Latest News Updates From Ed Ludlow

BusinessTechnologyEquipment

Rivian Beats EV Production Estimates

Rivian Automotive built and delivered more electric vehicles last quarter than Wall Street expected, giving the automaker a boost as it grapples with production hurdles and heavy costs.

April 2, 2024
BusinessTechnologyFuelAutonomous

Tesla Staff Ordered to Demo Full Self-Driving Mode to Buyers

Tesla Inc. staff are now required to install and demonstrate the company鈥檚 driver-assistance technology before handing cars over to buyers in North America.

March 25, 2024
BusinessTechnologyFuelAutonomous

Rivian Puts Georgia Factory Plans on Pause

Rivian Automotive is pausing plans to build a new multibillion-dollar factory in Georgia, an abrupt reversal aimed at cutting costs while the company prepares to launch a cheaper electric vehicle.

March 7, 2024
BusinessTechnology

Rivian鈥檚 Quarterly EV Deliveries Fall Short of Estimates

Rivian Automotive Inc. missed expectations for quarterly electric vehicle deliveries, weighing on the manufacturer鈥檚 shares even as production ramped up during the past year.

January 2, 2024
BusinessTechnology

Rivian CEO Adds Product Oversight to Responsibilities

Rivian Automotive CEO RJ Scaringe will take on an expanded role overseeing all product-related functions as the automaker prepares for the next generation of its electric vehicle lineup.

November 21, 2023
BusinessTechnologyEquipment

Rivian鈥檚 Forecast Falls Short

Rivian Automotive disappointed investors by maintaining its full-year guidance even as production and deliveries in the third quarter exceeded Wall Street expectations.

October 2, 2023
BusinessTechnologyLogistics

Rivian Will Build 52,000 EVs This Year, More Than Planned

Rivian Automotive Inc. expects heavy losses to continue as it boosts production plans for the year and works to reestablish itself as a rising player in the increasingly crowded EV market.

August 8, 2023
BusinessTechnology

Rivian Ships First Amazon Electric Delivery Vans to Europe

Rivian Automotive Inc. started delivering the electric vans it makes for Amazon to Europe in the EV maker鈥檚 first commercial shipments outside the U.S.

July 5, 2023
BusinessTechnology

Rivian Adopts Tesla鈥檚 EV Charging Standard

Rivian Automotive Inc. will incorporate Tesla Inc.鈥檚 electric vehicle charging ports into future automobiles and gain access to its supercharger network.

June 20, 2023
BusinessTechnologyFuel

Nikola Needs New Leadership, Says Trevor Milton

Nikola Corp. founder Trevor Milton called for leadership change at the electric truck maker and urged shareholders to vote against upcoming company-backed proposals.

June 15, 2023

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