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,” is due to take charge of the quasi-official Department of Government Efficiency, or DOGE, once Trump is sworn in. Together with DOGE co-leader Elon Musk, CEO of Tesla, their task is to radically reduce the size of the U.S. government by slashing regulations, sacking federal employees, and eliminating waste in the system with a goal of lopping $2 trillion from the budget.
