SoundCloud followed up last year's extensive layoffs with more this May. The streaming audio service said it would shed 8 ...
based company has been seen as a leading contender to break out of a pack of EV startups that ... costs alongside the layoffs it has enacted over the past year, Rivian said. The company reaffirmed ...
Electric vehicle maker Rivian Automotive on Tuesday reported a ... according to the company. The EV maker had $11.8 billion in cash remaining as of March 31, down from $12.1 billion at the end ...
And all of this amid a looming recession, a Tesla-sparked price war, and the aftertaste of large-scale layoffs in March ... Glencore will invest $9 billion in Indonesia’s mining and EV battery sectors ...
Despite massive losses, Rivian is the only EV maker with some good news today. Quarterly losses narrowed from last year, thanks to cost reduction including layoffs. The company said it’s on ...
Rivian Automotive Inc. is on path to break even next year, presenting an opportunity for the stock, Barclays analysts say.
and traditional automakers are tightening competition with lower-priced electric vehicle (EV) models. Rivian calmed investor nerves this week by sticking to its 2023 production target and ...
In the last trading session, 17.55 million Rivian Automotive Inc. (NASDAQ:RIVN) shares changed hands as the company’s beta ...
The Rivian name and logo are shown on one of their ... The company looked set to add about $700 million to its market valuation after the EV maker reiterated its annual production forecast and ...
That company is Rivian (RIVN). And that’s why we think RIVN stock could be the best EV stock to buy today. For those that are unaware, Rivian is an EV startup that is designing, manufacturing ...
