On Their Rivian Stock Amazon, Ford Post Q2 Losses Of $3.9B, 2.4B

[{"selector":"#anim-ecfd3547-7bed-4fd9-af3a-a2f0599c0c18","keyframes":{"opacity":[0,1]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-15fc76a4-4330-4e9e-a4ef-43607833dc62","keyframes":{"transform":["translate3d(0px, 181.00868%, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f60c1f9a-1e87-4ed7-850c-51ca324d8757","keyframes":{"opacity":[0,1]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a3fd11c7-023b-42bf-b9f4-19ac07177a4b","keyframes":{"transform":["translate3d(-121.28027%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-494b45e3-4a71-4903-bede-d87381aa1372","keyframes":{"opacity":[0,1]},"delay":1500,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7f78cfa2-7971-4dd0-8ee5-c32004067d2d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Ford Motor Company and Amazon Motor Company lost $3.9 billion and $2.4 billion, respectively on their investments in Rivian Automotive. Photo by inside evs

[{"selector":"#anim-8108d50f-31f2-4bcb-9fba-726542f379d3","keyframes":{"opacity":[0,1]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-03138c48-0217-4ba1-a373-8dd38deb63b8","keyframes":{"transform":["translate3d(0px, 268.65491%, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-be0e8f05-9bfe-4f13-b0e9-367c6ca40005","keyframes":{"opacity":[0,1]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a248bc6f-72d4-4b9a-b18e-7229c34670b6","keyframes":{"transform":["translate3d(-121.28027%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b43fa82c-b4b9-418e-a5e4-b7ae03ac1382 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-43.72209811828866%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-3c908873-db39-42a7-9694-40545a3083b3","keyframes":{"opacity":[0,1]},"delay":1500,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] During the April-June period the online retailer lost money on its Rivian holdings for the second straight quarter. Photo by inside evs

[{"selector":"#anim-2b4f844d-cd7e-47d9-ae3d-4e2d8d46f4da","keyframes":{"opacity":[0,1]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6aa01640-db48-43f0-ae8e-e301c809798b","keyframes":{"transform":["translate3d(0px, 268.65491%, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-47b19351-9548-4159-9809-4b05010e67b1","keyframes":{"opacity":[0,1]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8c911aa7-5b45-4ade-8789-da12f85e9d52","keyframes":{"transform":["translate3d(-121.28027%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-24194a92-867c-48e9-8c97-cd45031ae4b8 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(56.529017761145816%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-b3c62eb2-620c-42df-9102-409e74f82d24","keyframes":{"opacity":[0,1]},"delay":1500,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] After the $3.9 billion markdown, Amazon has lost $11.5 billion on its Rivian stake for the first two quarters of 2022. Photo by inside evs

[{"selector":"#anim-0b25c886-7752-4a5b-b9b9-de4859b4fb7f","keyframes":{"opacity":[0,1]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-41623774-8944-4f5a-9bcb-264d591ac1a7","keyframes":{"transform":["translate3d(0px, 268.65491%, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bd3d82bb-1691-46ef-af4b-93f948481bdf","keyframes":{"opacity":[0,1]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ee7137d1-61b7-4a46-8606-ec0a797df25e","keyframes":{"transform":["translate3d(-121.28027%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-08edeef3-fd25-4458-915f-5f28c3db6937 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-55.273437404002955%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-961b343d-68ae-481a-922d-df4d4329350c","keyframes":{"opacity":[0,1]},"delay":1500,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] After Amazon's IPO in November 2021, Amazon's Rivian stake dropped from $27 billion to about $5 billion. Photo by inside evs

