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Posted by Redaktion
 - February 12, 2022, 21:00:29
An investment vehicle of the billionaire George Soros has staked US$2 billion in Rivian Automotive, the maker of the R1T electric pickup truck and the R1S midsize electric SUV. The R1T production delays, however, have sent Rivian's share price down 43% in 2022 alone, and the Soros Fund Management stake is now worth just $1.17 billion.

https://www.notebookcheck.net/George-Soros-bets-big-on-Rivian-by-investing-US-2-billion-in-the-electric-truck-maker.599217.0.html