Business, Fuel, Autonomous

Musk Warns of Tesla’s ‘Very Tough Quarter’ in Staff Email

Tesla Inc. has had a “very tough quarter” as it struggles with supply chain snags, Chief Executive Officer Elon Musk warned in an internal memo, imploring workers to help get the electric vehicle maker back on track.

Ed Ludlow | Bloomberg News
June 13, 2022
Business, Fuel

Rivian Says Production Increased, Keeps Sales Target at 25,000

Rivian Automotive Inc. said it accelerated production and stepped up sales in the first quarter, keeping the electric pickup maker on track to deliver 25,000 EVs this year.

Ed Ludlow | Bloomberg News
May 11, 2022
Business, Fuel

Rivian Boosts EV Output Despite Supply Chain Snags

Rivian Automotive Inc. produced 2,553 vehicles in the first quarter as the maker of plug-in trucks contended with a snarled supply chain and pandemic challenges.

Ed Ludlow | Bloomberg News
April 5, 2022
Business, Fuel

Rivian Cancels Price Hikes for Existing Customers After Outcry

Rivian Automotive Inc. dropped to a record low after the electric-vehicle maker rolled back price increases on its debut cars for existing customers, marking an about-face as it ramps up production and seeks to win over more buyers.

Ed Ludlow | Bloomberg News
March 3, 2022
Business, Technology, Fuel

Nikola Projects Delivering 300 to 500 Electric Trucks This Year

Nikola Corp. said it will start full-scale output of battery-electric trucks next month and deliver between 300 and 500 of the big rigs to customers this year. Its shares rose despite a slump in the broader market.

Ed Ludlow | Bloomberg News
February 24, 2022
Business, Technology, Fuel

Nikola Signs Battery Deal With Proterra for Electric Big Rigs

Nikola Corp. announced a long-term supply agreement with Proterra Inc. for battery technology, giving the electric big-rig maker a second source for the critical components.

Ed Ludlow | Bloomberg News
January 18, 2022
Business, Technology

Rivian Plunges Below IPO Price on Mounting EV Competition

Rivian Automotive Inc., the electric pickup maker backed by Amazon.com Inc., fell below the $78 a share price of its November initial public offering.

Ed Ludlow | Bloomberg News
January 6, 2022
Business, Technology, Equipment

Rivian Stumbles in Earnings Debut With Miss on EV Output

Rivian Automotive Inc. said it expects to fall short of its annual production target as the electric pickup maker gave investors the first look at its operations as a public company.

Ed Ludlow | Bloomberg News
December 16, 2021
Business, Technology, Safety, Fuel, Autonomous

Lucid Says Air Sedan Will Be First US Car to Use Lidar

Lucid Group Inc. said its debut battery-electric vehicle will be the first production car in the U.S. to include a purpose-built laser sensor, or lidar, enabling a broad range of advanced driver-assistance features.

Ed Ludlow | Bloomberg News
October 12, 2021
Business, Technology, Fuel

Lucid to Deliver 520-Mile Electric Sedan in October

Lucid Group Inc. has started production on its debut electric consumer car, with deliveries to begin at the end of October.

Ed Ludlow | Bloomberg News
September 28, 2021