Ford Motor Company has sold a majority of its Rivian shares, according to regulatory filings. Ford’s stake in the electric vehicle maker, which has been dropping steadily since May 2022, is now at 1.15%, or 10.5 million shares. The sell comes a week after Ford reported a $7.3 billion write-down on its Rivian investment last […]
Ford sells majority stake in Rivian after reporting $7.3B write-down by Rebecca Bellan originally published on TechCrunch...