Reported about 6 hours ago
Vivek Ramaswamy, set to lead the quasi-official Department of Government Efficiency under Donald Trump, plans to scrutinize the Biden administration's $6.6 billion loan to electric vehicle producer Rivian, which competes with Tesla. Ramaswamy argues that the investment, justified by potential job creation, seems politically motivated and raises concerns over wasteful spending, especially as Rivian has faced recent financial challenges and halted construction on its new plant.
Source: YAHOO