Rivian Upsizes and Extends Credit Facility
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/2/2026
- Wall Street futures fall as oil, Treasury yields rise on Iran tensions
- Oil prices fall after hitting over one-month high; traders weigh supply risks
- Dell again lifts annual forecasts as AI demand powers record results
- Uber stock gains 2% as tech giant cuts 3,300 jobs in major restructuring
- Berkshire’s Abel says data centers are energy opportunity
- GoPro to merge with Starman Optical in $285M recapitalization deal
- GoPro (GPRO) Halted, News Pending
- Wall Street ends lower as higher yields, rising oil prices mark shaky start to September
- Gap taps Coach architect Reed Krakoff for $29.95-$498 handbag line
- S&P Global shares rise on report of possible CapIQ spinoff
Rivian (RIVN) and VW added to list of vehicles eligible for IRA tax credits
April 20, 2023 2:33 PM EDTEarlier this week, the IRS began enforcement of new rules governing which vehicles qualify for tax credits under the Inflation Reduction Act (IRA). The program provides an incentive of up to $7,500 for the purchase of a new battery-electric vehicle and plug-in hybrid EVs. The program requires a certain level of domestic content in those cars' battery packs. As a result, many previously qualifying vehicles lost their eligibility, including models made by Rivian (NASDAQ: RIVN) and Volkswagen.
When the rules went into effect on April... More
