DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!Rivian Layoffs: EV Tax Credit Crunch Hits Hard
Rivian Layoffs: EV Tax Credit Crunch Hits Hard

Rivian Layoffs: EV Tax Credit Crunch Hits Hard

Update: 2025-09-08
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Rivian just laid off 200 employees as expiring tax credits threaten to stall the electric vehicle boom. Facing rising costs and increased competition, can Rivian's new, cheaper R2 SUV save the company from a billion-dollar loss and a tough road ahead?

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Rivian Layoffs: EV Tax Credit Crunch Hits Hard

Rivian Layoffs: EV Tax Credit Crunch Hits Hard