Critics advise the incoming Trump administration to pull the plug on “corporate-welfare loans handed out for political ...
The Tesla rival was granted a $6.6 billion loan from the Department of Energy to restart construction of a stalled EV factory ...
Vivek Ramaswamy, co-leader of the Department of Government Efficiency, has ramped up criticism of the Biden administration's ...
The Biden administration is providing financing for two battery factories being built by Stellantis and Samsung, as well as a ...
This week saw significant developments in the electric vehicle (EV) sector, with Elon Musk, Tesla, and Rivian making ...
Tesla is overvalued due to the potential loss of EV tax credits and carbon tax revenue under the Trump administration. Click ...
Rivian received the loan in November from the Department of Energy, but Ramaswany claims it is a "political shot" at Elon ...
Plus, Stellantis gets a $7.5 billion loan for building batteries, and GM backs out of its nearly-completed battery plant.
Rivian, the EV startup based in California, was worth as much as $150 billion just three years ago before its stock price ...
Vivek Ramaswamy criticized the Biden administration’s nearly $6 billion federal loan expected for Rivian’s electric vehicle ...
All-electric automaker Rivian Automotive has announced that it received a “conditional commitment” for a $6.6B loan from ...
It's unclear whether the administration can complete the loan before Donald Trump becomes president again in less than two ...