WSJ News Exclusive | Fisker Ditches Tesla-Style Direct-Sales Model in Favor of Dealerships
The electric-vehicle startup Fisker is abandoning a direct-to-consumer sales model in the U.S. in favor of using traditional dealerships, after...
Rivian Automotive Cl A
U.S. Auto Sales Bounced Back in 2023
Updated Jan. 3, 2024 11:49 am ETU.S. auto sales rebounded in 2023, boosted by pent-up demand and better availability on...
Auto Sales Defy Gloomy Forecasts
The U.S. auto industry is expected to have notched a 12%-to-14% rise in new vehicle sales for the first half...
Rivian Shares Climb After EV Deliveries Outpace Estimates
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Rivian to Use Tesla’s EV Charging Standard
The pact follows similar agreements with Ford and GM to tap Telsa’s Supercharger network. Source link
Rivian Posts Mixed Quarterly Results, Issues New Recall
The move comes as the company’s cash burn accelerates and it continues to lose money as it tries to scale...
Unemployment Falls to 3.4%, Lowest in 53 Years, Jobs Report Shows
EconomyU.S. EconomyU.S. added 517,000 jobs in January, snapping five-month string of slowing employment growth Source link
Ford Posts $1.3 Billion Fourth-Quarter Profit, Misses Full-Year Profit Guidance
Supply-chain disruptions slowed production at the car maker and caused it to miss its annual goal. Source link
Tesla Shares Head for Worst Year Ever as Elon Musk Focuses on Twitter
Listen to article(2 minutes)Tesla Inc. is on pace for its worst annual stock performance on record as investors bristle at...
Rivian Recalling Nearly All of Its Vehicles
Rivian Automotive Inc. RIVN -7.64% is recalling nearly all of its vehicles to address a potential problem that could cause...
Rivian’s Losses Nearly Triple to $1.7 Billion
Rivian Automotive Inc. reported its net loss in the second quarter nearly tripled to $1.7 billion, further pressuring the electric-vehicle...
EV Maker Lucid Cuts Production Outlook in Half
Electric-vehicle maker Lucid Group Inc. LCID 4.21% said it expected to make half as many cars as previously forecast this...
Rivian Says Senate Climate Deal Puts It at Disadvantage
Electric-vehicle startup Rivian RIVN 0.57% Automotive Inc. is warning that planned revisions to the EV tax credit would put the...
Rivian Recalling 502 Electric Trucks Over Potentially Faulty Air-Bag Sensors
Electric-vehicle startup Rivian Automotive Inc. RIVN 17.96% is recalling 502 battery-powered pickup trucks over potentially faulty air bags that could...
Rivian CEO Says Chip-Shortage Problems to Ease This Year
Electric-vehicle startup Rivian Automotive Inc. RIVN -9.61% maintained its production forecast for 2022, with executives saying the supply-chain problems that...
Ford Sells About 8% of Its Stake in Electric-Vehicle Startup Rivian
Ford Motor Co. has sold off about 8% of its stockholdings in Rivian Automotive Inc., according to people familiar with...
Amazon Posts First Quarterly Loss Since 2015 as Costs, Rivian Stake Weigh on Results
Amazon.com Inc. AMZN 4.65% posted its first quarterly loss in seven years, a result that reflected broad economic trends related...
UAW Chief Says He Hasn’t Had Talks With Tesla or Elon Musk
The leader of the United Auto Workers union said he hasn’t talked with Tesla Inc.’s Elon Musk after the chief...
Rivian Automotive Curtails Production in 2022 Due to Supply-Chain Disruptions
Rivian Automotive Inc.’s losses deepened in the fourth quarter and the electric-car startup said supply-chain challenges would sharply curtail its...
Amazon Profits Show Resilience Even as Labor, Supply Crunch Weigh on Results
Amazon.com Inc. AMZN -7.81% said profits nearly doubled in the critical holiday period, as the company managed to control labor...
