Rivian’s stock surges 50% on $1 billion Volkswagen investment and joint-venture plan

Shares of Rivian Automotive Inc. skyrocketed after hours Tuesday after Volkswagen AG said it will invest $1 billion in the electric-vehicle maker, with plans to pour billions more if an EV-focused joint venture between the two companies gets off the ground.

Previous post White House adviser says Biden isn’t ‘permanently screwed’ by inflation anger. Here’s why.
Next post This scam artist was dubbed the ‘worst boyfriend’ in New York. Now he’s headed to prison.