Rivian prices its I.P.O., valuing the electric-vehicle maker at nearly $70 billion.
The company, backed by Amazon and Ford, has delivered only 156 trucks so far, but its market worth approaches that of Ford.
Tesla shares slide again as Musk’s stock-sale tweet continues to reverberate.
Tuesday’s losses put Tesla’s stock down more than 11 percent this week.
Rivian edges closer to an I.P.O., seeking a valuation above $50 billion.
The company updated registration documents with the Securities and Exchange Commission on Monday.
Tesla to Move Headquarters to Texas from California
Elon Musk announced the move at the company’s annual shareholder meeting, hosted at a factory Tesla is building near Austin.
Tesla investors will vote on whether to oust James Murdoch and Kimbal Musk from the board.
Activist shareholders have submitted five proposals to compel Tesla to disclose more information about its efforts to diversify its work force, how it handles employee disputes and its human rights record.
Rivian, Electric Vehicle Start-Up, Unveils Large Losses in I.P.O. Filing
The company, which is backed by Amazon and Ford, is seeking to sell shares in one of the biggest initial public offerings of the year.
Lordstown Motors Will Work With Foxconn, a Contract Manufacturer
The deal could result in the sale of the struggling automaker’s Ohio factory to Foxconn. Lordstown is under federal investigation and needs more cash to mass-produce an electric pickup truck.
Biden’s Electric Car Plans Hinge on Having Enough Chargers
The United States has about 100,000 public chargers, far fewer than Europe and China. It needs 10 times as many, auto experts say, to complete the switch from combustion engine vehicles.
A Skeptical Stock Analyst Wins Big by Seeking Out Frauds
The activist short-seller behind Hindenburg Research has become known for research that sends companies’ stock sinking. He says he’s not in it just to move share prices.
Nikola Founder Trevor Milton Charged With Securities Fraud
Federal prosecutors charged Mr. Milton with misleading investors about the technology for battery- and hydrogen-powered vehicles Nikola had hoped to manufacture.