Rivian (RIVN) released its third-quarter earnings results Wednesday after stock market close as the EV maker battles rising costs while it scales production. According to Rivian’s latest filing, the automaker missed Wall Street revenue expectations in Q3 but reaffirmed its 25,000 production goal for 2022. Rivian Q3 2022 earnings preview Yesterday, we released a preview
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Binance is backing out of its plans to acquire FTX, the company said Wednesday, leaving Sam Bankman-Fried’s crypto empire on the verge of collapse. The reversal comes one day after Binance CEO Changpeng Zhao announced that the world’s largest cryptocurrency firm had reached a non-binding deal to buy FTX’s non-U.S. businesses for an undisclosed amount, rescuing the
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Joe Biden has described the midterm results so far as a “good day for democracy” and a “good day for America”. Speaking at the White House on Tuesday afternoon, the president said the results, although still unclear, represent a “clear and unmistakable message to preserve our democracy”. “The American people have spoken and shown that
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Rishi Sunak has said it is “absolutely right” that Sir Gavin Williamson resigned and admitted he has “regret” over appointing him as a cabinet minister in light of the allegations he is facing. The prime minister insisted he “did not know about any of the specific concerns” relating to Sir Gavin’s alleged “unacceptable” behaviour in
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Kawasaki took to the EICMA Milan Motorcycle Show to unveil a trio of electric motorcycles, with Electrek front and center to see the action live. The Kawasaki Ninja EV and Kawasaki Z EV were revealed as traditional battery electric motorcycles, while the company also unveiled an HEV hydrogen-powered concept motorcycle. I’ll spare you the uninspired
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A lithium-ion battery photographed at a Volkswagen facility in Germany. Lithium-ion batteries are crucial components in electric vehicles. Jan Woitas | Picture Alliance | Getty Images LONDON — A facility described as the U.K.’s “first large-scale lithium refinery” will be located in the north of England, with those behind the project hoping its output will
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Former US president Donald Trump played in a golf tournament on one of his several golf clubs. At one point he can be heard mocking Joe Biden. #Trump #Biden #President #golf #usa SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram:
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