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A comment on Rivian S-1. Parent comment

Re:Rivian S-1 by mrgordon on Friday October 01, 2021 @07:49PM (#28724676)
Yes Lucid Motors is at half the valuation and doesn't rely on only one customer who may not purchase any vehicles. I think this IPO will not go super well due to the valuation and Lucid will ultimately benefit from the attention.

I'm surprised they didn't price a bit lower so they could guarantee a first day pop. At this price, many of the people I know who have loved Rivian for years will not be buyers. I'll be curious if there are enough others to support the valuation. I believe it will be the second most valuable car company after Tesla?

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Re:Rivian S-1 by wandering_rhino on Friday October 01, 2021 @08:19PM (#28724812)
just curious . what is lucid doing unique. they seem to be a straight copy of Tesla. any company going public through SPAC kind of indicates they just want to cash out on the current craze and may not offer long term value.
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Re:Rivian S-1 by lastofthemojito on Saturday October 02, 2021 @10:42AM (#28728945)
Lucid's drivetrain seems to be more efficient than Tesla's, to the point where some Tesla fans have assumed Lucid must be lying about their battery size: https://old.reddit.com/r/lucidmotors/comments/pq0xof/tesla_f...

I guess we'll see for sure once these cars get torn down and analyzed by third parties, but Lucid's drivetrain tech does look fairly promising so far.

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