@boem@lemmy.world to Technology@lemmy.worldEnglish • 2 years agoFisker now expects to go bankrupt within 30 dayswww.arenaev.comexternal-linkmessage-square111fedilinkarrow-up1288arrow-down17
arrow-up1281arrow-down1external-linkFisker now expects to go bankrupt within 30 dayswww.arenaev.com@boem@lemmy.world to Technology@lemmy.worldEnglish • 2 years agomessage-square111fedilink
minus-square@PriorityMotif@lemmy.worldlinkfedilinkEnglish1•2 years 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-square@ShepherdPie@midwest.sociallinkfedilinkEnglish13•2 years 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.
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