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Trump team puts EV tax credit on block, Tesla is on board

Rivian, Tesla Slide on Report Trump Plans to Nix EV Tax Credit

Shares of US automakers fell after Reuters reported President-elect Donald Trump plans to eliminate the $7,500 consumer tax credit for electric-vehicle purchases.

Business Insider · 53m

EV makers slide on report Trump wants to scrap EV tax credit

Trump's transition team is looking to do away with the $7,500 tax credit for EV sales as part of broader tax reform legislation, Reuters reported.

Ars Technica · 10m

Trump team puts EV tax credit on the block, Tesla is on board: Report

The clean vehicle tax credit was overhauled as part of President Joe Biden's signature climate legislation. Until then, the size of a plug-in vehicle's tax credit was based on its battery capacity, with a credit of up to $7,

Bloomberg on MSN · 1h

Trump Plans to Kill EV Tax Credit, Reuters Reports

Shares of electric vehicle startup Rivian extended their losses to over 10% Thursday on a Reuters report that President-elect Donald Trump's transition team plans to kill the $7,500 consumer tax credit for EV purchases.

Rivian Stock Rallies

Barron's on MSN · 1d

Rivian Stock Jumps. The EV Maker Is Getting More Cash From Volkswagen.

The EV company and VW agreed to a partnership in June that could provide Rivian with around $5 billion in capital in the coming years.

MarketWatch on MSN · 1d

Rivian’s stock soars as joint venture with Volkswagen is upsized to $5.8 billion

Rivian Automotive Inc. and Volkswagen have launched their upsized joint venture, joining forces with the goal of creating “cutting-edge” electric-vehicle technology.

Wall Street Journal · 1d

Rivian Stock Rallies as Volkswagen Joint Venture Is Upsized to $5.8 Billion

Volkswagen will invest up to $5.8 billion in Rivian stock and a joint venture—up from a $5 billion deal value envisaged when the collaboration was announced in June. Rivian stoc

Volkswagen raises investment in Rivian

AOL · 20h

Why Rivian's $5.8 Billion Deal With Volkswagen Is Exceptionally Bullish

Electric vehicle (EV) maker Rivian (NASDAQ: RIVN) said late Tuesday that it closed a hugely important deal, in which giant Volkswagen (OTC: VWAGY) will invest billions in the California-based upstart.

Reuters · 1d

Volkswagen raises investment in Rivian to $5.8 billion

Volkswagen Group raised its investment in Rivian by 16% to $5.8 billion, the two automakers said on Tuesday, as the companies kick off their planned joint venture to develop electric vehicle architecture and software.

Top Gear on MSN · 5h

Woah, Volkswagen will invest up to $5.8bn into US electric carmaker Rivian

Volkswagen will invest up to $5.8bn into Rivian as part of a new joint venture that’ll see them both working extremely closely on their future electric cars. In short, it means Rivian can get a boatload of cash and Volkswagen’s scale to launch and evolve the R2 (pictured above) and other models.

Hosted on MSN35m

Tesla and Rivian shares were having a good week. Concerns over the future of EV tax credits ended that.

Rivian Automotive Inc. shares dropped 12% on Thursday, their worst day in months, on heightened concerns the Trump ...

13mon MSN

VW And Rivian Team Up To Develop EV Tech for 2027 Launch

Volkswagen originally promised a $5 bn deal to collaborate on software and architecture, but announced it was upping its ...

Why Rivian Stock Dropped Thursday

Rivian Automotive ( RIVN -5.45%) stock is hitting the brakes today after it spiked nearly 14% yesterday. That jump came after ...

autoevolution4h

Rivian Achieved in Three Months What Volkswagen Couldn't Do in Years of Spending Billions

Rivian and Volkswagen announced their joint venture, but the bigger news is how the EV startup convinced the legacy ...

The Business Journals1d

Rivian-Volkswagen partnership to produce EV tech for R2 model

Rivian is teaming up with Volkswagen in a $5.8 billion joint venture for EV innovation on its R2 model, which the company ...

Electrek1d

Rivian (RIVN) and Volkswagen officially launch their new EV business partnership

Rivian (RIVN) and Volkswagen, an upcoming EV startup and one of the world’s largest automakers, are teaming up to ...

6don MSN

Rivian’s losses widen, but investors like hearing of ‘progress’ in next-gen EV

Rivian Automotive Inc. on Thursday posted a larger-than-expected quarterly loss and revenue that were below expectations, ...

GM Authority1d

Rivian And Volkswagen Group Confirm EV Joint Venture

By leveraging Rivian’s electric vehicle software expertise and Volkswagen’s extensive experience in vehicle platforms and ...

Yahoo1d

Rivian Appears Ready to Solve Its Biggest Problem. Is the Stock a Buy?

Since it went public back in 2021, Rivian Automotive (NASDAQ: RIVN) has done a good job of selling its electric vehicle ...

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Trump team puts EV tax credit on block, Tesla is on board

Rivian Stock Rallies

Volkswagen raises investment in Rivian

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