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Amortization

Management

Sales

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

Carscoops

FEBRUARY 22, 2024

The company expects to build 57,000 vehicles this year, the same number of EVs that it managed to produce throughout 2023. Rivian also projected an adjusted loss before interest, taxes, depreciation, and amortization of $2.7 According to Reuters , analysts had anticipated the brand to manufacture over 81,000 vehicles in 2023.

Amortization

Amortization Manufacturing Management Automotive

Why are you in business anyway?

Canadian Auto Dealer

MARCH 30, 2024

While selling is critical, it is far more important to translate those sales into actual cash that you can use to run your business. 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.

Amortization

Amortization Banking Management Dealerships

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

Why are you in business anyway?

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