate a major cost-cutting drive, Tesla is reportedly laying off over 10% of its global workforce ... known for its “startup mentality ...
Corporate cost-cutting may cost them their jobs at the ... and informed of dismissal after arriving early morning for the start of a previously scheduled shift. The person, who worked for about ...