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News May 8, 2023 0 comments on Lucid adjusts 2023 production guidance on weaker than expected Q1 financials

Lucid adjusts 2023 production guidance on weaker than expected Q1 financials

by Darryn John

Lucid has published its Q1 2023 financial report and has posted weaker than expected numbers after experiencing a decline in their production and deliveries over the previous quarter. Lucid has also adjusted their 2023 production […]

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rivian
News February 28, 2023 0 comments on Rivian posts $6.75 billion net loss in 2022, sets production guidance at 50,000 vehicles in 2023

Rivian posts $6.75 billion net loss in 2022, sets production guidance at 50,000 vehicles in 2023

by Darryn John

Rivian has published its Q4 2022 and full year financial results on Tuesday, and the automaker is continuing to burn through cash at a rapid rate. On the positive side Rivian is setting its expectations […]

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