Correction: A previous headline of this post said Rivian was selling stock for $3 billion. Lucid Motors is planning to raise $3 billion through stock sales. We regret the error.
Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B.
Rebecca Bellan here, and yup, I’m still steering the ship.
The biggest news this week has been Elon Musk’s visit to China, a move that has the potential to strengthen Tesla’s ties with the world’s largest auto market. It’s Musk’s first visit since the COVID-19 pandemic, and his commitment to China isn’t surprising given how much China’s vehicle sales carry the automaker’s global sales. In Q1, China accounted for over half of Te …
