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Elon Musk & Vivek Ramaswamy’s DOGE to scrutinise $6.6bn loan to Tesla rival Rivian by Biden admin
Ramaswamy criticised Biden’s justification for Rivian’s loan, which emphasised the creation of 7,500 jobs, as exorbitantly expensive. He argued that the cost per job was excessive and hinted that the loan may serve political purposes,
Elon Musk’s DOGE partner Vivek Ramaswamy says they’ll scrutinize $6.6 billion Biden loan to Tesla rival Rivian
Critics advise the incoming Trump administration to pull the plug on 'corporate-welfare loans handed out for political reasons'.
Elon Musk, Vivek Ramaswamy to meet with House Republicans next week to discuss DOGE
Businessmen Elon Musk and Vivek Ramaswamy will meet with House Republicans this week to discuss cuts to federal government spending, among other matters.
Elon Musk and Vivek Ramaswamy to meet with House Republicans on DOGE plans
Elon Musk and Vivek Ramaswamy will head to Capitol Hill next week to meet with Republicans on their plan to slash regulations and other parts of the federal government.
The Pantagraph
13h
The plan for EV maker Rivian to emerge from its ‘awkward teenage years’
Rivian CEO and founder R.J. Scaringe recently described the company as being in its "awkward teenage years." Here's his plan ...
Seattle Times
2d
Can Amazon-backed EV maker Rivian grow out of its ‘awkward’ teen years?
Lars Dennert paid $100,000 for a forest green
Rivian
R1S, an electric SUV he enjoys driving on family road trips to the ...
1d
on MSN
Volkswagen’s new electric Golf will get the Rivian treatment
Volkswagen just revealed the next-gen electric Golf will benefit from Rivian’s cutting-edge software and electrical ...
1d
on MSN
Could Buying Rivian Stock Today Set You Up for Life?
Rivian (NASDAQ: RIVN) hasn't had the best year in 2024. In fact, the problems are more likely growing pains than anything ...
5d
on MSN
Biden Grants Rivian $6.6B Loan to Revive Stalled Georgia EV Factory
The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.
20h
Elon Musk On California's EV Rebate Proposal, Tesla Dispute Settlements, And Rivian Powering Upcoming Volkswagen EV: This Week In EVs
This week saw significant developments in the electric vehicle (EV) sector, with Elon Musk, Tesla, and Rivian making ...
11Alive
5d
Federal loan worth up to $6 billion on the way to revive stalled Georgia Rivian plant project
MORGAN COUNTY, Ga. — The stalled
Rivian
manufacturing plant mega-project in Georgia is getting a huge revival boost from ...
5d
on MSN
Rivian receives conditional $6.6-billion federal loan for plant, new models
Irvine electric-vehicle maker Rivian has conditional approval for a $6.6-billion loan to fund the construction of a new plant ...
3d
on MSN
Rivian secures $6.6B federal loan for GA factory
A loan from the U.S. Department of Energy could jumpstart Rivian’s stalled plans for an EV facility in Georgia, setting the ...
2d
Rivian: EV Subsidies Are Ending (Rating Downgrade)
Rivian faces significant challenges as EV subsidies end, making it difficult to compete with Tesla and Ford. Find out why I ...
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