News Summary

• Rivian and Lucid both make specific and multiple mentions of the One Big Beautiful Bill Act (OBBBA) in the risk factors section of their 10Qs.
• Ford and GM also make mention of the OBBBA, although both spend more time talking about the potential effects of tariffs.
• Blade, the helicopter ride-share business, went public via a merger with a blank-check company.
• The deal is worth up to $125 million and includes the Blade brand and its passenger business.