Rivian R2s Bankrupt Going Out of Business RJ is Laying Off 10% of its Workforce

Рет қаралды 1,427

3 ай бұрын

Rivian Lays Off 10% Of Workforce As Lucid Production Underwhelms. Elon Musk Expects Bankruptcies. EV startup stocks Rivian (RIVN) and Lucid (LCID) sank Thursday after both companies reported fourth-quarter earnings and revenue late Wednesday, and announced they are not ramping up production in 2024.
Auto Ad Builder
Vehicle Marketing Solutions
www.autoadbuilder.com
Follow us on Social Media
autoadbuilder/
autoadbuilder
www.tiktok.com/@autoadbuilder
autoadbuilder
www.youtube.com/@automotiveadbuilder
Rivian, Electric Vehicles, EVs, Rivian R1S,R1T,R1S,Rivian R1T, Rivian layoffs, Rivian Strike, Rivian Stock, Rivian value, Rivian bankrupt, Rivian problems, RJ Rivian, Rivian CEO

Пікірлер: 9

@guccisasha 3 ай бұрын

Sure it is rough, for Rivian, i love their product, hope they will make it.

@automotiveadbuilder 3 ай бұрын

There are talks of them being bought out. Really depends who buys them....

@Rx100Vx 2 ай бұрын

@@automotiveadbuilderFUD . Share source

@jsmabry357 22 күн бұрын

I’m glad you’re telling the truth about Rivian. On The Duke of Mansville channel he’s been very dishonest about them and constantly bashing Tesla

@automotiveadbuilder 15 күн бұрын

I saw that guys youtube. He is not a car guy, you can tell. I love these guys who finally get a decent ride for the first time in life and think they know it all. He can bash Telsa, they are junk and boring to drive just like the RIvian. I drove it and was not impressed at all. Looks wise I love it, but there is no SOUL!. The Audi e-tron is much better to drive with SOUL and handling.

@dandgallares6632 3 ай бұрын

Tesla was smart in prioritizing China production. To survive the EV revolution you need presence in China, US and Europe.

@automotiveadbuilder 3 ай бұрын

You are correct, but the Chinese really know how to copy well and put out shitty cost effective product with more tech.

@TheAdmcad 3 ай бұрын

You really think Rivian will make it despite all the points you made? What does that path look like.

@automotiveadbuilder 3 ай бұрын

I was just reading how they double down graded the stock. Kind of getting scary for them. They really need some proper management in there. I think the path might be like Mercedes-Benz buying them...... Someone needs to bounce RJ and make get costs under control. Drop the R1T and forget the R2 for now or build it at the existing plant.