Rivian CEO RJ Scaringe reacts at an event to unveil a smaller R2 SUV in Laguna Beach, California, U.S., March 7, 2024. Mike Blake | Reuters Shares of Rivian Automotive surged 13% on Thursday as the EV maker unveiled three new vehicles and announced more than $2 billion in savings related to pausing construction on …
A Tesla dealership in Colma, California, U.S., on Wednesday, Jan. 26, 2022. David Paul Morris | Bloomberg | Getty Images Tesla cut the price of some Model 3 and Model Y versions in the U.S. after the company reported third-quarter deliveries that missed market expectations. The starting price for the Model 3 is listed at …
New York CNN Business — A tumultuous quarter at Tesla ended with some very good sales numbers. The company delivered 83,500 vehicles during the third quarter, a strong performance that should calm investor fears about logistical problems and a looming cash crunch. That included almost 56,000 of the lower-priced Model 3. Production was a bit …