Sunday, May 8, 2022

Ford Selling Some Rivian Shares -- May 8, 2022

On April 30, 2022, the headline:

There's Going To Be Some Soul-Searching / Come To Jesus Meetings This Next Week Over At Ford And Amazon 

Well, yesterday, we saw the results of those meetings. Ford is selling eight million shares of Rivian. In addition, another unnamed holder is selling between thirteen and fifteen million shares of Rivian.  

Amazon?

Rivian starting to look "attractive." -- The Motley Fool

Wait until “crowd trading” kicks in.

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Meanwhile In Kentucky

April 13, 2022: Louisville, KY

  • battery manufacturer, Envision AESC
  • Warren County, $2 billion
  • electricity for plant, all renewable, provided by TVA
September, 2021: Ford, EV battery manufacturing plant, Hardin County, $6 billion.

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