Electric Vehicle - Page 107

Rivian Faces Challenges Amid Stock Decline

Rivian Faces Challenges Amid Stock Decline

Rivian Automotive (NASDAQ:RIVN), a prominent player in the electric vehicle sector, has seen its stock price fall by 5.4%, landing at $11.19. This downturn follows a recent downgrade by Morgan Stanley, which advised a shift from an “overweight” rating to “equal-weight.” The
2024-09-26
The Impact of the EV Shift on American Jobs

The Impact of the EV Shift on American Jobs

The transition towards electric vehicles (EVs) has led to significant changes in the automotive industry, prompting manufacturers to reevaluate their workforce requirements. Recently, General Motors announced plans to temporarily reduce its workforce by nearly 1,700 employees as it updates its Fairfax, Kansas
2024-09-26
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