Topic: electric vehicle market

  • Rivian Trims Manufacturing Staff Before R2 Launch

    Rivian Trims Manufacturing Staff Before R2 Launch

    Rivian cut 140 manufacturing jobs (1% of its workforce) to streamline operations ahead of its 2026 R2 SUV launch, targeting roles tied to inefficiencies. Affected employees are being offered internal role transitions, reflecting Rivian’s effort to retain talent despite restructuring. This follows...

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  • Elon Musk's Remarkable Turnaround in a Turbulent Year

    Elon Musk's Remarkable Turnaround in a Turbulent Year

    Elon Musk faced significant political backlash and public protests this year, with Tesla missing financial expectations and his social media platform X becoming a center of controversy. Despite Tesla's struggles, Musk's diversified portfolio, including SpaceX, xAI, and Neuralink, insulated his we...

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