Ford Further Downsizes Rivian Stake

38
Comment
Favorite

Ford Further Downsizes Rivian Stake

Seeking Alpha2023-02-10

Ford Motor (NYSE: F) has lowered its interest further in struggling EV manufacturer Rivian (NASDAQ: RIVN) according to the latter's latest regulatory filing.Rivian disclosed Ford now has a 1.15% stake...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

吉慶
·2023-02-10
It's not easy to grab a share in EV market. Buy when it's low.
Reply
3
Report
壮志高飞
·2023-02-10
Im still shorting Rivian since around the peak of last year
Reply
2
Report
Fadzli13
·2023-02-10
Hopefully this Brings benefits to Ford.
Reply
2
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1117826893?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-02-10 19:23","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1117826893","market":"us","top_or_hot":-1,"title":"Ford Further Downsizes Rivian Stake","media":"Seeking Alpha","content":"<div>\n<p>Ford Motor (NYSE: F) has lowered its interest further in struggling EV manufacturer Rivian (NASDAQ: RIVN) according to the latter's latest regulatory filing.Rivian disclosed Ford now has a 1.15% stake...</p>\n\n<a href=\"https://seekingalpha.com/news/3934686-ford-further-downsizes-rivian-stake\">Source Link</a>\n\n</div>\n","source":"seekingalpha_fund","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ford Further Downsizes Rivian Stake</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFord Further Downsizes Rivian Stake\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-10 19:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3934686-ford-further-downsizes-rivian-stake><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ford Motor (NYSE: F) has lowered its interest further in struggling EV manufacturer Rivian (NASDAQ: RIVN) according to the latter's latest regulatory filing.Rivian disclosed Ford now has a 1.15% stake...</p>\n\n<a href=\"https://seekingalpha.com/news/3934686-ford-further-downsizes-rivian-stake\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RIVN","symbol_name":"Rivian Automotive, Inc.","start_time":0,"source_url":"https://seekingalpha.com/news/3934686-ford-further-downsizes-rivian-stake","article_id":"1117826893","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1117826893","pubTimestamp":1676028181,"sourceInfo":{"source_id":"seekingalpha_fund","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Ford Motor (NYSE: F) has lowered its interest further in struggling EV manufacturer Rivian (NASDAQ: ","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"RIVN":"Rivian Automotive, Inc.","F":"福特汽车"},"translate_title":"福特进一步减持Rivian股份","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"F":0.9,"RIVN":0.9},"content_text":"Ford Motor (NYSE: F) has lowered its interest further in struggling EV manufacturer Rivian (NASDAQ: RIVN) according to the latter's latest regulatory filing.Rivian disclosed Ford now has a 1.15% stake in the company with ownership of around 10.5M shares. Ford held 86.9M shares worth a 9.49% stake in Rivian near the end of last year.Ford (F) has been driving down its stake in the EV automaker amid mounting losses. In 2022 it recorded a$7.4B mark-to-market net loss on its Rivian (RIVN), accounting for most of the $12.2B in pre-tax special item charges.In an earnings call following its Q4 results, Ford's (F) CFO John Lawler said \"the monetization of our Rivian stake [...] is now nearly complete.\"Rivian (RIVN) shares have fallen nearly-70% in the past 12 months, and at the start of February, a Reuters report suggested the company is reducing its headcount by 6%. Amid price cuts across the EV space, the path to profitability for the money-losing manufacturer has become increasingly uncertain.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[{"id":9954343196,"gmtCreate":1676030727116,"gmtModify":1676030732481,"author":{"id":"4115816057337392","authorId":"4115816057337392","name":"吉慶","avatar":"https://community-static.tradeup.com/news/738daceb8088f8f40462fe504a021532","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":3,"crmLevelSwitch":0},"htmlText":"It's not easy to grab a share in EV market. Buy when it's low.","listText":"It's not easy to grab a share in EV market. Buy when it's low.","text":"It's not easy to grab a share in EV market. Buy when it's low.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954343196","repostId":1117826893,"repostType":4,"repost":{"id":"1117826893","pubTimestamp":1676028181,"share":"https://www.laohu8.com/m/news/1117826893?lang=&edition=full","pubTime":"2023-02-10 19:23","market":"us","language":"en","title":"Ford Further Downsizes Rivian Stake","url":"https://stock-news.laohu8.com/highlight/detail?id=1117826893","media":"Seeking Alpha","summary":"Ford Motor (NYSE: F) has lowered its interest further in struggling EV manufacturer Rivian (NASDAQ: ","content":"<html><head></head><body><p>Ford Motor (NYSE: F) has lowered its interest further in struggling EV manufacturer Rivian (NASDAQ: RIVN) according to the latter&#39;s latest regulatory filing.</p><p>Rivian disclosed Ford now has a 1.15% stake in the company with ownership of around 10.5M shares. Ford held 86.9M shares worth a 9.49% stake in Rivian near the end of last year.</p><p>Ford (F) has been driving down its stake in the EV automaker amid mounting losses. In 2022 it recorded a$7.4B mark-to-market net loss on its Rivian (RIVN), accounting for most of the $12.2B in pre-tax special item charges.