Ford Gets Rid of Rivian
Ford continues to decrease equity stake in Rivian over the past quarter.
Ford sold 3.8 million shares of Rivian in the fourth quarter. In all of 2022, the company, which initially held 101.9 million Rivian shares, or 12% of the capital, sold 91 million Rivian shares, according to regulatory filings. Ford now owns only 11 million Rivian shares.
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🌊 Ocean One #0469 | Night Drive | Black Abyss Plus | 22” F3b SlipStreams
Now that Ford is out, I might make a deposit…
Will I get my Fisker One delivered before my VW needs its 100K service?? The race is on..
and…… will we still get the $7500 tax credit? Only HF knows…