Rivian and Arrival announce business restructuring, Tesla continues layoffs

Inflation and global supply chain constraints continue to take their toll on EV automakers, especially those based in the United States. Young automakers like Rivian and Arrival have announced plans to restructure their businesses, hinting at potential layoffs. Meanwhile, EV veteran Tesla has laid off hundreds of employees the past month and continues to do so.

more…

The post Rivian and Arrival announce business restructuring, Tesla continues layoffs appeared first on Electrek.