Vivek Ramaswamy calls Rivian's $6.6 billion federal loan a 'political shot' at Elon Musk

[Eugene]

Source: Business Insider

Vivek Ramaswamy calls Rivian's $6.6 billion federal loan a 'political shot' at Elon Musk

Tom Carter
Thu, November 28, 2024 at 6:51 AM EST·2 min read

Rivian secured a vital loan from the outgoing Biden administration — and one of the leaders of DOGE isn't happy about it.

The Tesla rival was granted a $6.6 billion loan from the Department of Energy to restart construction of a stalled electric vehicle factory in Georgia, which the government said would create 7,500 jobs by 2030.

Vivek Ramaswamy, who is set to lead the "Department of Government Efficiency" along with Elon Musk in the second Trump administration, criticized the loan in a post on X.

-snip-

Read more: https://www.yahoo.com/autos/vivek-ramaswamy-calls-rivians-6-115101459.html

________________________________________________

Earlier DU thread: Biden Grants Rivian $6.6B Loan to Revive Stalled Georgia EV Factory

[2naSalit]

1. That...

Ramasmarmy guy needs to be shoved into a locker and left there for about five years. Cannot stand that guy, especially when he talks.