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Biden administration announces Rivian loan
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'.
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.
Biden Administration Approves $6.6 Billion Loan for Loss-Making EV Maker Rivian
In the closing days of President Biden’s administration, it is handing out billions of dollars in a loan to an electric vehicle maker, Rivian Automotive, even though the company has struggled to become profitable.
2h
Could Buying Rivian Stock Today Set You Up for Life?
But, in many ways, Rivian is moving down a very similar path, business-wise. Rivian started out by creating electric vehicle ...
14h
on MSN
Rivian CEO slams dealership laws: "It’s close to corruption"
The CEO criticized state laws that protect car dealerships at the expense of direct-to-consumer models, calling for changes ...
15h
The plan for EV maker Rivian to emerge from its ‘awkward teenage years’
Scaringe, the son of an engineer and who was obsessed with cars as a kid, knew early he wanted to start his own business. The ...
6d
on MSN
Tesla says it has reached a ‘conditional’ settlement in Rivian trade secrets lawsuit
Tesla and Rivian may have resolved a lawsuit in which Tesla accused Rivian of poaching employees and stealing trade secrets.
Electrek
5d
Tesla and Rivian are settling their battery tech theft lawsuit
Tesla and Rivian have been embroiled in a lawsuit in which the former accused the latter of having stolen battery technology ...
3d
on MSN
Rivian CEO Says The Tesla Model Y Is Still The Best EV Under $50,000
The Model Y sets the bar, according to Rivian CEO RJ Scaringe. There's no denying the fact that the Tesla Model Y is the best ...
Torque News
4d
Tesla Vs. Rivian Lawsuit Settlement - “An Alarming Pattern of Our Workers Poached By Rivian Were Caught Red-Handed Stealing Trade Secrets”
The lawsuit between two U.S. electric automakers, Tesla and Rivian, is nearing an end. Tesla alleges that Rivian poached ...
cbtnews
4d
Tesla, Rivian near settlement in lawsuit over alleged trade secret theft
EV makers Tesla and Rivian are reportedly on the brink of settling a lawsuit in which Tesla accused Rivian of stealing its ...
1d
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 ...
Electrek
14h
Podcast: Tesla sale incentives intensify, new California EV credit?, Rivian’s new factory, and more
In the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. In this ...
Destination Charged on MSN
2d
Tesla Cybertruck vs. Rivian R1T - Feature
Thanksgiving is our most woke holiday; that’s why it’s so great. How To Get The Film Off The Inside Of Your Car's Windshield ...
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