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Rivian leads the auto industry in serious safety violations, despite having just one factory

Since the start of last year, EV maker Rivian has received 16 OSHA citations for serious violations.

None of Rivian’s much larger rivals, like Toyota, Honda, Ford, and GM, received more than 10 citations in that time — despite Rivian only having one US factory.

According to reporting by Bloomberg, workers at Rivian’s Illinois plant have sustained major injuries, including cracked skulls, bone fractures, and amputated fingers. One employee told the publication she’d painted vehicles without a respirator and vomited a Rivian blue color. The factory has become a target for the 370,000-member United Auto Workers union.

The safety incidents are a bad look for Rivian, which is reportedly planning to grow its head count before 2026. Earlier this month, the maker of $100,000 electric pickups slashed its annual production forecast by 10,000 vehicles to around 49,000. The company delivered 10,000 vehicles last quarter, 35% fewer than it did in the same quarter a year ago.

According to reporting by Bloomberg, workers at Rivian’s Illinois plant have sustained major injuries, including cracked skulls, bone fractures, and amputated fingers. One employee told the publication she’d painted vehicles without a respirator and vomited a Rivian blue color. The factory has become a target for the 370,000-member United Auto Workers union.

The safety incidents are a bad look for Rivian, which is reportedly planning to grow its head count before 2026. Earlier this month, the maker of $100,000 electric pickups slashed its annual production forecast by 10,000 vehicles to around 49,000. The company delivered 10,000 vehicles last quarter, 35% fewer than it did in the same quarter a year ago.

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eBay stock slumps on gloomy Q4 outlook despite solid Q3 earnings

Shares of eBay fell as much as 10.5% in premarket trading on Thursday morning after the company gave a lower-than-expected profit forecast for the important holiday shopping season.

The e-commerce giant reported solid numbers for the third quarter on Wednesday, with revenue up 9% as reported to $2.8 billion and gross merchandise volume rising 10% to $20.1 billion, topping the average analyst forecast of $19.4 billion, per Bloomberg.

However, concerns about the future somewhat overshadowed these results.

eBay outlined its profit outlook for the period ending in December to $1.31 to $1.36 a share, with revenue at $2.83 billion to $2.89 billion. According to Bloomberg-compiled data, this broadly matches Wall Street’s estimates for the top line, but misses on the bottom line, with analysts forecasting EPS to come in at $1.39 — suggesting the company expects some further margin pressure.

The company has been facing macroeconomic challenges since the US ended the de minimis tariff exemption in late August, with the online marketplace reliant on shipments. One small silver lining? CFO Peggy Alford highlighted a “less durable trend” on a post-earnings call: that as commodity prices for precious metals boomed, demand for bullion and collectible coins on eBay spiked.

However, concerns about the future somewhat overshadowed these results.

eBay outlined its profit outlook for the period ending in December to $1.31 to $1.36 a share, with revenue at $2.83 billion to $2.89 billion. According to Bloomberg-compiled data, this broadly matches Wall Street’s estimates for the top line, but misses on the bottom line, with analysts forecasting EPS to come in at $1.39 — suggesting the company expects some further margin pressure.

The company has been facing macroeconomic challenges since the US ended the de minimis tariff exemption in late August, with the online marketplace reliant on shipments. One small silver lining? CFO Peggy Alford highlighted a “less durable trend” on a post-earnings call: that as commodity prices for precious metals boomed, demand for bullion and collectible coins on eBay spiked.

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