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Rivian sues Ohio, wants to sell D2C

Happy Friday morning. This is Car Alerts with your weekly recap of the latest car news and market happenings.
In today’s edition:
Rivian sues Ohio over unfair treatment
Hyundai & GM partner to launch new models
Quarterly earnings from Uber, Lucid, and Rivian
Recent recalls
and more
MARKETS 📈

Note: Stock market prices as of Thursday’s market close.
HEADLINES 📰
Rivian has filed a lawsuit in Ohio to be able to sell its electric vehicles directly to consumers
Tesla hands $29B comp package to Elon Musk amid ‘AI talent war’
Rivian and Lucid posted disappointing quarterly earnings on Tuesday and provided a grim outlook for the year
Uber beats on revenue, announces $20 billion stock buyback
Camaro ZL1 tops chart of most-stolen vehicles, according to the Highway Loss Data Institute
Porsche confirmed a new hybrid Turbo S model will be revealed this year
Foxconn sells former GM factory to mystery buyer after failing to make EVs
Jeep Gladiator 392 V8 confirmed, Wrangler 392 continuing indefinitely
RECALLS
That’s all we have for you this week. We’ll see you next Friday with more car content.
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