Re:Rivian valued at over $100B after biggest IPO of 2021
by jclardy on Wednesday November 10, 2021 @04:43PM
(#29181314)
Yeah I agree, I feel the Cybertruck design was primarily to get their cost down to $39k (Which with the pricing of the M3 now starting at $45k, there is no way the CT will hit that.) But what people really want is just a normal truck, but electric. That is why Tesla is at the top of the electric car market, nobody was making a "normal" looking electric car. Both Ford and Rivian took up that segment for pickup trucks, so it'll be interesting to see how this affects Tesla.
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Re:Rivian valued at over $100B after biggest IPO of 2021
by mcot2 on Wednesday November 10, 2021 @06:31PM
(#29182419)
It has zero affect. They will sell every single vehicle they can make for a decade. If by then, people think the design is weird they will build a traditional truck.
The hard part is scaling battery cell production. The shell of the vehicle is easy to change out if people are not buying it.