Rivian Plans to Cut Another 6% of Its Workers
Rivian plans to cut another 6% of its workers to preserve cash.
Rivian Is Recalling Most of Their Vehicles
Electric car maker Rivian is recalling nearly all of its vehicles because a potential problem could cause them to lose steering control.
Amazon Posted First Quarterly Loss Since 2015
Amazon posted their first quarterly loss since 2015. The likely cause are rising costs and their recent stake in the electric car company Rivian causing their sales grown to slow…
Rivian’s Shares Rose in Their IPO Day
Rivian, the electric vehicle company, had a great day with their shares rising more than a third in their IPO debut.