What Happened: While Rivian’s previous cut in February impacted product teams and those working on the company’s commercial EVs, the latest round of workforce ... The EV startup had 16,790 ...

Lucid's deliveries remained resilient after the electric vehicle startup cut prices of its flagship Air ... more affordable hybrid alternatives. EV giant Tesla reported a quarterly decline in ...

the total shutdown of a company or startup. You can follow the full year's layoff trends below, in which the workforce ...

Most electric vehicle stocks retreated along with the broader market in the week that ended on April 19, with ...

Lucid’s upbeat deliveries reflect the demand for its vehicles has remained resilient after the electric vehicle startup cut prices of its flagship Air sedans by 1 per cent to 10 per cent in February ...

Michael Adams is lead editor, investing at Forbes Advisor. He's researched, written about and practiced investing for nearly two decades. As a writer, Michael has covered everything from stocks to ...

Automakers are under increasing pressure to cut capital spending on electric vehicles. Premium EV startup Lucid (LCID.O) , opens new tab is also trying to augment relatively small sales of its own ...

The electric-vehicle startup ... Alpha. Lucid in February had cut prices of its flagship Air sedans by 1% to 10% to support demand at a time when consumers are rethinking EV purchases and turning ...