Once the darling of the EV world, the electric truck-maker Rivian is reeling – Los Angeles Times

Business News

  1. Once the darling of the EV world, the electric truck-maker Rivian is reeling  Los Angeles Times
  2. Tesla competitor Rivian predicts zero growth this year as founder blames the Fed for making him cut a tenth of his staff  Fortune
  3. Rivian and Lucid shares plunge after weak EV earnings reports  CNBC
  4. Losing billions a year, California car company lays off hundreds  SFGATE
  5. Rivian Lays Off 10% Of Workforce As Fellow EV Startup Lucid Production Forecast Underwhelms. Elon Musk Expects Bankruptcies.  Investor’s Business Daily

Source: Business News