Rivian second round of lay offs cutting 6 percent of its employees
Rivian announced its losses in late 2022, missing the target of making 25,000 vehicles. The automaker struggles with...
supply chain issues
supply chain issues
Tesla sending out vehicles to service centers with a missing part, delaying deliveries
Tesla appears to have supply chain issues once again this year. But the issue is not with battery...
Lucid CEO received $260M award just before shares plunged The award was a performance-based award given to Rawlinson last year
Lucid Group awarded Lucid CEO Peter Rawlinson around 13.8 million time-based units of stock last year. It was...
Volkswagen CFO states the Semiconductor bottlenecks to continue until 2024
According to a recent statement by Volkswagen Chief Financial Officer (CFO) Arno Antlitz, the semiconductor chip shortage will...
EV maker Rivian says Ukraine crisis adds to its supply chain pressures
Rivian recently stated that its supply chain pressures and costs have increased as Russia’s invaded Ukraine. It is...
Tesla solar roof installations halted due to some issues Some Tesla solar roof clients are to be left without roof for months
Tesla has halted the solar roof installations as there are certain issues with the roof tiles. It will...
Rivian R1T electric pickup with bigger battery pack delayed to 2023
Rivian was already known to have been struggling with the production of its electric vehicles. Adding to that,...