Elon Musk proposed a merger idea involving electric vehicle companies Tesla and Rivian Automotive.
1 report, 1 independent
Updated Oct 21
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What happened
Elon Musk proposed a merger idea involving electric vehicle companies Tesla and Rivian Automotive.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Elon Musk
businessman and entrepreneur (born 1971)
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Tesla
American automotive, energy storage and solar power company
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Rivian Automotive
American automaker and automotive technology company
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- Elon Musk proposed merging SpaceX and Tesla, with investors favoring the move in the current M&A climate.
- Musk serves as CEO of SpaceX, and investors are comparing SpaceX's potential gains to Tesla's past performance.