Electric vehicle company Rivian has reported a significant loss of $1.45 billion amid ongoing efforts to cut costs. The company has been implementing measures to reduce expenses as it navigates through a challenging financial period. Despite the losses, Rivian remains focused on delivering innovative and sustainable transportation solutions. Click to Claim Latest Airdrop for FREE ...
Lucid Motors has reported a significant drop in its stock value following a Q1 loss. Despite this setback, the company has confirmed that its highly anticipated Gravity SUV is still on track for a late 2024 launch. Lucid Motors remains confident in its ability to deliver cutting-edge electric vehicles to the Market, despite the challenges ...
In a bold move shaking up the financial and crypto worlds, the Depository Trust & Clearing Corporation (DTCC) has announced a decision to impose a 100% haircut on cryptocurrency. This drastic measure signals a significant shift in how traditional financial institutions are responding to the digital currency Market. With this change, the DTCC is prioritizing ...
