VW Latches Onto Rivian in $5 Billion EV Pact to Regain Momentum

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg Technology Co-Host Ed Ludlow reports on Volkswagen plowing $5 billion into a partnership with Rivian Automotive. Bloomberg News Senior Reporter Tom Randall explains why Tesla is poised to lose its six-year EV market majority in the US. Josh Weinstein, CEO of Carnival Corp, talks about earnings and the latest cruise news. Bloomberg Businessweek Editor Brad Stone provides the details of the Businessweek Magazine cover story Bernard Arnault Explains How He Built LVMH Into a Luxury Empire. Lindsay Greene, CEO of Brooklyn Navy Yard, discusses creating a $25M health and beauty industry hub in Brooklyn for women and minority owned businesses. Bloomberg News Energy and Climate Disasters Reporter Josh Saul talks about how AI data center energy needs are straining global power systems.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.

See omnystudio.com/listener for privacy information.