Exclusive-Trump's Transition Team Aims to Kill Biden EV Tax Credit
Ending the tax credit could have grave implications for an already stalling U.S. EV transition. And yet representatives of Tesla - by far the nation's largest EV seller - have told a Trump-transition committee they support ending the subsidy,
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Shares of Tesla (NASDAQ: TSLA) were heading lower on reports that the Trump administration planned to eliminate the $7,500 ...
Tesla and Rivian are two major players in the electric vehicle industry. While Tesla is profitable, Rivian is struggling ...
Tesla stock wavers as CEO Elon Musk is named to lead a new government department for President-elect Donald Trump, ...
As noted above, Rivian's biggest issue has been its negative gross margin, which continued in the quarter. It reported a ...
Why shares of electric vehicle (EV) giants Rivian Automotive (RIVN) and Tesla (TSLA) are making headlines today ...
Tesla stock saw a post-election surge, but shares of smaller rival Rivian retreated. Investors seem to think Rivian will be ...
It's turning out to be a busy day in the stock market after election results have rolled in. Donald Trump's reelection has ...
Today, the thesis that may have justified Rivian'speak valuation of over $153 billion (the company is worth just over $10 billion today) has largely evaporated. Growth for the pure-play EV companies ...
Shares of Rivian jumped over 15% after the EV maker announced a $5.8 billion investment from German automaker Volkswagen as ...
In fact, Tesla experienced a drop in revenues earlier this year while Rivian was still growing its sales by double digits.
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