Rivian keeps reducing the manufacturing costs for its EVs. In just six months, the startup slashed over $50,000 from its automotive cost of goods sold per vehicle delivered. This helped it make a ...
Rivian now supports Apple CarKey, giving R1 owners seamless unlock and start capability with iPhones and Watches. Yet CarPlay remains off the table, leaving Rivian’s infotainment strategy under ...
Rivian is turning into a case study in financial engineering. On Monday, the company announced that it would sell $1.25 billion in bonds to pay off some debt that's maturing in 2026. Last week, ...
Rivian, the electric vehicle manufacturer, is grappling with significant operational challenges as it announces new layoffs that threaten to cripple its operations. This latest development adds to the ...
Forbes contributors publish independent expert analyses and insights. Sasha Lekach covers electric vehicles and vehicle technology. The electric car brand Rivian has outdone itself for this year’s ...
Rivian beat Q3 earnings and revenue estimates, and recently lowered its full-year delivery outlook amid weakening R1-related EV sales and challenging macro conditions. Rivian achieved, however, ...
The robot swerved through the cafeteria of Rivian’s Palo Alto office, shelves adorned with chilled canned coffees — until it didn’t. Five minutes later, a man carefully pushed it out of everyone’s way ...
This is read by an automated voice. Please report any issues or inconsistencies here. The electric truck and SUV company Rivian will lay off hundreds of employees in an attempt to save cash as federal ...
I now view Rivian as a trading vehicle, not a long-term investment, due to deteriorating fundamentals and weak technicals. The looming end of the $7,500 EV tax credit and a slowing economy could ...
Tesla's profits are declining and its free cash flow is shrinking at a time when it wants to invest in new industries, including robotics. Rivian could expand its customer base with new models soon, ...
Rivian beat Wall Street estimates on both the top and bottom lines. Gross profit surprised investors and drove the stock higher. The R2 addressable market will help increase both deliveries and ...