2min chapter

Bloomberg Technology cover image

Lyft's Slow Growth and Rivian's Capital

Bloomberg Technology

CHAPTER

The Politics of Climate Change

Akshathrati: Rivian shares down more than 8%, but off session loads, it's the biggest drop since March. They raised guidance to 52,000 units this year; that's only 2,000 more than they previously said. Even so, big focus on cost cuts and they're doing well compared to some of those other names out there in the EV space. He also sits down with GM President Mark Royce as General Motors unveils its first all electric Escalade IQ.

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