The Booty Report

News and Updates for Swashbucklers Everywhere

Arrr! Biden be tossin’ $6.6 billion doubloons to Rivian to spark life in a sleepy Georgia shipyard o’ electric chariots!

2024-11-29

Arrr, matey! On the morrow of Tuesday, the Biden crew be tossin' a chest o' gold worth $6.6 billion to Rivian, the shipbuilders of electric chariots! They be hopin' to hoist their paused factory sails in Georgia. Without this doubloon, their dreams be sunk deeper than Davy Jones’ locker!

Ahoy, me hearties! Gather 'round as I spin ye a yarn 'bout a grand endeavor in the land of electric chariots! On a fine Tuesday morn, the Biden crew, bless their sails, be announcing a bountiful treasure of $6.6 billion in doubloons cast forth to Rivian Automotive from the good ol’ Department of Energy. Aye, this treasure be aimed at hoisting the sails on a factory in the wilds of Georgia, where they be slackin' on their shipbuilding since the profit tides ran low.

Now this loan be a mighty crucial lifeboat for our EV mates at Rivian, who found themselves caught in a storm of unprofitability and paused their mighty construction. Their ship's future now hangs in the balance, swaying like a drunken sailor, dependin' on whether this loan sets sail before the winds of presidential change blow through the land. Rivian, ye see, has caught the eye of many a landlubber after crafting grand ships of the electric sea, but they be needing this gold to avoid sinkin’ into the depths of despair.

So, raise yer tankards and toast to Rivian, may they find their way back to smoother waters and let not their dreams of conquest be dashed on the rocks!

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