Rivian Automotive Inc., the Amazon.com Inc.-backed electric-pickup maker that is seeking to go public, expects to record a quarterly net loss of up to $1.28 billion due to costs associated with the start of production of its debut truck.

General Motors Co. is planning to revamp its supply chain as the pandemic-triggered chip shortage and rising demand for chip-intensive vehicles have demonstrated the need for an overhaul.

A proposal by U.S. House Democratic lawmakers to give union-made electric vehicles higher subsidies drew criticism from nonunionized automakers, including Toyota Motor Corp., Tesla Inc. and Rivian Automotive Inc.

Tesla CEO Elon Musk will host “Saturday Night Live” for the first time on May 8, NBC said.