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

Carscoops

Rivian also projected an adjusted loss before interest, taxes, depreciation, and amortization of $2.7 While we will soon see the new R2 in the flesh, it will be quite some time until they reach the hands of customers. According to Reuters , analysts had anticipated the brand to manufacture over 81,000 vehicles in 2023.

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Why are you in business anyway?

Canadian Auto Dealer

Why are you grinding it out every day, dealing with customer issues, employee matters and OEM demands? While selling is critical, it is far more important to translate those sales into actual cash that you can use to run your business. What are you really trying to accomplish? What is the overriding goal of your automotive dealership?