Rivian

OpenCalais Metadata: Ticker

OpenCalais Metadata: LegalName

RIVIAN AUTOMOTIVE, LLC

Tesla sells record 1.3 million vehicles last year

Tesla sold a record 1.3 million vehicles last year, but the number fell short of CEO Elon Musk's pledge to grow the company's sales by 50 percent nearly every year.

The 2022 figure topped the prior record of 936,000 vehicles delivered in 2021, but it was shy of the 1.4 million needed to reach the company's 50 percent growth target.

Wall Street IPOs slow down due to uncertainties, volatility

As the first quarter of 2022 winds down, the IPO parade is ending with a whimper - there were no initial public offerings this week and just one last week.

After a banner 2021 for initial public offerings, the pace of new Wall Street arrivals has slowed considerably in an environment marred by market volatility, geopolitical turbulence and tightening monetary policy.

Wall Street IPOs slow down due to uncertainties, volatility

As the first quarter of 2022 winds down, the IPO parade is ending with a whimper - there were no initial public offerings this week and just one last week.

After a banner 2021 for initial public offerings, the pace of new Wall Street arrivals has slowed considerably in an environment marred by market volatility, geopolitical turbulence and tightening monetary policy.

Amazon holiday quarter profit doubles

Amazon has reported its profit doubled to $14 billion in the crucial holiday quarter, giving a boost to jittery markets that expected less due to higher labor, sourcing and delivery costs.

The e-commerce colossus said its net sales climbed to $137 billion, and its profit benefited greatly from a return on investment in electric vehicle maker Rivian, which went public in November.