The Dow Jones fell on the stock market today. AI leader Nvidia got some price target hikes. Li Auto and Tesla stock were lower.
The Tesla vote on Elon Musk's $56 billion compensation deal is underway as executives look to drum up retail investor support.
Rivian Automotive is looking to challenge Tesla, Ford and General Motors with its adventure-styled electric vehicles. It is Jonas' view that Rivian may benefit from a partnership to bring its new vehicles to market at scale.