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Rivian Cuts Workforce By 10%, Doesn’t Expect To Sell More EVs This Year

Carscoops

advertisement scroll to continue However, the CEO reiterated the company’s commitment to the full electrification of the automotive industry. The company expects to build 57,000 vehicles this year, the same number of EVs that it managed to produce throughout 2023. Rivian reported a fourth-quarter net loss of $1.52

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Why are you in business anyway?

Canadian Auto Dealer

What is the overriding goal of your automotive dealership? In many ways, the calculation of operating cash flow closely represents EBITDA (Earnings Before Interest Taxes Depreciation & Amortization). The implication of not managing this relationship is huge. What are you really trying to accomplish? Wouldn’t that be great!