</p><p>In an earnings call following its Q4 results, Ford&#39;s (F) CFO John Lawler said &#34;the monetization of our Rivian stake [...] is now nearly complete.&#34;</p><p>Rivian (RIVN) shares have fallen nearly-70% in the past 12 months, and at the start of February, a Reuters report suggested the company is reducing its headcount by 6%. Amid price cuts across the EV space, the path to profitability for the money-losing manufacturer has become increasingly uncertain.</p></body></html>","source":"seekingalpha_fund","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ford Further Downsizes Rivian Stake</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFord Further Downsizes Rivian Stake\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-10 19:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3934686-ford-further-downsizes-rivian-stake><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ford Motor (NYSE: F) has lowered its interest further in struggling EV manufacturer Rivian (NASDAQ: RIVN) according to the latter's latest regulatory filing.Rivian disclosed Ford now has a 1.15% stake...</p>\n\n<a href=\"https://seekingalpha.com/news/3934686-ford-further-downsizes-rivian-stake\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"F":"福特汽车","RIVN":"Rivian Automotive, Inc."},"source_url":"https://seekingalpha.com/news/3934686-ford-further-downsizes-rivian-stake","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117826893","content_text":"Ford Motor (NYSE: F) has lowered its interest further in struggling EV manufacturer Rivian (NASDAQ: RIVN) according to the latter's latest regulatory filing.Rivian disclosed Ford now has a 1.15% stake in the company with ownership of around 10.5M shares. Ford held 86.9M shares worth a 9.49% stake in Rivian near the end of last year.Ford (F) has been driving down its stake in the EV automaker amid mounting losses. In 2022 it recorded a$7.4B mark-to-market net loss on its Rivian (RIVN), accounting for most of the $12.2B in pre-tax special item charges.In an earnings call following its Q4 results, Ford's (F) CFO John Lawler said \"the monetization of our Rivian stake [...] is now nearly complete.\"Rivian (RIVN) shares have fallen nearly-70% in the past 12 months, and at the start of February, a Reuters report suggested the company is reducing its headcount by 6%. Amid price cuts across the EV space, the path to profitability for the money-losing manufacturer has become increasingly uncertain.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9954349262,"gmtCreate":1676029619756,"gmtModify":1676029624026,"author":{"id":"3554819591940598","authorId":"3554819591940598","name":"壮志高飞","avatar":"https://static.tigerbbs.com/d49448839db6ec13a56ec95df9761db9","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":7,"crmLevelSwitch":1},"htmlText":"Im still shorting Rivian since around the peak of last year","listText":"Im still shorting Rivian since around the peak of last year","text":"Im still shorting Rivian since around the peak of last year","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954349262","repostId":1117826893,"repostType":2,"repost":{"id":"1117826893","pubTimestamp":1676028181,"share":"https://www.laohu8.com/m/news/1117826893?lang=&edition=full","pubTime":"2023-02-10 19:23","market":"us","language":"en","title":"Ford Further Downsizes Rivian Stake","url":"https://stock-news.laohu8.com/highlight/detail?id=1117826893","media":"Seeking Alpha","summary":"Ford Motor (NYSE: F) has lowered its interest further in struggling EV manufacturer Rivian (NASDAQ: ","content":"<html><head></head><body><p>Ford Motor (NYSE: F) has lowered its interest further in struggling EV manufacturer Rivian (NASDAQ: RIVN) according to the latter&#39;s latest regulatory filing.</p><p>Rivian disclosed Ford now has a 1.15% stake in the company with ownership of around 10.5M shares. Ford held 86.9M shares worth a 9.49% stake in Rivian near the end of last year.</p><p>Ford (F) has been driving down its stake in the EV automaker amid mounting losses. In 2022 it recorded a$7.4B mark-to-market net loss on its Rivian (RIVN), accounting for most of the $12.2B in pre-tax special item charges.</p><p>In an earnings call following its Q4 results, Ford&#39;s (F) CFO John Lawler said &#34;the monetization of our Rivian stake [...] is now nearly complete.&#34;</p><p>Rivian (RIVN) shares have fallen nearly-70% in the past 12 months, and at the start of February, a Reuters report suggested the company is reducing its headcount by 6%. Amid price cuts across the EV space, the path to profitability for the money-losing manufacturer has become increasingly uncertain.</p></body></html>","source":"seekingalpha_fund","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ford Further Downsizes Rivian Stake</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFord Further Downsizes Rivian Stake\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-10 19:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3934686-ford-further-downsizes-rivian-stake><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ford Motor (NYSE: F) has lowered its interest further in struggling EV manufacturer Rivian (NASDAQ: RIVN) according to the latter's latest regulatory filing.Rivian disclosed Ford now has a 1.15% stake...</p>\n\n<a href=\"https://seekingalpha.com/news/3934686-ford-further-downsizes-rivian-stake\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"F":"福特汽车","RIVN":"Rivian Automotive, Inc."