Tuesday Ticker: VinFast’s massive valuation; Rivian raises production forecast

Toronto, Ontario ⁠— This week’s Tuesday Ticker covers VinFast’s valuation increase and Rivian’s decision to up production guidances for 2023.  Viva la VinFast VinFast went public on the Nasdaq last week, with a whopping US$85 billion valuation⁠—almost twice that of General Motors or Ford, the two largest automakers in the U.S. The Vietnamese EV maker […]

Tuesday Ticker: March 29, 2022

Toronto, Ontario ⁠— In this weekly Tuesday Ticker, General Motors cooperates with authorities following a former manager’s arrest on bribery charges, while Rivian suffers another blow in market analyst predictions.  Fixed bids and bribery A former General Motors manager has been accused of taking US$3.45 million in bribes from a South Korean parts supplier, according […]