Automaker Rivian pauses construction of its $5 billion electric truck plant in Georgia
ATLANTA (AP) — The CEO of Rivian Automotive announced Thursday that the electric truck maker is pausing construction of its $5 billion manufacturing plant in Georgia to speed production and save money.
State and local governments were projected to spend more than $125 million to buy the nearly 2,000-acre (810-hectare) site near Social Circle for Rivian, clear trees and grade land, documents show. That work has been finished, with the state turning the site over to Rivian. The state also has completed most of $50 million in roadwork that it pledged. But signs for Rivian Parkway at a new traffic signal on U.S. 278 had been removed Thursday.
https://apnews.com/article/rivian-ev...75b42ce7c051d7
I'm sure all the tax payers of Georgia are running right out to buy this stock.
The green grift continues.