},"source_url":"https://seekingalpha.com/news/3934686-ford-further-downsizes-rivian-stake","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117826893","content_text":"Ford Motor (NYSE: F) has lowered its interest further in struggling EV manufacturer Rivian (NASDAQ: RIVN) according to the latter's latest regulatory filing.Rivian disclosed Ford now has a 1.15% stake in the company with ownership of around 10.5M shares. Ford held 86.9M shares worth a 9.49% stake in Rivian near the end of last year.Ford (F) has been driving down its stake in the EV automaker amid mounting losses. In 2022 it recorded a$7.4B mark-to-market net loss on its Rivian (RIVN), accounting for most of the $12.2B in pre-tax special item charges.In an earnings call following its Q4 results, Ford's (F) CFO John Lawler said \"the monetization of our Rivian stake [...] is now nearly complete.\"Rivian (RIVN) shares have fallen nearly-70% in the past 12 months, and at the start of February, a Reuters report suggested the company is reducing its headcount by 6%. Amid price cuts across the EV space, the path to profitability for the money-losing manufacturer has become increasingly uncertain.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9954349697,"gmtCreate":1676029536319,"gmtModify":1676029539909,"author":{"id":"4096599098888750","authorId":"4096599098888750","name":"Fadzli13","avatar":"https://community-static.tradeup.com/news/15e467ec92dd53b5422e77e7a427c1bf","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":3,"crmLevelSwitch":1},"htmlText":"Hopefully this Brings benefits to Ford.&nbsp;","listText":"Hopefully this Brings benefits to Ford.&nbsp;","text":"Hopefully this Brings benefits to Ford.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954349697","repostId":1117826893,"repostType":4,"repost":{"id":"1117826893","pubTimestamp":1676028181,"share":"https://www.laohu8.com/m/news/1117826893?lang=&edition=full","pubTime":"2023-02-10 19:23","market":"us","language":"en","title":"Ford Further Downsizes Rivian Stake","url":"https://stock-news.laohu8.com/highlight/detail?id=1117826893","media":"Seeking Alpha","summary":"Ford Motor (NYSE: F) has lowered its interest further in struggling EV manufacturer Rivian (NASDAQ: ","content":"<html><head></head><body><p>Ford Motor (NYSE: F) has lowered its interest further in struggling EV manufacturer Rivian (NASDAQ: RIVN) according to the latter&#39;s latest regulatory filing.</p><p>Rivian disclosed Ford now has a 1.15% stake in the company with ownership of around 10.5M shares. Ford held 86.9M shares worth a 9.49% stake in Rivian near the end of last year.</p><p>Ford (F) has been driving down its stake in the EV automaker amid mounting losses. In 2022 it recorded a$7.4B mark-to-market net loss on its Rivian (RIVN), accounting for most of the $12.2B in pre-tax special item charges.</p><p>In an earnings call following its Q4 results, Ford&#39;s (F) CFO John Lawler said &#34;the monetization of our Rivian stake [...] is now nearly complete.&#34;</p><p>Rivian (RIVN) shares have fallen nearly-70% in the past 12 months, and at the start of February, a Reuters report suggested the company is reducing its headcount by 6%. Amid price cuts across the EV space, the path to profitability for the money-losing manufacturer has become increasingly uncertain.</p></body></html>","source":"seekingalpha_fund","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ford Further Downsizes Rivian Stake</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFord Further Downsizes Rivian Stake\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-10 19:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3934686-ford-further-downsizes-rivian-stake><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ford Motor (NYSE: F) has lowered its interest further in struggling EV manufacturer Rivian (NASDAQ: RIVN) according to the latter's latest regulatory filing.Rivian disclosed Ford now has a 1.15% stake...</p>\n\n<a href=\"https://seekingalpha.com/news/3934686-ford-further-downsizes-rivian-stake\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"F":"福特汽车","RIVN":"Rivian Automotive, Inc."},"source_url":"https://seekingalpha.com/news/3934686-ford-further-downsizes-rivian-stake","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117826893","content_text":"Ford Motor (NYSE: F) has lowered its interest further in struggling EV manufacturer Rivian (NASDAQ: RIVN) according to the latter's latest regulatory filing.Rivian disclosed Ford now has a 1.15% stake in the company with ownership of around 10.5M shares. Ford held 86.9M shares worth a 9.49% stake in Rivian near the end of last year.Ford (F) has been driving down its stake in the EV automaker amid mounting losses. In 2022 it recorded a$7.4B mark-to-market net loss on its Rivian (RIVN), accounting for most of the $12.2B in pre-tax special item charges.In an earnings call following its Q4 results, Ford's (F) CFO John Lawler said \"the monetization of our Rivian stake [...] is now nearly complete.\"Rivian (RIVN) shares have fallen nearly-70% in the past 12 months, and at the start of February, a Reuters report suggested the company is reducing its headcount by 6%. Amid price cuts across the EV space, the path to profitability for the money-losing manufacturer has become increasingly uncertain.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":38,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}