Rivian settles $250 million IPO lawsuit
On the Dash:
Rivian will pay $250 million to settle investor claims over alleged IPO misrepresentation.
The company is cutting more than 600 jobs to reduce costs and stabilize operations.
...
TSLA372.110-5.83%
GM82.6302.06%
F12.7100.11%
RIVN15.4700.18%
CYD33.0301.83%
HMC32.9300.74%
TM190.3403.62%
CVNA65.0600.88%
PAG209.6201.65%
LAD316.4206.82%
AN166.9804.09%
GPI252.1804.39%
ABG185.1505.21%
SAH64.9502.47%
TSLA372.110-5.83%
GM82.6302.06%
F12.7100.11%
RIVN15.4700.18%
CYD33.0301.83%
HMC32.9300.74%
TM190.3403.62%
CVNA65.0600.88%
PAG209.6201.65%
LAD316.4206.82%
AN166.9804.09%
GPI252.1804.39%
ABG185.1505.21%
SAH64.9502.47%
TSLA372.110-5.83%
GM82.6302.06%
F12.7100.11%
RIVN15.4700.18%
CYD33.0301.83%
HMC32.9300.74%
TM190.3403.62%
CVNA65.0600.88%
PAG209.6201.65%
LAD316.4206.82%
AN166.9804.09%
GPI252.1804.39%
ABG185.1505.21%
SAH64.9502.47%
Rivian
Rivian to lay off over 600 workers, WSJ reports
On the Dash:
Rivian is cutting 4% of its workforce to manage costs amid declining EV incentives and revenue pressures.
The company lowered its full-year delivery guidance, even after Q3...
Rivian redesigns R2 SUV doors after safety complaints
On the Dash:
Rivian will relocate the R2 SUV rear manual door release for easier and safer access.
The redesign responds to complaints about R1 models and broader safety concerns...
Lucid misses Q3 output, shifts focus to Gravity SUV launch
On the Dash:
Lucid’s Q3 production and deliveries fell short of Wall Street expectations, impacted by the end of the $7,500 federal EV tax credit.
The company is focusing on...
Rivian sees 32% increase in Q3 deliveries as tax credits end
On the Dash:
Rivian narrowed its 2025 delivery guidance to 41,500–43,500 vehicles despite a 32% Q3 delivery surge.
The expiration of U.S. EV tax credits and high tariffs are increasing...
Rivian breaks ground on $5B Georgia EV plant amid market challenges
On the Dash:Â
Rivian has begun construction on its $5 billion Georgia plant even though the Trump administration ended the $7,500 federal tax credit for EV buyers.
The Georgia facility,...
Rivian recalls more than 24,000 EVs over Highway Assist software defect
On the Dash:
Rivian is recalling 24,214 R1S and R1T vehicles from model year 2025 due to a Highway Assist software defect.
The issue, discovered after a misclassification incident, increases...
Rivian bets on $45k R2 SUV to drive growth
On the Dash:
At $45,000, the R2 brings Rivian closer to mainstream buyers, signaling more attainable EV options for customers.
Higher import costs and the loss of tax credits will...
Rivian revives $5B Georgia EV factory, pledges 7,500 jobs
On the Dash:
Rivian’s $5B Georgia EV plant will create 7,500 jobs, with production by 2028.
First announced in 2021, the factory is now set to break ground in 2026.
...
EV makers lose millions as Trump administration delays fuel economy enforcement
On the Dash:
Rivian, Lucid, and Tesla are seeing pauses in regulatory credit income due to the Trump administration’s rollback of U.S. fuel economy rules and the suspension of compliance...
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