Rivian will be tested in the coming months when Tesla launches the Cybertruck. And test the Rivian CEO s theory that Rivian will not compete with Tesla.
The latest cuts come as the company strives to deliver a record 476,000 vehicles in the last three months of 2023 to meet the annual target of 1.8-million vehicles
Tesla missed market estimates for third-quarter deliveries on Monday as planned upgrades at its factories to roll out a newer version of the Model 3 mass-market sedan forced production halts.