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Rivian Lays Off 10% Of Workforce As Lucid Production Underwhelms. Elon Musk Expects Bankruptcies.

Rivian Lays Off 10% Of Workforce As Lucid Production Underwhelms. Elon Musk Expects Bankruptcies.

Rivian plummeted early Thursday after reporting Q4 earnings and revenue Wednesday. Elon Musk says its trajectory is toward bankruptcy.