Home Automobile Ford sees first-quarter revenue dragged decrease by Rivian stake, however maintains 2022 earnings steering

Ford sees first-quarter revenue dragged decrease by Rivian stake, however maintains 2022 earnings steering

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Ford sees first-quarter revenue dragged decrease by Rivian stake, however maintains 2022 earnings steering

Rivian inventory shed about 52% of its market cap in the course of the first quarter, bringing the worth of Ford’s stake down from $10.6 billion to $5.1 billion.

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