Lucid had cut prices of its flagship Air sedans in February by as much ... Backed by Saudi Arabia's Public Investment Fund, ...
Tesla continues to right-size and channelize efforts into more profitable avenues of its businesses amid its turnaround ...
You can follow the full year's layoff trends below, in which the workforce reductions started off with a peak in Q1, before ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips A few years after electric vehicles seemed poised to dominate the automotive ...
Tesla’s bad year got worse this week, with Elon Musk’s electric vehicle company reporting a staggering loss in earnings as EV ...
Lucid clearly knows how to build a fast electric car: In 2024 and beyond, the challenge is selling more of them as it readies an assault on the EV mainstream. To start, the Air lineup is ...
Founded in 2020, the company has rapidly expanded boasting over 12 experience stores across major cities and a network of more than 350 dealers throughout India — an almost two-fold increase in ...
Amidst declining deliveries, Tesla is cutting around 10% of its workforce signaling future challenges ... manufacturers and even relative to other EV pure plays. Recently, CEO Elon Musk has ...
EV maker Rivian Automotive RIVN is reportedly cutting another 1% of its workforce, just days after ... positive by the end of the year.” The EV startup had 16,790 workers as of Dec. 31 ...
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 ...
SAN FRANCISCO (Reuters) -Electric vehicle maker Rivian (NASDAQ:RIVN) said on Wednesday it cut about 1% of its workforce - the ... R2 SUVs and said it would start producing them at its existing ...