Rivian, perhaps the Tesla of trucks, lands $700 million Amazon-led investment as it powers up in Normal

Cathie Wood-led Ark Investment Management bought 49,755 shares, worth about $34.55 million, in Tesla Inc (NASDAQ: TSLA) on Wednesday as the stock dipped in the aftermath of the electric vehicle maker reporting earnings for the first quarter. read more.....»»

In February, Elon Musk's automaker announced that it had bought $1.5 billion worth o.....»»

Rivian, the startup electric vehicle maker whose inaugural truck, SUV and Amazon delivery van have captured the auto world’s attention, is launching production in June and plans to employ 2,500 at its plant in downstate Normal by the end of the.....»»

Rivian, the startup electric vehicle maker whose inaugural truck, SUV and Amazon.....»»

Amazon.com Inc (NASDAQ: AMZN)- and Ford Motor Co (NYSE: F)-backed electric vehicle startup Rivian on Thursday announced its own in-house insurance program for customers as it speeds closer to the launch of its firs read more.....»»

San Antonio City Council agreed to wave some property taxes in exchange for the creation of dozens of jobs and a multi-million dollar investment by a company reportedly in the Tesla supply chain......»»

Built-in kitchens, removable roofs, and bulletproofing? When it comes to EV pi.....»»

Disruption in the auto sector remains an investment theme for Baron, as evidenced by new investments the fund manager has made over the past year. CNBC TV A fund managed by billionaire investor Ron Baron trimm.....»»

While just about every financial planner out there continues to espouse the "diversify" mantra, Jason DeBolt, a former Google and current Amazon employee, has taken a decidedly different approach......»»

The Tesla Inc (NASDAQ: TSLA) Cybertruck is one of the most hotly anticipated vehicles in recent memory. read more.....»»

For most of 2020, investors poured money into names like Amazon, Tesla, and Shopify — “growth” stocks that kept indexes afloat in a turbulent year that hammered share prices across the board......»»

Amazon.com, Inc (NASDAQ: AMZN)-backed Rivian Automotive Inc may go public as early as September, Bloomberg reported read more.....»»

After buying an Amazon distribution center in Antioch last year, a New Jersey-based investment firm has snagged five more buildings in the area......»»

A local company’s plan to fly passengers to space on a balloon are on track to get up, up and away.  Space Perspective Inc. has closed a $7 million seed investment round to fund early flights of its Spaceship Neptune, a space balloon capab.....»»

Rivian announced another $2.65 billion in funding as the Illinois-built electric truck startup gears up for its June launch.Rivian announced another $2.65 billion in funding as the Illinois-built electric truck startup gears up for its June launch......»»

Shares of Amazon.com Inc. rallied jumped 3.6% in morning trading Monday, after the e-commerce and cloud giant said it was hiring 75,000 more employees, in addition to the 100,000 it alread.....»»

Reuters There are currently seven electric pickup trucks o.....»»

Dallas-based StackPath has raised a new round that brings its investment total to nearly $400 million as it lands two strategic investors. The company that provides the next generation of computing power – via the “edge” – has raised a Seri.....»»

The banking titan's investment arm bought more than 2 million shares in Elon Musk's electric-car startup before its stock price skyrocketed......»»

Good day, European supply chain visibility platform Shippeo has snared $22 million in a Series B funding round co-led by NGP Capital and ETF Partners. Bpifrance Digital Ventures and Partech also .....»»