Hsbc Holdings PLC raised its position in Rivian Automotive, Inc. (NASDAQ:RIVN – Free Report) by 27.2% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 238,066 shares of the electric vehicle automaker’s stock after acquiring an additional 50,929 shares during the period. Hsbc Holdings PLC’s holdings in […]
Don't try to figure out why Tesla is valued like it is or why GM shares trade for less than one-quarter of the S&P 500 multiple. You'll lose your mind.