
Rivian revised its 2025 goals, lowering vehicle delivery expectations and raising capital expenditure forecasts due to rising tariffs on auto parts. Despite reporting a Q1 gross profit of $206 million and reducing manufacturing costs, the company faces negative free cash flow and increasing market challenges.
#Rivian #EVIndustry #Tariffs #Profitability #CashFlow #ElectricVehicles #TECHi
Read Full Article Here :- https://www.techi.com/rivian-modifies-expectaions-supply-chain-difficulties-tariff-increase/
Tesla has issued a recall for over 200,000 vehicles due to a self-driving computer failure, impacting critical features like rear-view cameras and navigation.Tesla has announced a recall of more than 200,000 vehicles in the U.S. due to a failure in the self-driving computer system. #AutonomousDriving #electricvehicles #EVindustry #recall #safety #selfdriving #technology #Tesla