Biden’s $6.6 Billion Loan to Rivian Criticized by Elon Musk’s DOGE Partner Vivek Ramaswamy
Elon Musk’s DOGE partner Vivek Ramaswamy blasts $6.6 billion Biden loan to Tesla rival Rivian Donald Trump’s designated government efficiency co-czar, Vivek Ramaswamy, signaled his intention to scrutinize a loan granted by the Biden administration to EV manufacturer Rivian, a rival of Tesla. Ramaswamy, the founder of several biotech firms collectively known as the “Vants,” […]
Biden to implement restrictions on U.S. citizens assisting China’s AI industry in talent acquisition
Biden to stop U.S. citizens from helping China’s AI sector find talent The U.S. Treasury Department, seeking to keep the Chinese military from gaining an edge in advanced technologies, issued a rule Monday to restrict and monitor American investments in China in artificial intelligence, computer chips and quantum computing. The finalized rule arises from an executive order […]
Tesla stock jumps as optimism grows around Q3 earnings and ‘robotaxi day’
Tesla stock surges amid optimism on Q3 earnings, ‘robotaxi day’ October is set to be a critical month for Tesla[/hotlink]. It’s been a rough year for the EV maker’s stock, but a new optimism related to next week’s Q3 earnings release helped drive shares up 5% on Monday, erasing their previous year-to-date losses. The recent […]