Culture
EV maker Rivian gives CEO a Musk-style pay package worth up to US$4.6 billion
EV MAKER Rivian on Friday said it was giving its CEO a pay plan worth as much as US$4.6 billion over the next decade, a deal similar to…
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Rivian
Culture
Rivian to cut 600 jobs as loss of EV tax credit hits demand: source
[IRVINE, California] Rivian Automotive will lay off employees as the electric-vehicle maker contends with weakening demand following the…
Culture
Rivian records first gross profit as EV policy risks loom
RIVIAN Automotive recorded its first-ever quarterly gross profit to close out 2024, achieving a long-held goal even as it warned that…
Fashion
Rivian wins approval for US$6.6 billion loan for Georgia plant
RIVIAN Automotive won preliminary approval for a US$6.6 billion federal loan that will help support the construction of its delayed…