Elon Musk's DOGE Co-Lead Already Targeting Tesla Rivals? Vivek Ramaswamy Flags Stellantis' $7.5B Loan Days After Criticizing Rivian's $6.6B Loan
Elon Musk's DOGE Co-Lead Already Targeting Tesla Rivals? Vivek Ramaswamy Flags Stellantis' $7.5B Loan Days After Criticizing Rivian's $6.6B Loan
Ramaswamy specifically highlighted concerns about the Advanced Technology Vehicles Manufacturing (ATVM) loan program, noting that the Government Accountability Office had recommended its termination in 2014 for being duplicative. "Instead Biden expanded the program, allowing ~$55BN to be squandered under the Inflation Reduction Act," he stated.Vivek Ramaswamy, the newly nominated co-lead of the Department of Government Efficiency or DOGE, has intensified his criticism of the President Joe Biden administration's electric vehicle loans, targeting a $7.5 billion loan to StarPlus Energy, a joint venture involving Stellantis N.V. (NYSE:STLA), just days after questioning a $6.6 billion loan to Tesla Inc. (NASDAQ:TSLA) rival Rivian Automotive Inc (NASDAQ:RIVN).
新任政府效率部共同領導Vivek Ramaswamy加大批評總統喬·拜登政府的電動車貸款，近日將矛頭指向一筆涉及Stellantis N.V.（NYSE:STLA）的StarPlus Energy的75億美元貸款，該貸款是一家合資企業的聯合創業公司，在對特斯拉公司（NASDAQ:TSLA）的競爭對手Rivian Automotive Inc（NASDAQ:RIVN）的66億美元貸款提出質疑後不久。
What Happened: "Biden's midnight spending spree is illegitimate & should be rescinded," Ramaswamy wrote on X on Tuesday, pointing to the Department of Energy's latest loan announcement.
發生了什麼：「拜登的午夜瘋狂支出是非法的，並應該被撤銷，」Ramaswamy週二在X上寫道，指着能源部最新的貸款公告。
The timing is particularly notable as it comes amid leadership turmoil at Stellantis, following CEO Carlos Tavares' abrupt resignation on Monday over "different views" with the board.
此時機尤爲顯着，因爲此舉發生在Stellantis的領導層動盪之際，此前CEO卡洛斯·塔瓦雷斯因與董事會「看法不同」而在週一突然辭職。
Ramaswamy specifically highlighted concerns about the Advanced Technology Vehicles Manufacturing (ATVM) loan program, noting that the Government Accountability Office had recommended its termination in 2014 for being duplicative. "Instead Biden expanded the program, allowing ~$55BN to be squandered under the Inflation Reduction Act," he stated.
Ramaswamy特別強調了高級技術交通工具製造（ATVM）貸款計劃的擔憂，指出政府問責辦公室已於2014年建議終止該計劃，因爲其具有重複性。「但拜登卻擴大了該計劃，允許在通貨膨脹減少法案下揮霍了大約550億美元，」他說。
Biden's midnight spending spree is illegitimate & should be rescinded. The Department of Energy just announced a staggering $7.5BN loan to StarPlus, a JV that includes Stellantis (whose CEO resigned just yesterday). The money comes from the ATVM loan program, which the GAO called...
— Vivek Ramaswamy (@VivekGRamaswamy) December 3, 2024
拜登的午夜瘋狂支出是非法的，並應該被撤銷。能源部剛剛宣佈向StarPlus提供了驚人的75億美元貸款，這是一個包括Stellantis（其CEO昨天剛剛辭職）的聯合創業公司。資金來自ATVm貸款計劃，問責辦公室稱之爲…
— Vivek Ramaswamy (@VivekGRamaswamy) 2024年12月3日
Why It Matters: The scrutiny of these loans comes at a critical time for the EV industry. Rivian has yet to achieve profitability, though it aims to generate its first gross profit in the current quarter.
爲什麼重要：對這些貸款的審查正值電動車行業關鍵時期。Rivian尚未實現盈利，儘管它的目標是在本季度產生首筆毛利潤。
Meanwhile, Stellantis faces its challenges, including a 27% revenue decline to 33 billion euros in the third quarter and potential impacts from proposed tariffs on Mexican imports.
與此同時，Stellantis面臨着挑戰，包括第三季度銷售額下降了27%，至330億歐元，並可能受到對墨西哥進口商品徵收關稅的影響。
The Department of Energy has defended its loan program, citing Tesla's successful 2010 loan repayment as evidence of the program's effectiveness.
能源部爲其貸款計劃辯護，以特斯拉成功的2010年貸款償還作爲該計劃有效性的證據。
However, Ramaswamy suggests potential political motivations behind the recent loans, particularly given the tensions between the Biden administration and Tesla CEO Elon Musk.
然而，Ramaswamy指出最近的貸款可能存在潛在的政治動機，特別是考慮到拜登政府和特斯拉首席執行官埃隆·馬斯克之間的緊張關係。
This was recently highlighted in California, where Governor Gavin Newsom proposed excluding Tesla from state EV incentives despite it being the only EV manufacturer in the state.
最近加州的一起事件中凸顯了這一點，州長加文·紐森提議將特斯拉排除在州內的EV激勵政策之外，儘管特斯拉是該州唯一的EV製造商。
Ramaswamy pledged to "carefully scrutinize every one of these questionable 11th-hour transactions" when he assumes his role alongside Musk following President-elect Donald Trump's inauguration on Jan. 20.
Ramaswamy承諾在他於1月20日擔任職務，與馬斯克一起跟隨即將上任的特朗普總統後，「仔細審查這十一時辰可疑的全部交易」。
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