boem@lemmy.worldcake to Technology@lemmy.worldEnglish · 2 months agoFisker now expects to go bankrupt within 30 dayswww.arenaev.comexternal-linkmessage-square41fedilinkarrow-up1212
arrow-up1212external-linkFisker now expects to go bankrupt within 30 dayswww.arenaev.comboem@lemmy.worldcake to Technology@lemmy.worldEnglish · 2 months agomessage-square41fedilink
minus-squarePriorityMotif@lemmy.worldlinkfedilinkEnglisharrow-up1·2 months agoRivian has been doing layoffs at their BloNo plant recently. I’m not sure if it’s just like everyone else in the tech sector or if demand is down.
minus-squareShepherdPie@midwest.sociallinkfedilinkEnglisharrow-up8·2 months agoDemand is down because these vehicles are pushing $100k and interest rates on car loans are 7-8%. They did recently announce some new, cheaper models in the near future so it may turn around for them.
Rivian has been doing layoffs at their BloNo plant recently. I’m not sure if it’s just like everyone else in the tech sector or if demand is down.
Demand is down because these vehicles are pushing $100k and interest rates on car loans are 7-8%. They did recently announce some new, cheaper models in the near future so it may turn around for them.