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High-profile hedge funds jump on the EV bandwagon, loading up on Rivian shares

A couple look at a display of electrified vehicles on offer from Toyota at the Washington Auto Show in Washington, January 25, 2022.
Kevin Lamarque | Reuters

A slew of big-name hedge funds added stakes in the burgeoning electric vehicle space at the end of 2021, and the interest in newly public Rivian Automotive was particularly high among high-profile investors from Dan Loeb to Philippe Laffont.

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