Rivian raises $2.5 billion in aggressive plan to beat Tesla and Nikola with the first all-electric pickup
Rivian raises $2.5 billion in aggressive plan to beat Tesla and Nikola with the first all-electric pickup
Friday, July 10, 2020
As shares of electric truck maker Nikola Motor Co. surged at its IPO last month and cemented 38-year-old founder Trevor Milton as the industry’s newest billionaire, Robert “R.J.” Scaringe was quietly raising $2.5 billion in fresh financing for his electric truck company Rivian.
Read the full story here