[{"selector":"#anim-e6cf4599-0e62-4e66-bd38-fee2a178a523","keyframes":{"opacity":[0,1]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-94f5b6b9-e20c-45d2-859e-efe5e2a536e5","keyframes":{"transform":["translate3d(0px, 268.65491%, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a8db5a47-376f-4a68-9e97-1c5b6734419a","keyframes":{"opacity":[0,1]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6b81a997-e847-4ea5-a68b-1fad1e55587f","keyframes":{"transform":["translate3d(-121.28027%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-be9f36ee-615e-49a8-94ac-f445a64e6976 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(43.34542401114582%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-bc3c7f5a-7dce-4b71-803b-9cee458ae6ce","keyframes":{"opacity":[0,1]},"delay":1500,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Approximately 18 percent of Rivian's common shares are owned by the tech and e-commerce giant. Photo by inside evs

[{"selector":"#anim-604c6aea-6076-42d1-bd28-22e89c3c77d7","keyframes":{"opacity":[0,1]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7e1c1087-069e-4875-8d3f-dba741c79e8f","keyframes":{"transform":["translate3d(0px, 216.29001%, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-97969e90-561e-4764-a953-f1a0951e6e5d","keyframes":{"opacity":[0,1]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bfc37fb5-0a5f-42fa-a00d-76983b15f9ed","keyframes":{"transform":["translate3d(-121.28027%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9ffe1eb2-faa5-49bc-96cf-771c3e104ebb [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-35.5608257968601%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-b31cc822-b10a-40b3-adc0-91d66610dcb8","keyframes":{"opacity":[0,1]},"delay":1500,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] The markdowns do not affect Amazon's operations. They simply reflect the massive market fluctuations since last year. Photo by inside evs

[{"selector":"#anim-a57f00a6-5479-4608-95a3-d4d79d885554","keyframes":{"opacity":[0,1]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c811645d-f85b-47ea-8f67-e233d29adb20","keyframes":{"transform":["translate3d(0px, 216.29001%, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-acc418ff-c20a-4a5c-ad54-f480594b3220","keyframes":{"opacity":[0,1]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c69bbfe7-b97d-4367-9584-0491ea46cedb","keyframes":{"transform":["translate3d(-121.28027%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f20c3e45-031b-4a7c-a741-ab880f26508a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(48.869977582574386%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-3ec7817e-f441-4f8c-940d-36f8aa59416a","keyframes":{"opacity":[0,1]},"delay":1500,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Amazon announced last week that it will begin rolling out some of the electric delivery vehicles co-developed with Rivian. Photo by inside evs

[{"selector":"#anim-57d8556c-33f3-4a92-bcb0-c244acb38eaf","keyframes":{"opacity":[0,1]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6388f6d6-7814-44e3-a096-c03b624a412f","keyframes":{"transform":["translate3d(0px, 268.65491%, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ec62902a-ae1b-40ee-b2ce-727adef79a3f","keyframes":{"opacity":[0,1]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f115cef2-3cce-41d0-8bef-cdb3a4cbe528","keyframes":{"transform":["translate3d(-121.28027%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4edd0c36-6d1f-4462-b32d-2d8356b5928b [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(59.919084725431524%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-a0110907-e6ea-454f-9a1e-05d8085566dc","keyframes":{"opacity":[0,1]},"delay":1500,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] The Ford Motor Company, which owns 9.7 percent of Rivian's common shares,took a $2.4 billion Photo by inside evs

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[{"selector":"#anim-bfdbfad9-3d42-4566-b9bc-5ddbabb1593f","keyframes":{"opacity":[0,1]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d296618b-e1b9-4a51-96e5-2fce272aec52","keyframes":{"transform":["translate3d(-114.59628%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6a4b1849-430c-41e2-9d94-61871693c7e4","keyframes":{"opacity":[0,1]},"delay":800,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3656b44b-a755-46d3-94a4-70610a6b9ae0","keyframes":{"transform":["translate3d(0px, 1318.95369%, 0)","translate3d(0px, 0px, 0)"]},"delay":800,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9fd0469c-d572-479c-9ab8-26edbc7f2c9b","keyframes":{"opacity":[0,1]},"delay":800,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a27f4695-94d7-478f-9f93-e5b15017e556","keyframes":{"transform":["translate3d(155.64102%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":800,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] By Electrekvs Thanks For Reading! Find Out More