[tk21]

Ford, Amazon-Backed Tesla Rival Rivian Nears Deal To Build $5B EV Factory In Texas: Report

Amazon.com Inc (NASDAQ: AMZN) and Ford Motor Co (NYSE: F)-backed electric vehicle maker Rivian is in advanced talks to invest at least $5 billion to build an electric vehicle factory near Fort Worth, Texas,

www-benzinga-com.cdn.ampproject.org

 

[lefkonj]

Not surprising. Land is much cheaper down there along with the tax structures.

 

[Wildabeest]

Hopefully this will get TX lawmakers to rethink their stupid dealer franchise laws!

 

[TT97]

Hopefully this will get TX lawmakers to rethink their stupid dealer franchise laws!

Why would they? If Rivian builds their plant there, TX will have two companies building cars there they can’t sell in the state. What incentive would they have to change their archaic laws?

 

[Ervin Hagerup]

I have to say, Launch Green looks like Drilling mud or a ship's bottom paint. I will pass on this color.
Thanks,
Erv

 

[MilesK]

I have to say, Launch Green looks like Drilling mud or a ship's bottom paint. I will pass on this color.
Thanks,
Erv

Hey @Ervin Hagerup, which color are you planning on getting for your R1S/R1T?

 

[headless]

Great state....very business friendly. Don't blame them for getting into a red state.