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New York Post

New York Post

Lame-duck Biden administration loans $6.6B to struggling Tesla rival Rivian

New York Post
Summary
Nutrition label

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

Source diversity

2

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