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Rivian Stock Pares Back Gains. How $6.6 Billion From Biden Can Reignite the EV Maker.
The company's shares have started the week on a tear, despite the expectation that Donald Trump will eliminate EV tax credits.
Biden administration to loan $6.6b to EV maker Rivian to build Georgia factory that automaker paused
The Energy Department said the loan would substantially boost electric vehicles made in the United States and support Biden’s goal of having zero-emission vehicles make up half of all new US sales by 2030.
Lame-duck Biden administration loans $6.6B to struggling Tesla rival Rivian
Shares of a struggling electric-car maker that competes against Tesla are surging this week after the lame-duck Biden administration loaned the company billions of dollars. The Department of Energy announced on Tuesday that it was extending a $6.
Biden gives $6.6B conditional loan to EV-maker
Click for the latest from The Hill{beacon} Energy & Environment Energy & Environment The Big Story Biden gives $6.6B conditional loan to EV-makerThe Biden administration
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.
3d
Here's Why Rivian Stock Is a Buy Before Nov. 30
Rivian Automotive (NASDAQ: RIVN) has been an extremely volatile stock since its initial public offering in 2021. After a ...
The Motley Fool on MSN
2d
Why Rivian Stock Popped, Dropped, Then Recovered Today
Rivian
shares jumped as much as nearly 6% early today before turning negative by 3%. As of 10:55 a.m. ET, the
stock
had ...
2d
on MSN
Rivian Stock Gains as Georgia Plant Gets Conditional Funding: What to Know
If Rivian's $6.6 billion government loan gets approved, it will support the construction of the EV maker's new production ...
2d
Rivian wins preliminary approval for $6.6B federal loan for Georgia EV plant
Rivian won a “conditional commitment” from the Department of Energy for a $6.6 billion loan, highlighting Rivian’s improving ...
Finbold | Finance in Bold
2d
Why is Rivian stock surging?
On November 22, Rivian stock closed at $10.24. Buoyed by good news, on Monday, November 25, prices rallied to $12.02 — a ...
7d
on MSN
The plan for Irvine EV maker Rivian to emerge from its ‘awkward teenage years’
The maker of electric vehicles and trucks has faced numerous challenges as the EV market has cooled, but its CEO is ...
Benzinga.com
3d
Rivian Stock Is Ripping Higher Monday: What's Driving The Action?
Rivian
reportedly denied all wrongdoing related to the lawsuit and suggested that Tesla was merely attempting to stifle ...
13d
Rivian Stock Remained Turbulent Today. Is It an Opportunity to Buy?
Rivian Automotive (NASDAQ: RIVN) shares have been on a roller-coaster ride since the U.S. election on Nov. 5. A dip after ...
12d
My Favorite Electric Vehicle (EV) Stock to Buy Before Nov. 30
Most car buyers still haven't heard of Rivian (NASDAQ: RIVN). Compared to a major EV maker like Tesla, Rivian still has a lot ...
3d
Rivian soars 13% on Monday after double dose of good news
Rivian stock rallies as California says it will revive EV rebates if Trump ends federal tax credits. Tesla reached settlement ...
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