March 15, 2025

Alternative Fuel Vehicles

Investors

Rivian Updates Investors After VW Deal. 4 Points to Know.

Rivian Automotive is making progress on costs, putting it in position to sell its next generation of cars and parts for less than it spends to produce them, the EV maker said as it updated investors on its business days after announcing a blockbuster joint venture with Volkswagen . Shares were down in early Thursday

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Funds

World’s Largest Hedge Fund Bought Apple, Nvidia, Microsoft Stock. It Sold NIO.

The world’s largest hedge fund recently loaded up on shares of some members of the Magnificent Seven tech stocks, and halved an investment in a Chinese maker of electric vehicles. Bridgewater Associates made a big bet on Apple stock, more than doubled its stake in Nvidia shares, tripled an investment in Microsoft stock, and cut

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