Tag: Rivian Automotive Inc
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A ‘perfect storm’ points to a much smaller U.S. auto market by 2040
The auto industry is selling fewer cars–one forecaster says this is a fundamental change, and it is going to get worse.
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Slate Auto says each $24,950 electric pickup truck will be profitable as it aims to be cash-flow positive next year
EV startup Slate Auto CEO Peter Faricy told CNBC that every vehicle the company produces will be gross margin positive.
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Rivian laying off hundreds of workers amid R2 launch
Rivian said Tuesday it was laying off hundreds of workers, or less than 2% of its workforce.
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Rivian CEO taking different approach than Elon Musk for humanoid robotics company
Rivian CEO RJ Scaringe started a robotics company late last year called Mind Robotics that he says has has raised more than $1 billion.
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Rivian is betting on its R2 EV to turn the automaker into a household name like Tesla
The R2 SUV is meant to transform Rivian from a niche EV manufacturer that sells luxury vehicles into a more mainstream brand like U.S. EV leader Tesla.
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SpaceX top? Major IPOs don’t typically flag a bull market peak, history shows
Historical data suggest that major IPOs don’t usually flag a bull market peak in the year that follows.
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