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Soros fund doubles down on Rivian bet, buys stakes in Lucid, Nio

·2 min read
Soros fund doubles down on Rivian bet, buys stakes in Lucid, Nio
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Billionaire George Soros’s investment fund has doubled down on its bet on Rivian Automotive Inc. and taken new positions on EV makers Nio Inc. and Lucid Motors Inc., according to a filing late Friday. The fund sold off its positions on Fisker Inc. and on General Motors Co.