text:  or battery-powered vehicles. They should just go with the hybrids. EV maker Tesla announced last month it would cut at least 10% of its workforce, while Rivian has had multiple instances where they laid them all off. Well, not all of them, but a lot. The lucid cuts come several weeks after the company revealed a wider-than-expected loss last year. They're all taking a bath. They're all getting slapped.