Ford offloads $188.2m in additional Rivian shares

Teslarati
By Joey KlenderMay 14, 2022, 11:51 am186 pts
Ford Motor Co. sold $188.2 million additional shares of electric vehicle company Rivian on Friday after already selling $214 million shares earlier this week. Filings with the SEC on Friday reveal Ford sold around 7 million shares of Rivian, which has struggled to gain momentum in the electric vehicle market…

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