Rivian Automotive (RIVN) and Plug Power (PLUG) may receive billions of dollars in financing from the outgoing US administration before Donald Trump assumes office next week, Bloomberg reported late Wednesday, citing people familiar with the matter.
The Department of Energy plans to provide a $1.7 billion loan guarantee for Plug Power to build hydrogen plants, as well as close a federal loan for Rivian's Georgia manufacturing facility, potentially worth around $6.6 billion, the report said.
The Department of Energy plans to announce the financing on Thursday, the report said.
Vivek Ramaswamy, who is set to lead the Department of Government Efficiency in the new Trump administration, criticized the financing for Rivian in a post on social media platform X, calling it "more like a political shot across the bow" at Elon Musk and Tesla (TSLA).
When inquired by Bloomberg, the Energy Department and the companies did not immediately respond to requests for comment.
Rivian and Plug Power did not immediately respond to requests for comment from MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。