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Benzinga

Business

Kaustubh Bagalkote

Elon Musk's DOGE Co-Lead Already Targeting Tesla Rivals? Vivek Ramaswamy Flags Stellantis' $7.5B Loan Days After Criticizing Rivian's $6.6B Loan

Vivek Ramaswamy Elon Musk Stellantis Rivian Tesla Inc. DOGE Joe Biden the Department of Government Efficiency the Department of Energy electric vehicle

Vivek Ramaswamy, the newly nominated co-lead of the Department of Government Efficiency or DOGE, has intensified his criticism of the President Joe Biden administration’s electric vehicle loans, targeting a $7.5 billion loan to StarPlus Energy, a joint venture involving Stellantis N.V. (NYSE:STLA), just days after questioning a $6.6 billion loan to Tesla Inc. (NASDAQ:TSLA) rival Rivian Automotive Inc (NASDAQ:RIVN).

What Happened: “Biden’s midnight spending spree is illegitimate & should be rescinded,” Ramaswamy wrote on X on Tuesday, pointing to the Department of Energy’s latest loan announcement.

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Top stories on inkl right now

‘Not exactly his favorite senator’: Susan Collins distances herself from Trump in Maine debate

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Haiti postpones elections indefinitely as gang violence hampers preparations

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Texas Mum Holly Flores Accused of Stabbing Husband in Head as Two Children Found With Chest Wounds

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International Business Times UK

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Philadelphia Eagles great Lane Johnson abruptly retires citing ‘mental health’

Philadelphia Eagles great Lane Johnson abruptly retires citing ‘mental health’

The six-time Pro Bowl right tackle says he is stepping away after 14 seasons to focus on his mental health and spend more time with his family

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Bar where Jane Doe says she drank before going to Cornell fraternity says it didn’t serve her

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Top stories on inkl right now

‘Not exactly his favorite senator’: Susan Collins distances herself from Trump in Maine debate

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Republican challenged by Democrat Troy Jackson in critical Senate race says she opposes Iran war and Canada tariffs

The Guardian - US

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Texas Mum Holly Flores Accused of Stabbing Husband in Head as Two Children Found With Chest Wounds

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Holly Leeann Flores was arrested in Northlake after police said her husband and two young children suffered stab wounds. Investigators are examining the incident and its possible motive.

International Business Times UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Philadelphia Eagles great Lane Johnson abruptly retires citing ‘mental health’

Philadelphia Eagles great Lane Johnson abruptly retires citing ‘mental health’

The six-time Pro Bowl right tackle says he is stepping away after 14 seasons to focus on his mental health and spend more time with his family

The Guardian - US

Bar where Jane Doe says she drank before going to Cornell fraternity says it didn’t serve her

Bar where Jane Doe says she drank before going to Cornell fraternity says it didn’t serve her

‘Moonies employees strictly followed the rules and did not serve alcohol to any underaged guests,’ the bar said in a statement

The Independent UK

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