Why RIVN is Poised to Thrive in a Contentious Trade War
Subtle Rivian Stock Buildup Could Be a Sign of Coming Growth
Rivian Automotive Inc. (RIVN) has quietly been accumulating a large amount of shares of its own stock in recent months, a move that could be a sign that the electric vehicle maker is preparing for a period of sustained growth.
State of Illinois Incentives
One of the key reasons why Rivian is poised to thrive in a contentious trade war is the company's strong presence in the state of Illinois. The state has offered Rivian a number of incentives to locate its manufacturing plant in Normal, Illinois, including a $1.5 billion tax credit and a $1 billion loan.
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