Rivian Automotive Inc.Rivian Automotive Inc.Rivian Automotive Inc.

Rivian Automotive Inc.

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New budget talks indicate potential repeal of electric vehicle tax credits, impacting Rivian Automotive. Consumer credits could end soon, while business credits may be gradually removed.
After Rivian Automotive's earnings report, Stifel raised its price target to $18, maintaining a 'Buy' rating, while Bernstein set a target of $7.05, rating it 'Sell'.
Rivian Automotive obtained a $6.57 billion loan for a new Georgia plant to produce smaller, affordable electric vehicles starting in 2028, finalized during President Biden's last weeks in office.
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