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Monday, March 13, 2023

Talk Of The Day — March 13, 2023

Rivian, Amazon: in talks to end “exclusivity” agreement. The big question: who initiated the talks? Answer here. Rivian not happy with Amazon’s “small” order. Amazon must be less than thrilled with what what they’ve seen so far.

  • Amazon agreed to buy 100,000 vehicles through 2030;
  • Amazon has agreed to only 10,000 vehicles to date;
  • Amazon says it is still on track.

Willow: Biden approves project. The devil is in the details. Environmental lawyers lining up. COP is tracked here. Story here.

AMAT: announces $10-billion buyback program, hikes dividend from 26 cents to 32 cents, a 23% hike. Payable June 15, 2023, to shareholders of record, May 25, 2023.

EVs today:

  • Lordstown (RIDE): down another 6.1% today.
  • Nikola: up 5%.
  • ARVL: down a whopping 14%.
  • LCID: down 1.7%.
  • RIVN: down 3%.
  • FSR: up 1%.
  • F: down 0.8%.

A new community blog. Link here.

Oscars:

  • Apple won one Oscar. One site said Apple won no Oscars last night; MacRumors said Apple received one Oscar.

Reading:

  • the first "adult" book I recall reading, Quo Vadis
  • read in eighth grade
  • made into a movie the year I was born
  • the movie is now playing on TCM
  • Elizabeth Taylor and Sophia Loren, it is said, were extras in the film

TCM

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