Lucid Group (LCID) call put ratio 2.7 calls to 1 put amid sharp movement
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Rivian (RIVN) to cut jobs by 6% amidst price war
February 1, 2023 11:56 AM ESTReuters reports in an exclusive story Wednesday that Rivian Automotive (NASDAQ: RIVN) is laying off 6% of its workforce in an effort to cut costs. The American EV maker, already grappling with falling cash reserves and a weak economy, is now bracing for what may be an industry-wide price war.
The falling EV prices were kicked off by cuts made recently by Elon Musk-led Tesla and Ford... More
Lucid (LCID) up on SAPIF takeover speculation
January 30, 2023 8:14 AM ESTShares of Lucid Group (Nasdaq: LCID) jumped as much as 98% intraday on Friday before settling up 43% following a Bloomberg report that highlighted speculation by Betaville that Saudi Arabias Public Investment Fund (SAPIF) was in talks to take the electric vehicle company private.
Bank... More
