- June 14, 2025
- 1 second ago
Amazon lost nearly $1 billion on its Rivian investment last week
An earlier version of this report incorrectly stated that Ford Motor still had a position in Rivian. A Ford spokesperson said the stake was sold roughly a year ago, but the sale didn’t need to be disclosed as the size was below the required disclosure threshold.
Shares of Rivian Automotive Inc. rose Monday, but only after it just suffered its worst week since going public, in the wake of the electric-vehicle maker’s disappointing earnings report.
