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Rivian, Vivek Ramaswamy and Elon Musk
Vivek Ramaswamy calls Rivian's $6.6 billion federal loan a 'political shot' at Elon Musk
The Tesla rival was granted a $6.6 billion loan from the Department of Energy to restart construction of a stalled EV factory in Georgia.
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.”
DOGE Leader Vivek Ramaswamy Takes Aim At Rivian’s $6.6 Billion Federal Loan
Rivian received the loan in November from the Department of Energy, but Ramaswany claims it is a "political shot" at Elon Musk and Tesla
Lame-duck Biden administration loans $6.6B to struggling Tesla rival Rivian
Rivian, the EV startup based in California, was worth as much as $150 billion just three years ago before its stock price tanked since then.
Vivek Ramaswamy says DOGE will 'carefully scrutinize' loans Biden gave to Tesla rivals
The Biden administration is providing financing for two battery factories being built by Stellantis and Samsung, as well as a Rivian EV plant.
Vivek Ramaswamy Calls Out Loans for Electric Vehicle Manufacturing
Ramaswamy will co-lead the planned Department of Government Efficiency along with Tesla CEO Elon Musk. One of the loans is for Rivian, a Tesla competitor.
Vivek Ramaswamy pans Rivian’s expected $6B federal loan for Georgia factory
Vivek Ramaswamy criticized the Biden administration’s nearly $6 billion federal loan expected for Rivian’s electric vehicle manufacturing plant, labeling it as a “political shot” at Tesla boss Elon Musk.
Vivek Ramaswamy Claims DOGE Will ‘Scrutinize’ Federal Loans to Tesla’s Enemies
The newly christened "government efficiency" czar criticized federal loans to two of Elon Musk's competitors on Monday.
1d
Elon Musk's DOGE Co-Lead Already Targeting Tesla Rivals? Vivek Ramaswamy Flags Stellantis' $7.5B Loan Days After Criticizing Rivian's $6.6B Loan
Vivek Ramaswamy, co-leader of the Department of Government Efficiency, has ramped up criticism of the Biden administration's ...
2d
Tesla's Upcoming Government Double-Whammy
Tesla is overvalued due to the potential loss of EV tax credits and carbon tax revenue under the Trump administration. Click ...
unilad
6d
Jeff Bezos and Elon Musk could be the real winners after $540,000,000,000 'white gold' discovery
Jeff Bezos and Elon Musk could benefit from the so-called 'Saudi Arabia of lithium mining' discovered beneath a lake in ...
3d
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 ...
8d
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.
justthenews
4d
Federal loan to struggling EV automaker under fire
All-electric automaker Rivian Automotive has announced that it received a “conditional commitment” for a $6.6B loan from ...
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