Rivian Faces Another Key Exec Resignation

After a yr of powerful losses together with the shrinking of of its market cap, Rivian’s  (RIVN) – Get Free Report future seems to be difficult.

Jim Chen, Rivian’s chief lobbyist who labored on state legal guidelines to get lawmakers to undertake direct-to-consumer gross sales by automobile producers, is leaving the electrical car startup, the newest in a string of exits, in response to the Wall Street Journal.

Several different senior stage executives have additionally resigned up to now few months, together with Rivian’s head of provide chain and basic counsel.