Source: Sina Finance
According to people familiar with the matter, along with$Rivian Automotive (RIVN.US) $The post-IPO stock ban period ended on May 8.$Ford Motor (F.US) $It plans to sell its holdings of this title”$Tesla (TSLA.US) $8 million shares of the “killer” electric car company.
According to the source, Ford will be$Goldman Sachs (GS.US) $These shares were sold with the help of the group.
In March of this year, Rivian reported revenue of 54 million US dollars for the fourth quarter of last year, lower than market expectations. The company said it expects to produce 25,000 electric pickups and SUVs this year.
According to another report,$J.P. Morgan Chase (JPM.US) $It will also help an unknown seller sell 13 million to 15 million shares of Rivian.
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