Rivian Made Ford Billions. But Ford Can’t Sell Yet and a Loss Might Be Coming.

Barrons2022-01-19

Despite recent stock volatility,Ford Motor is making a mint on its investment in electric truck startup Rivian Automotive.That’s great for Ford investors, but there’s a bigger Rivian-related issue ...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

我们需要你的真知灼见来填补这片空白

发表看法

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/1106120129?lang=zh_CN&edition=full","thumbnail":"","is_english":true,"pubTime":"2022-01-19 21:50","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1106120129","market":"us","top_or_hot":-1,"title":"Rivian Made Ford Billions. But Ford Can’t Sell Yet and a Loss Might Be Coming.","media":"Barrons","content":"<div>\n<p>Despite recent stock volatility,Ford Motor is making a mint on its investment in electric truck startup Rivian Automotive.That’s great for Ford investors, but there’s a bigger Rivian-related issue ...</p>\n\n<a href=\"https://www.barrons.com/articles/ford-rivian-stock-fourth-quarter-51642596425?mod=hp_LATEST\">网页链接</a>\n\n</div>\n","source":"lsy1601382232898","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Rivian Made Ford Billions. But Ford Can’t Sell Yet and a Loss Might Be Coming.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRivian Made Ford Billions. But Ford Can’t Sell Yet and a Loss Might Be Coming.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-19 21:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/ford-rivian-stock-fourth-quarter-51642596425?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Despite recent stock volatility,Ford Motor is making a mint on its investment in electric truck startup Rivian Automotive.That’s great for Ford investors, but there’s a bigger Rivian-related issue ...</p>\n\n<a href=\"https://www.barrons.com/articles/ford-rivian-stock-fourth-quarter-51642596425?mod=hp_LATEST\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"F","symbol_name":"福特汽车","start_time":0,"source_url":"https://www.barrons.com/articles/ford-rivian-stock-fourth-quarter-51642596425?mod=hp_LATEST","article_id":"1106120129","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1106120129","pubTimestamp":1642600239,"sourceInfo":{"source_id":"lsy1601382232898","name":"Barrons"},"weMediaInfo":null,"summary":"Despite recent stock volatility,Ford Motor is making a mint on its investment in electric truck star","collect":0,"end_time":0,"defaultTopTitle":"barrons.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"F":"福特汽车","RIVN":"Rivian Automotive, Inc."},"translate_title":"Rivian让福特汽车赚了几十亿。但福特汽车还不能出售，亏损可能即将到来。","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"F":0.9,"RIVN":0.9},"content_text":"Despite recent stock volatility,Ford Motor is making a mint on its investment in electric truck startup Rivian Automotive.That’s great for Ford investors, but there’s a bigger Rivian-related issue they have to wrestle with: Now that Rivian is a publicly traded stock, what do Ford executives plan to do with their Rivian stake?Ford (ticker: F) announced it would record an $8.2 billion gain on its investment in Rivian (RIVN) when the Detroit auto maker reports its fourth-quarter financial figures.It’s a huge sum that works out to more than 8% of Ford’s current market capitalization. Ford stock, however, isn’t moving because, of course, investors have long known how much Rivian stock Ford owns: about 100 million shares.Ford stock was down about 0.1% in premarket trading.S&P 500 and Dow Jones Industrial Average futures were up about 0.2% and 0.1%, respectively.Ford’s Rivian stake was worth about $10.6 billion at the end of 2021. Rivian shares closed at $103.69. Rivian stock, however, has had a rocky start to the year, hit by a slower-than-expected production ramp-up as well as the selloff in other highly valued growth stocks.Coming into Wednesday trading, the Nasdaq Composite has fallen about 7.3% so far in 2022.At Rivian’s current price of $73.16, Ford’s stake is worth about $7.5 billion. If Rivian closes the first quarter at that level, Ford would have to record a loss of roughly $2 billion.That loss, however, wouldn’t move Ford stock when announced because investors can mark Ford’s Rivian stake to market everyday. What might move Ford stock is any decision Ford makes whether to hold or sell its Rivian stock. No one knows exactly what Ford’s plans are just yet.Ford can’t sell Rivian stock for 180 days following the Rivian initial public offering. That means the earliest Ford can sell is around May 9, 2022.What to do with Rivian will be one of the big decisions Ford management has to make in 2022. It’s a one-time decision though. Longer term, all the decisions about product lineups and vehicle electrification will matter more to Ford investors.In addition to the Rivian gain, Ford outlined several other accounting items. There will be a $3.5 billion gain from pension accounting, a $3.6 billion tax accounting gain as well as a $1.7 billion loss associated with debt repayment charges.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":6,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1106120129"}