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A comment on Rivian valued at over $100B after biggest IPO of 2021. Parent comment

Re:Rivian valued at over $100B after biggest IPO of 2021 by reportingsjr on Wednesday November 10, 2021 @04:01PM (#29180725)
> TSLA can't touch the volume of the top 3

What an odd thing to say. They are at around 1 million cars/year versus Ford's 6 million/year, GM's 6-8 million/year, and Chrysler's 2 million/year.

So Tesla is in the same ballpark of volume as the US big 3 already.

Unless you mean the top 3 worldwide auto manufacturers Toyota, VW, and Hyundai, which aren't /that/ much higher in volume (10.4mio, 10.4mio, and 7.2mio respectively).

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Re:Rivian valued at over $100B after biggest IPO of 2021 by SavantIdiot on Wednesday November 10, 2021 @05:03PM (#29181543)
I think 7.2x-10.4x is the opposite of "not that much higher".

That's the difference between making $100,000 a year or $720,000 a year (or $1,040,000 a year).

Yeah, that's a big difference.

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