[ad_1] C3.ai (AI) had fallen 15% Wednesday after closing down more than 26% on Tuesday after short seller Kerrisdale Capital published a letter to the artificial intelligence software company’s auditors alleging a series…
Tag: RIVN
As Dealerships Get More Stock, Auto Makers’ Sales Rebound in First Quarter
[ad_1] Business Autos & Transportation Autos Industry GM, Hyundai and other auto makers report a robust start to the year, due in large part to rising inventory levels and easing…
EV Startup Lucid Cuts 18% of Workforce, Including Some Executives
[ad_1] The maker of high-end electric cars plans to lay off about 1,300 employees. [ad_2] Source link
WSJ News Exclusive | Rivian Moves More Engineers Near Illinois EV Factory to Speed Up Output
[ad_1] WSJ News Exclusive Autos Industry EV startup centralizes more of its workforce to get assembly line running faster [ad_2] Source link
Stock Futures Edge Up Ahead of Powell Testimony
[ad_1] Futures inched up Tuesday, as investors awaited a Senate appearance by Fed Chair Jerome Powell. [ad_2] Source link
Rivian Posts Mixed Quarterly Results, Issues New Recall
[ad_1] The move comes as the company’s cash burn accelerates and it continues to lose money as it tries to scale up production. [ad_2] Source link
Jobs Report to Show Whether Labor Market Cooling Extended Into January
[ad_1] Recent figures paint a mixed picture of the U.S. economy’s health as the Federal Reserve raises interest rates. [ad_2] Source link
Ford Posts $1.3 Billion Fourth-Quarter Profit, Misses Full-Year Profit Guidance
[ad_1] Supply-chain disruptions slowed production at the car maker and caused it to miss its annual goal. [ad_2] Source link
WSJ News Exclusive | Rivian’s Chief Lobbyist Is Leaving the EV Startup
[ad_1] Jim Chen is departing the company, the latest high-level exit as the electric-vehicle startup works to scale up operations. [ad_2] Source link