All-electric automaker Rivian Automotive has announced that it received a “conditional commitment” for a $6.6B loan from ...
Jeff Bezos and Elon Musk could benefit from the so-called 'Saudi Arabia of lithium mining' discovered beneath a lake in ...
The Biden administration has preliminarily said it would give a $6.6 billion loan to electric vehicle (EV) maker Rivian for a ...
The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.
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Elon Musk and Vivek Ramaswamy argued President-elect Donald Trump has the executive authority to pursue "large-scale firings" in the federal government.
Rivian had a rocky start when it launched production in late 2021, a historically tough time to start an auto company. Elon Musk predicted in 2022 that Rivian (and Lucid) would go bankrupt.
“I bought this before we knew Elon was crazy,” an increasingly common Tesla bumper sticker reads. Unlike the aspiring meme lords who back Musk, Rivian fans tend to be earnest, maybe even a ...
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