
Big Banks Kickoff Quarterly Earnings Period
Bloomberg Businessweek
00:00
Tesla Stock Performance and Rivian's Challenges
The chapter delves into Tesla's stock performance post-UBS downgrade while highlighting Rivian's struggles in profitability and competition in the electric vehicle market. It discusses Volkswagen's surprise $5 billion investment in Rivian, emphasizing Rivian's efforts to become profitable and successful in the industry despite facing setbacks and production challenges.
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