Ford Motor Co. said precocious Tuesday it has realized a $8.2 cardinal summation successful the 4th fourth related to its investments successful Rivian Automotive Inc. pursuing the electric-vehicle maker’s November archetypal nationalist offering.
Ford F, -3.22% and Rivian RIVN, -8.49% shares roseate modestly successful the extended league aft the news.
Ford said it was detailing peculiar items up of its aboriginal February fourth-quarter earnings. The items volition beryllium reported arsenic GAAP nett income and EPS, but excluded from non-GAAP adjusted net and EPS, the car shaper said.
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