".. If the loan is canceled, Tesla CEO Elon Musk stands to benefit the most." @fortune.com $RIVN #OligarchEra fortune.com/2025/02/19/r... - ThreadSky

carlquintanilla.bsky.social • 1 day ago

".. If the loan is canceled, Tesla CEO Elon Musk stands to benefit the most."

@fortune.com $RIVN #OligarchEra
https://fortune.com/2025/02/19/rivian-federal-loan-biden-trump-administration-georgia-factory-brian-kemp/

Comments

auri13.bsky.social•23 hours ago

Rivian's factory is located in Normal,Illinois. It employs 8,000 people. It's in the 16th Congressional Representative Darin LaHood Republican.

yallstopyelling.bsky.social•1 day ago

They should cancel that loan actually

runningman1111.bsky.social•1 day ago

This is so unbelievable. Elon Musk just doesn’t like competition. So sad.

luskywalker.bsky.social•1 day ago

America First! Unless you’re a business rival to Elon

paulsciorg.bsky.social•1 day ago

I can not invest in good faith in an #OligarchEra. If the loan is cancelled, I question if this is this an investable market.

midefd.bsky.social•1 day ago

Rivian is going to have to pay off Boss Hogg (Trump) to get their loot. Trump has made the US into Hazzard County w/nukes.

peth101.bsky.social•1 day ago

That plant is cursed. Been talking about it my Econ classes for 6 years it seems. Great opportunity for my high school seniors but something always comes up. First it was the George Soros connection, then pollution concerns. Now this. Not sure it will ever get built if Musk is in charge.

ih8billionaires.bsky.social•1 day ago

fine, who's got the Rivian gofundme link?

rodgilbert.bsky.social•1 day ago

Musk will never allow Rivian to see that money. He will use all of his power to stop a better product.

apg20.bsky.social•1 day ago

@ajc.com

leahcat1197.bsky.social•1 day ago

But no conflicts of interest and no government handouts.

wtfisthis0.bsky.social•1 day ago

This is a monopoly. I remember back in the day the government forced the phone companies to disband because of this.

codykinski.bsky.social•1 day ago

No doubt that's just a coincidence, though?

pepe-mccormack.bsky.social•22 hours ago

Could they sue Elon and the US government for breach?

rtothegg.bsky.social•1 day ago

Elon Climbed that ladder the US government gave him then pulled that thing right up after he got to the top. What an asshole.

wildthingthree.bsky.social•23 hours ago

California built Tesla

sarahb1111.bsky.social•1 day ago

The article is basically a TELSA promotion. Pretty gross for Fortune. "Consumers don't want to buy EV's from legacy combustion makers" what total horseshit. That said, that loan was horseshit too. Rivian is a $80k+ price point.

clarkk3n.bsky.social•1 day ago

They literally have lower priced EVs (R2s) coming out next year because of that loan. They’ll start at 40k. A Simple research goes a long way

smartsapper86.bsky.social•1 day ago

Yea for $45K it’s not bad for an EV SUV.

clarkk3n.bsky.social•1 day ago

Yup my bad it’s 45k. It’s almost identical to the larger model

lestatdelc.bsky.social•15 hours ago

The UK and the EU should be banning Tesla.

chiefanjosh.bsky.social•1 day ago

Of course el0n will cut it

iamexhausted.bsky.social•1 day ago

Don’t worry everyone. Musk has been tasked with recusing himself from anything that presents a conflict of interest. /s

nocoup4u.bsky.social•1 day ago

Cramer praises firings of fed employees & claims "These guys are finding stuff!" yet no mention of their ineptitude (firing nuke caretakers, firefighters, shutting down ALZHEIMERS RESEARCH-though he's bragged for yrs abt being on board for brain research 🙄) He is fat cat hypocrite 🥂KAKISTOCRACY.

mtnative.bsky.social•1 day ago

Elon is not doing DOGE for the greater good. He is doing it so he has more. More power and more money.

blurryboy.bsky.social•1 day ago

" in the dying days of .. 😬😵‍💫

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