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Rivian Lost $6.8 Billion Last Year as Production Fell Short
Posted inCompany Reports Electric and Hybrid Vehicles Factories and Manufacturing Production Rivian Automotive LLC Scaringe, R J Sports Utility Vehicles and Light Trucks Supply Chain

Rivian Lost $6.8 Billion Last Year as Production Fell Short

The maker of electric trucks said it expected to double production in 2023 as the supply of parts became more reliable.
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Posted by By Neal E. Boudette
Berkshire Hathaway Reports Major Investment Losses in 2022
Posted inBerkshire Hathaway Inc Buffett, Warren E Company Reports Letters Stock Buybacks Stocks and Bonds Taxation

Berkshire Hathaway Reports Major Investment Losses in 2022

After a $22.8 billion loss, Warren Buffett called the figure “100 percent misleading” and urged shareholders to focus on his empire’s overall health.
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Posted by By Michael J. de la Merced
Lucid Motors Steps Up Production as Supply Chain Problems Ease
Posted inCompany Reports Electric and Hybrid Vehicles Lucid Motors Inc Production Rawlinson, Peter (Automotive Executive) Stocks and Bonds Supply Chain

Lucid Motors Steps Up Production as Supply Chain Problems Ease

The maker of electric luxury sedans said it made more than 7,000 cars in 2022, achieving a scaled-down target.
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Posted by By Jack Ewing
Walmart Warns That Shoppers Are Feeling the Squeeze of Higher Prices
Posted inCompany Reports Home Depot Inc Inflation (Economics) Shopping and Retail Walmart Stores Inc

Walmart Warns That Shoppers Are Feeling the Squeeze of Higher Prices

The retail giant reported strong results for the holiday shopping season, but said that the coming year would be tougher.
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Posted by By Isabella Simonetti

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