How Elon Musk Cuts Costs at Tesla, SpaceX and X
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How Elon Musk Cuts Costs at Tesla, SpaceX and X

Mr. Musk dug into his companies’ budgets, preferring to cut too much rather than too little and to deal with the fallout later. Under Donald Trump, he is set to apply those tactics to the U.S. government.
Volkswagen and Rivian Form Joint Venture, Deepening Alliance
Posted inAutomobiles Blume, Oliver (1968- ) China Computers and the Internet Electric and Hybrid Vehicles Europe Factories and Manufacturing Germany Mergers, Acquisitions and Divestitures Prices (Fares, Fees and Rates) Production Rivian Automotive LLC Software Sports Utility Vehicles and Light Trucks Stocks and Bonds United States Volkswagen AG

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.