Bloomberg Businessweek cover image

Big Banks Kickoff Quarterly Earnings Period

Bloomberg Businessweek

CHAPTER

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.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner