Rivian to cut 10% of salaried staff as EV momentum stalls – Daily News
By Ed Ludlow and Aashna Shah | Bloomberg Irvine-based Rivian Automotive shares fell in early trading after the electric-vehicle maker issued a disappointing production forecast and announced plans for another round of job cuts. The maker of plug-in pickups, SUVs and delivery vans expects to build just 57,000 vehicles this year, in line with last … Read more