Billionaire investor George Soros' fund dumped its entire Tesla stake in the first quarter - cashing out on the EV's maker's 2023 rebound

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george soros
Investor George Soros speaks during a program hosted by the New America Foundation September 13, 2006 in Washington, DC.

Win McNamee/Getty Images

Panic over the rise of AI is hitting a fever pitch

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Hi, I'm Matt Turner, the editor in chief of business at Insider. Welcome back to Insider Today's Sunday edition, a roundup of some of our top stories. 

People are so desperate to get an EV that they're putting deposits down on multiple and buying whichever one is built first

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Rivian manufacturing in Normal, Illinois
Rivian manufacturing in Normal, Illinois

Rivian

A Rivian buyer got his dream car after a 3-year wait. Days later, the car was dead and he faced a $2,100 bill.

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Chase Merrill's Rivian stuck in a snow drift.
Rivian is learning more about customer service as it ramps up production.

Chase Merrill

Matte car colors in muted earth tones are suddenly taking over — but the trendy paints come at a cost

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Rivian Earth Tones
Rivian launched its "Earth Tones" palette in 2022, inspired by "greens from Pacific Northwest forests" and "reds and oranges from Colorado hills and canyons."

Rivian

I drove luxury SUV's from Rivian and Mercedes — here's why I'd go with the startup over the competition

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The Rivian R1S and Mercedes-Benz EQS SUV electric SUVs.
The Rivian R1S brings ruggedness and quirky features, while the Mercedes-Benz EQS SUV delivers leather-bound opulence.

Tim Levin/Insider

A YouTuber charged a non-Tesla EV at a Supercharger and it 'descended into chaos'

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A Tesla Model 3 charges at a Supercharger.
Marques Brownlee took a non-Tesla to a Supercharger.

Paul Hennessy/NurPhoto via Getty Images

Rivian is forcing some customers to wait years for their vehicle deliveries — and it risks alienating them at a critical time in its fight to become the next Tesla

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Rivian manufacturing
Rivian presented mixed results for the fourth quarter on Tuesday, losing less per share than analysts had expected, but falling short of revenue estimates.

Rivian

Tesla rival Rivian's stock sinks 13% after the EV maker's output forecast comes in well below expectations

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Rivian EVs
Rivian recalled 13,000 of its vehicles on Friday.

Justin Sullivan / Staff / Getty

How Rivian went from Wall Street darling to another struggling EV startup

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rivian pickup truck looking at the edge of a cliff surrounded by two rivian charging stations, framing blue, green, and orange photo snippets of a Rivian factory, IPO, and Amazon truck

Rivian; Marianne Ayala/Insider

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