Republicans have long opposed the $7,500 federal tax credit for electric vehicles contained in the Inflation Reduction Act.

Tesla Inc. shares (TSLA) also headed south, but to a lesser degree, as Tesla is seen as less dependent on the $7,500 tax credits than competitors - and is also expected to benefit from the new ...

Trump's transition team is looking to do away with the $7,500 tax credit for EV sales as part of broader tax legislation, ...

Rivian Automotive is expected to see limited growth in 2025 when compared to other EV names. Read why I remain bearish on ...

U.S. stocks drifted to a mixed finish after the latest inflation update boosted hopes that more help for the economy will ...

Although the deal will dilute existing Rivian shareholders to some extent, on balance it's hugely bullish for the company. The Volkswagen deal ensures that Rivian will have ample cash to launch its ...

U.S. stocks drifted near their records after the latest inflation update boosted hopes that more help for the economy will ...

VW’s capital to Rivian isn’t guaranteed, and neither is the success of the joint venture. Major automotive tie-ups don’t ...

Rivian has closed a deal with Volkswagen to form a new joint venture. The deal gives Rivian a big cash infusion ahead of a ...

The electric-vehicle startup's shares jumped 14% premarket after its joint venture with Germany's Volkswagen (XE: VOW3) was [upsized to $5.8 billion](https:/ ...

Volkswagen will invest up to $5.8 billion in Rivian stock and a joint venture—up from a $5 billion deal value envisaged when ...