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Top News In Rivian Treehouse Today - Breaking & Trending Today

Electric Vehicle Market Hits Speed Bumps

Despite efforts such as new model launches, price reductions, and tax credits, the expected surge in consumer interest has not materialized as anticipated. ....

General Motors , Electric Vehicles , Rivian Automotive ,

Rivian Stock Plummets 15% After Layoffs Announced

Rivian’s CEO said they “firmly believe in the full electrification of the automotive industry,” but recognize the short-term “challenging macro-economic conditions.” ....

Rivian is laying off 10 percent of its salaried employees

The Amazon-backed company reported that it lost $1.5 billion in the fourth quarter of 2023 and said that it expects to build 57,000 electric vehicles in 2024, the same number it built last year. ....

United States , Electic Vehicles ,