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Amazon-Backed Rivian in Talks for Texas Factory

Rivian Automotive, the electric-vehicle startup backed by Amazon.com, is in talks to invest at least $5 billion to build a factory near Fort Worth, Texas, according to a document obtained by Bloomberg News. Bloomberg’s Ed Ludlow has more on “Bloomberg Markets.” (Source: Bloomberg)

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Rivian Automotive, the electric-vehicle startup backed by Amazon.com, is in talks to invest at least $5 billion to build a factory near Fort Worth, Texas, according to a document obtained by Bloomberg News. Bloomberg’s Ed Ludlow has more on “Bloomberg Markets.” (Source: Bloomberg)

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11 Comments

11 Comments

  1. WitheringRiser

    August 11, 2021 at 6:36 pm

    First elon now bezos coming to texas

    • Mark Plott

      August 11, 2021 at 11:49 pm

      BOZO the Clown cant even get to ORBIT.

  2. Ajinomoto

    August 11, 2021 at 6:47 pm

    Waiting for the “copy cat” tweet from elon.

  3. thejeffinvade

    August 11, 2021 at 6:55 pm

    Jeff Bezos is really encroaching on Elon’s territory. Maybe Elon should invest in some Amazon competitors. Wait, there is none, never mind.

    • James Black

      August 11, 2021 at 7:18 pm

      Austin should be chosen

    • Balla jallow

      August 11, 2021 at 8:04 pm

      Walmart is Amazon’s competitor

    • thejeffinvade

      August 11, 2021 at 8:08 pm

      @Balla jallow I don’t think Waltons will sell or will issue new stocks.

  4. Normalized Audio

    August 11, 2021 at 7:00 pm

    UAW has trouble in TX.

    • Mark Plott

      August 11, 2021 at 11:50 pm

      the BEST Union, is NO Union at all – ELON.

  5. Kyle Hubb

    August 11, 2021 at 9:21 pm

    Copycats!

  6. Mark Plott

    August 11, 2021 at 11:49 pm

    RIVIAN should FOCUS in Actually going into Production and Delivering Vehicles as Promised to Customers.

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Hurtling around a race track outside Beijing, Xiaomi’s SU7 Ultra is as disconcerting as it’s quick. The company is preparing its expansion abroad, where it could pose a threat in the EV market.
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Tesla anticipates billions of dollars in additional spending this year to support Elon Musk’s ambitions to transform the electric-vehicle pioneer into an AI and robotics company. Ed Ludlow reports.
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China’s DeepSeek is back with a brand new flagship AI model, a year after its open source model upended Silicon Valley. Tom Mackenzie explains.
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