Mobileye’s CEO Amnon Shashua poses with a Mobileye driverless car or truck at the Nasdaq Current market site in New York, July 20, 2021. Jeenah Moon | Reuters Mobileye, an…
Tag: IPO
Porsche luxury IPO pitch encounters investor concern it’s not ‘a safe bet’
Porsche is pitching its initial public offering as a chance to commit in a company that combines the greatest of carmaking rivals like Ferrari NV and luxurious makes these as…
GM’s stock closes below IPO price for first time since October 2020
Mary Barra, Chair and CEO of the Typical Motors Enterprise (GM), speaks through the Milken Institute International Meeting in Beverly Hills, California, on Could 2, 2022. Patrick T. Fallon |…
Intel’s Mobileye confidentially files for U.S. IPO
Intel Corp’s self-driving automobile unit Mobileye confidentially filed for an original public offering in the United States on Monday, environment the phase for what is anticipated to be just one…
Ford sees $8.2 billion gain on its investment following Rivian’s IPO
Ford Motor Co. expects to file a acquire of $8.2 billion in the fourth quarter on its expense in Rivian Automotive Inc. immediately after the electric powered-truck maker’s blockbuster initial…
Vingroup plans U.S. IPO for VinFast brand arm in late 2022
HANOI — Vingroup JSC, Vietnam’s major conglomerate, said on Saturday it is preparing to record its car device on the U.S. inventory industry in the second 50 percent of future…
Rivian pre-order customers made over $240 million in profit on IPO pop
Rajiv Patel, an environmental consultant in Austin, Texas, place down a $1,000 deposit on a Rivian electrical SUV before this yr. He has no plan when he’ll get his motor…
Rivian founder R.J. Scaringe is worth $2.2 billion after company’s IPO
RJ Scaringe, founder and CEO of Rivian, speaks in the course of a expose celebration ahead of the Los Angeles Auto Clearly show on Nov. 27, 2018. Patrick T. Fallon…
Rivian IPO proves General Motors is undervalued, says GM CEO
GM Chair and CEO Mary Barra addresses investors Oct. 6, 2021 at the GM Tech Heart in Warren, Michigan. Image by Steve Fecht for Basic Motors The massive valuations of…