Read Tesla’s Lawsuit against Rivian

While everyone was distracted by Tesla’s Q2 results, a surprising little piece of news slipped out: Tesla is suing Rivian, as of the 17th of July. Rivian is one of the most promising EV startups with products that seem very compelling, so it’s disappointing to see Tesla suing them. It certainly doesn’t fit perfectly with […]

Rivian Completes $1.3 Billion Equity Round: Fourth Raise in 2019

Rivian today announced a $1.3 billion fundraising round led by T. Rowe Price, with participation from existing investors including Amazon and Ford: It was the fourth investment in Rivian this year and the company’s largest funding round so far. Amazon and Ford Motor, which were already Rivian investors, also took part in the latest round. […]