Rivian Shares Surge Post-Biden Loan
This is a Georgia news story, published by New York Post, that relates primarily to The Department of Energy news.
Georgia news
For more Georgia news, you can click here:
more Georgia newsautomotive and transportation news
For more automotive and transportation news, you can click here:
more automotive and transportation newsNew York Post news
For more news from New York Post, you can click here:
more news from New York PostAbout the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best tech news, business news, entertainment news, and much more. If you like automotive and transportation news, you might also like this article about
Rivian loan. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest maker Rivian news, electric vehicles news, automotive and transportation news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
electric car factoryNew York Post
•Lame-duck Biden administration loans $6.6B to struggling Tesla rival Rivian
69% Informative
The Department of Energy announced on Tuesday that it was extending a $6.6 billion loan to Rivian for the construction of a $5 billion electric car factory in Georgia .
The company initially started but then put on hold due to financial constraints.
Rivian 's stock is up 22% this week ; the shares recently changed hands at $ 12.20 , up 5.6% .
VR Score
68
Informative language
66
Neutral language
6
Article tone
formal
Language
English
Language complexity
63
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
2
Source diversity
2
Affiliate links
no affiliate links