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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.
4d
on MSN
Tesla Settles Lawsuit Against Rivian Over Claims It Stole Trade Secrets
The lawsuit originally accused Rivian of actively encouraging former Tesla employees to steal confidential information ...
Atlanta Journal-Constitution
1h
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 manufacturing plant, labeling it as a “political shot." ...
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.
8h
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
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 ...
cbtnews
3d
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
on MSN
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 ...
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 ...
4d
Tesla, Rivian Agree to Settle Four-Year Trade Secrets Lawsuit
TSLA agrees to resolve a four-year-old trade secrets lawsuit with RIVN, provided that Rivian satisfies the settlement terms.
2d
on MSN
This Rivian R1T Vs. Tesla Cybertruck Test Proves EPA Range Isn't The Full Story
The second-generation Rivian R1S Dual Max has an EPA range of 420 miles compared to just 325 miles for the Tesla Cybertruck ...
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