News Formal

Rivian's New Plan Is To Raise $1.3 Billion With 'Green Bonds' And The Market Didn't Like It | Carscoops

  • 📰 Carscoop
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Rivian's New Plan Is To Raise $1.3 Billion With 'Green Bonds' And The Market Didn't Like It | Carscoops carscoops

maker is doing everything it can think of to increase available cash, increase production, and get to profitability.Earlier in the year it announced that it would cut some six percent of its employees in an effort to save money. The first of those cuts happened only days ago. CEO RJ Scaringe specifically said that the company had to focus its efforts on ramping up production and its path to profitability.could help it be in a much better position a few years from now.

Notably, Rivian isn’t alone in leveraging bonds as a means of firming up its bottom line. Back in 2021,

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 306. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks making the biggest premarket moves: Meta, Rivian, WW International, KeyCorp and moreThese are the stocks posting the largest moves in the premarket.
Source: CNBC - 🏆 12. / 72 Read more »