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Rivian Cuts Off 6% Of Its Workforce Due to EV Production Challenges

Rivian Cuts Off 6% Of Its Workforce Due to EV Production Challenges
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Rivian Still Vows to Produce 25,000 EVs! Despite Current Supply Issues?

Rivian still vows to produce 25,000 electric vehicles (EVs) this 2022, in spite of the supply mess. Rivian confirms it is still on track to produce 25,000 electric vehicles (EVs) before 2022 ends while it announced its recent production number in the second quarter.

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Where next for Rivian stock ahead of Q1 2022 earnings

Rivian faces a tough time ramping-up production of its electric vehicles in the current environment plagued by inflation and supply chain bottlenecks.

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Where next for Rivian stock ahead of 2021 earnings

Rivian faces the challenge of ramping-up production at a time when supply chains are under pressure and costs are on the rise.

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Where next for Rivian stock ahead of its Q3 earnings

Rivian is set to release its first set of earnings since listing last month and expectations are high considering it has earned a lofty valuation of almost $100 billion.

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