Rivian Automotive Stock Falls as EV Maker's Delivery Estimates Come Up Short
Key Takeaways Rivian Automotive predicted 2025 deliveries below analysts' estimates.Like electric truckmaker Nikola, which ...
Why an electric-truck maker once worth more than Ford just went bust
Nikola rode a wave of optimism about EV startups, but after years of scandals and financial troubles, it filed for bankruptcy ...
Rivian Stock Falls After EV Maker Warns of Slower Sales This Year
Startup Rivian Automotive hit a milestone Thursday, reporting its first quarter of gross profit. The hitch: Much of it was ...
Rivian expects drop in EV deliveries in 2025, sees modest gross profit
Rivian forecast a modest gross profit for the year, as it managed to cut raw material and supply chain costs in its drive for efficiency.
Chinese EV maker Xpeng to double global presence to 60 markets in 2025, CEO says
The expansion in Thailand, where only one Xpeng model, the G6, is currently available, is part of its ‘go-global 2.0 strategy ...
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Scandal-ridden Nikola — known for its electric semi-trucks — files for bankruptcy
Scandal-scarred electric semi-truck maker Nikola — a pandemic darling once valued at $30 billion — filed for bankruptcy on Wednesday. The company said it is seeking an auction and sale process ...
Elon Musk had his $100 billion Tesla pay package denied by Delaware courts twice. Now, one of the EV maker’s law firms wants to change state law
With help from famed former judge Leo Strine, Delaware lawmakers have raced to propose a bill friendlier to controlling ...
EV Maker Once Worth $30B Now on Brink of Collapse
Nikola, the electric vehicle maker which was once worth more than Ford, filed for bankruptcy on Wednesday after being unable ...