Volkswagen and Rivian Form Joint Venture, Deepening Alliance

Volkswagen and Rivian Form Joint Venture, Deepening Alliance

The new agreement builds on an earlier announcement in which the German automaker said it would invest up to $5 billion in Rivian, a maker of electric vehicles. The new venture brings them closer.
Tesla’s Stock Jumps After Trump’s Victory

Tesla’s Stock Jumps After Trump’s Victory

Investors believe that the electric car company led by Elon Musk will benefit from his support of the president-elect.