Tag: Scaringe

Cloaked Audis, covert CEO meeting: how VW's $5 billion Rivian bet transpired

By Abhirup Roy and Victoria WalderseeSAN FRANCISCO/BERLIN (Reuters) - A few camouflaged Audis arrived secretly from Germany early this year at a facility...

Rivian founder tells investors why incoming shareholder Volkswagen needs his help to take on Tesla just as much as he needs the cash injection

Volkswagen’s planned $5 billion investment in Rivian is a lifeline for the troubled carmaker—but not necessarily the one you may think.The cash injection plugs a...

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