Is Rivian (RIVN) stock worth a watch as it announces job cuts?

Tesla fails to make deliveries of its vehicles, for the first time in two years.

Highlights: Tesla, Inc.’s (NASDAQ: TSLA) revenue rose 81% YoY in Q1, FY22. Nio Inc. (NYSE: NIO) revenue increased by 24% YoY in the first quarter of fiscal 2022. XPeng Inc. (NYSE: XPEV) revenue jumped 152% YoY in Q1, FY22. Electric ...

Highlights: US commercial electric vehicle maker Electric Last Mile Solutions Inc (ELMS) announced on Sunday its plans to file for Chapter 7 bankruptcy. The move comes after the company disclosed a probe by the SEC and withdrew all its previous...

General Motors (NYSE: GM) has slashed the price of its electric vehicle models Chevrolet Bolt hatchback and Bolt EUV by about US$6000, surprising everyone. It has come when the demand is high and supplies scant, allowing dealers to charge thousands...

The Mullen Automotive, Inc. (NASDAQ: MULN) stock jumped 35.64% to US$1.3106 at 10:40 am ET on Tuesday after announcing impressive test results from its polymer solid-state battery. The batteries are used in EVs, wearables devices, pacemakers, etc.&...

Highlights: Ford Motor Co (NYSE: F) to pay US$19.2 million for false advertising claims. Ford Motor faces multi-state litigation over misleading claims about its vehicles. Ford is prohibited from making false advertising claims in the future. ...

Highlights: Tesla, Inc.’s (NASDAQ: TSLA) revenue rose 81% YoY in Q1, FY22. Nio Inc.’s (NYSE: NIO) revenue surged over 49% YoY in Q4, FY21. XPeng Inc. (NYSE: XPEV) will release its first-quarter fiscal 2022 financial results on May ...

Highlights US car giant Ford Motor Company (Nasdaq: F) sold shares of EV maker Rivian worth US$214 million. Ford is still the fourth-largest shareholder in Rivian, with 94 million shares. Rowe Price Associates Inc. is the largest shareholder i...

Highlights Lucid Group Inc (Nasdaq: LCID) has bagged a 10-year contract from Saudi Arabia for electric cars. The company will set up a production plant in the country for vehicle deliveries. Lucid to set up a full production plant in Saudi Ara...

Highlights: Tesla shares witnessed a sharp fall on Tuesday after Musk’s Twitter deal. TSLA shares fell 12% to US$876.42, its highest in more than a year. Twitter shares also tanked by 3.9% on Tuesday. Tesla Inc. (TSLA) shares slid 1...