I frankly don't think that very many of the party in power consider the events of the past 48 hours to be a fiasco. And while it's true that Vought hasn't been confirmed yet, the odds are very good that he will be. He is already the Acting Director and his nomination for Director was approved by...
Thanks for the link @Zoidz; it confirms what I suspected.
The new OMB Acting Director, Russel Vought, is the guy in charge of disbursing all Federal money. He has stated publicly that he believes that the President has the authority to withhold the distribution of virtually any money budgeted...
I purchased my Rivian AS tires from a local auto shop that always did good work on my ICE vehicles. Their pricing was only slightly more than it would have been from a national warehouse chain. The shop also mounted and balanced the tires on after-market wheels that I purchased elsewhere, and...
They likely didn't, and the language of the loan agreement is probably more than merely legally sufficient. What's happened here is that an Executive Order blocked the disbursement of the funds associated with loan. The courts will have the final say, and in fact the EO has already been stayed...
A bit off topic. so apologies in advance.
I don't usually get the latest update until several weeks after its release, which gives me ample time to review the posts about the effects of the update. After reading about undesirable, and often underwhelming changes associated with many updates, I...
This is really interesting reading, particularly if you are a fan of Eric Arthur Blair:
UNLEASHING AMERICAN ENERGY - EXECUTIVE ORDER
It's going to be tough for the Administration to completely eliminate EV's, but as the EO illustrates, they are going to try quite hard to do just that, and to...
While the Administration's actions in freezing Federal funding will be felt by nearly all "green" manufacturers, I suspect that the some of the biggest impact will be to the expansion of the public fast charging network.
Much of the planned expansion and upgrade of the public charging network...
It seems unlikely that Rivian will restart the GA plant with the assistance of the DOE loan funding, the nominally binding agreement notwithstanding. A recent EO has paused the disbursement of nearly all of the funding associated with the "green" initiatives of the prior administration, and this...
Your point about the Executive branch writing the check is both valid and important. The new Administration has in fact already ordered that the Treasury not disburse "green" funding, including the Rivian DOE loan, with yesterday's executive order. I'm not a constitutional scholar, so don't know...
The Rivian loan is supposed to be binding and is, in theory, not subject to roll back without Congressional action. That will not stop the new Administration from trying, as one recent article on the subject points out:
"The president has ordered that federal agencies stop spending money...
Tesla has many more advantages than other EV makers, and IMO, can much more easily survive the blitz of EOs of the new Administration intended to roll back anything green. I suspect the EO's are being encouraged, and represent a calculated gamble by Tesla that could well turn out to be brilliant...
It looks like the anticipated rollback has already begun. So far, it looks like the EO only effects NEVI funding, but I suspect that a larger effort that will block the DOE loan funds will follow. The excerpt below is from an article in today's NY Times (behind a soft paywall).
". . . An...
I would think yes. Any "green" funding, grants or loans, including (and perhaps especially) NEVI funding, could and IMO, likely will be challenged, impeded and/or delayed, possibly denied. Again, speculation, and we will just have to see how things unfold.
While the terms of the loan could nominally make it difficult to terminate, that's not a guarantee it can't be challenged in court by the incoming Administration. I would think that if this happens, the administration will request an injunction that stays the implementation of the loan while the...
While the loan agreement is nominally good news for Rivian, there are certainly questions about whether the incoming Administration will allow it to proceed. A cynic might even say that Rivian is unlikely to ever see any of the funding contemplated under the loan agreement.
If for example, the...
This is my impression (that the system was faster prior to the relatively recent animations being added) as well. I write this strictly as a user, with no software tech background My impression is also that screen sensitivity has gotten worse recently, with a much firmer touch required, again...
I've posted in the past that I was not optimistic that the Rivian loan agreement would be finalized before 20 January. I'm happy that my lack of optimism appears to have not been warranted.
The Bloomberg article seems to indicate the parties are at the finishing line, and that we may see an...
Is there any indication of whether the 2024.51.0 update will include the long-promised ability for the user to be able to set their own wheel/tire sizing?
Zero Rivian presence at the Philadelphia Auto Show. Sigh . . .
Yes I know that it's expensive to participate in auto shows, but it's not like Rivian is spending a bundle advertising. Perhaps it's because Rivian sales in the Philly region are already pretty decent, with no advertising.