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Rivian's Production Outlook and Job Cuts Amid EV Demand Shift

1 min read
Source: Financial Times
TL;DR

Electric-truck maker Rivian does not project any production growth in 2024, signaling potential challenges in scaling up its operations. This announcement comes as the automotive industry closely watches the company, which has gained attention for its electric trucks and SUVs.

Topics:businessbusiness-automotive#2024#automotive-industry#business-automotive#electric-trucks#production-growth#rivian
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  1. Electric-truck maker Rivian projects no production growth in 2024  Financial Times
  2. Rivian slashes production outlook, announces job cuts as EV demand wanes  Yahoo Finance
  3. Rivian workers won't be getting much sleep tonight  Business Insider
  4. Rivian's (RIVN) gross margins fall in Q4 2023, EV maker cuts staff, but there's more to it  Electrek.co
  5. Rivian stock falls as EV maker reports fourth-quarter results, announces 10% job cuts  CNBC

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