Lame-duck Biden administration loans $6.6B to struggling Tesla rival Rivian
Briefly

The recent $6.6 billion loan from the Department of Energy to Rivian could facilitate the completion of its Georgia electric car plant, expected to create 7,500 jobs.
Vivek Ramaswamy criticized the Biden administration for giving Rivian $6.6 billion, highlighting the cost of $880,000 per job and suggesting political motivations behind the loan.
Read at New York Post
[
|
]