12/05/2022
https://www.channelnewsasia.com/business/ford-sells-shares-ev-maker-rivian-us214-million-2677106
Ford Motor sold 8 million shares of electric carmaker Rivian Automotive Inc for US$214 million, or US$26.80 apiece, the US automaker said in a filing on Tuesday (May 10). Ford now holds 93.9 million shares in the California-headquartered company. Rivian's shares opened at a record low on Mon