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Rivian downsizes its goals for its EV factory in Georgia
TechDraft

Rivian scales back Georgia EV factory capacity targets amid revised DOE funding deal

The electric vehicle maker has scaled back its production targets for its electric vehicle factory in Georgia to an annual capacity of 300,000 units, down from the original plan of 400,000 units. This reduction follows a revised loan agreement with the US Department of Energy, which will provide $4.5 billion instead of the originally agreed $6.6 billion. Despite the lower funding, the company aims to achieve this capacity sooner than initially planned, with vertical construction starting this year and production expected in late 2028.

Musk v. Altman Kicks Off, DOJ Guts Voting Rights Unit, and Is the AI Job Apocalypse Overhyped?
TechDraft

Federal trial between Elon Musk and OpenAI leadership begins in Oakland as DOJ voting rights unit faces restructuring

A federal jury trial has commenced in Oakland, California, addressing allegations that OpenAI deviated from its founding mission and misled Elon Musk regarding his financial contributions. Concurrently, a new report indicates the Department of Justice has significantly altered its voting rights section, raising questions about the future of election enforcement.