Rivian

Rivian Automotive Inc has been slapped with a lawsuit by a former employee for toxic work culture, Bloomberg News reported Thursday, citing the lawsuit shared by the executive’s attorneys. What Happened:  Laura Schwab, who was vice president of sales and marketing at Rivian, has...

A fintech company that went public with a Chamath Palihapitiya SPAC is offering early access to one of 2021’s highest anticipated initial public offerings. What Happened: Electric vehicle company Rivian is nearing its IPO where it will sell shares in the range of $57 to $62. The company...

Rivian Automotive Inc, an electric vehicle manufacturer backed by Amazon.com, Inc (NASDAQ: AMZN) and Ford Motor Co (NYSE: F), is looking to raise about $8.4 billion in an initial public offering. What Happened: Rivian plans to sell up to 135 million shares in the range of $...

Automotive company Ford Motor (NYSE: F) saw shares jump in the after hours trading session Wednesday after reporting third-quarter financial results. Here are the key details for investors. What Happened: Ford reported third-quarter revenue of $35.7 billion, down 5% year-over-year. The figure came...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk on Thursday took a shot at the valuations of rivals Rivian Automotive Inc. and Lucid Air Inc (NASDAQ: LCID). What Happened: Musk was responding to a tweet that compared the delivery numbers and the valuations of Tesla when it went public to...

Ford Motor Co (NYSE: F) has vacated its seat on the board of electric vehicle startup Rivian Automotive Inc ahead of the latter's initial public offering, Bloomberg News reported on Wednesday. What Happened: Ford Vice President of Corporate Development Doug Power vacated the seat on ...

The annual Forbes 400 list highlights the people in the United States who have a net worth of $2.9 billion or more. The 40th annual list showed a range of ages 29 to 95 in 2021. Here is a look at the oldest and youngest people on the list and what makes their fortunes. The Forbes 400 List: The...

Rivian Automotive Inc investor Soros Fund Management LLC hopes the Amazon.com Inc (NASDAQ: AMZN)-backed electric automaker seeks a valuation lower than the expected $80 billion when pricing its initial public offering, Bloomberg News reported on Tuesday, citing the investment firm's...

The Tesla Inc (NASDAQ: TSLA) Cybertruck is one of the most hotly anticipated electric pickups coming to market. And although deliveries have been delayed until 2022, there is still not much competition available for Tesla's uniquely designed vehicle. Now new videos shared on...

Tesla Inc (NASDAQ: TSLA) has again raised the employee poaching issue with electric truck and SUV maker Rivian Automotive Inc.  What Happened: According to Bloomberg, Rivian hasn't stopped raiding Tesla's staff and stealing highly sensitive proprietary battery technology.  Last...

Rivian Automotive Inc, the electric pickup truck manufacturer backed by Amazon.com, Inc. (NASDAQ: AMZN) and Ford Motor Company (NYSE: F), reported a net loss of almost $1 billion in the first half of the year.  In its filing with the U.S. Securities Exchange Commission (SEC), the company said...

Electric vehicle company Rivian is set to have a big year with a highly anticipated public offering and the rollout of its Rivian R1T, the first electric pickup truck to market in the U.S. Here are two ways Rivian is setting itself up for success in a highly competitive field. 1. Approval In...

Until this month, the U.S. had only one all-electric automaker, the all-mighty Tesla Inc (NASDAQ: TSLA).  Last week, Rivian Automotive Inc. rolled its first pickup truck for regular customers off its assembly line in its Normal, Illinois plant with first deliveries just around the corner....

Amazon.com Inc (NASDAQ: AMZN) and Ford Motor Co (NYSE: F) backed electric vehicle maker Rivian has filed for a patent with the U.S. Patent and Trademark office for a sliding door for a minivan-styled vehicle. What Happened: The sliding-door patent was filed in May last year and the...

Electric vehicle maker Rivian, which is backed by Amazon (NASDAQ: AMZN), Ford (NYSE: F), and T. Rowe Price, is looking to raise between $5 billion and $8 billion in an initial public offering, Reuters is reporting. The company filed last month confidentially with the Securities and Exchange...