investing.com/news/stock-market-news/ford-sells-shares-in-ev-maker-rivian-for-1882-million-2824766
Ford Motor (NYSE:F) Co sold 7 million shares of electric carmaker Rivian Automotive Inc for about $188.2 million. Ford now holds 86.9 million shares in the California-headquartered company. Rivian is struggling in a competitive market, including competition from Ford's F-150 Lightning electric pickup truck.
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