26.12.2024 15:00:00
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A Deeper Dive Into 2 Huge Rivian Victories
While 2025 could shape up into a rather quiet year for Rivian Automotive (NASDAQ: RIVN), with a lack of major launches or catalysts, the end of 2024 has been anything but muted. Investors have to digest potential tariffs ands the impact of potentially losing the $7,500 federal tax credit for electric vehicles (EVs).On the positive side, Rivian also was looking at a huge Volkswagen joint venture, valued up to $5.8 billion, as well as a Department of Energy (DOE) conditional commitment for a $6.6 billion loan. Let's dig a little deeper into the Volkswagen joint venture and the DOE loan to see whether they're as solid as we think.When it comes to the Volkswagen deal, the global automaker has already put some of its money where its mouth is, in terms of the joint venture.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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