Ford just reported a $3.1 billion loss. Blame Rivian

In the days after its November IPO, electric truck maker Rivian was briefly one of the world’s most valuable automakers despite not yet having reported a single sale. But its stock has been sliding steadily since then, which just resulted in a big loss for…..Ford?

(SOURCE) https://www.cnn.com/2022/04/27/business/ford-loss-rivian/index.html

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