The newly christened "government efficiency" czar criticized federal loans to two of Elon Musk's competitors on Monday.
Plus, Stellantis gets a $7.5 billion loan for building batteries, and GM backs out of its nearly-completed battery plant.
The Biden administration is providing financing for two battery factories being built by Stellantis and Samsung, as well as a ...
Some GOP lawmakers want to make sure Department of Energy financing supports all energy sources. Others want to kill the loan office altogether.
But the initial boost seems to be drying out. Yesterday, workers at Tesla ’s Austin factory, which assembles the Cybertruck, ...
Vivek Ramaswamy, co-leader of the Department of Government Efficiency, has ramped up criticism of the Biden administration's ...
Rivian received the loan in November from the Department of Energy, but Ramaswany claims it is a "political shot" at Elon ...