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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 onlyrealcuzzo on Wednesday November 10, 2021 @05:24PM (#29181759)
No - they'd still need to get their profit margin to be ~25% instead of ~10%.

Tesla can definitely sell more vehicles OR increase margin - but it will be substantially more challenging to do both at the same time over a short horizon (10 years).

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Re:Rivian valued at over $100B after biggest IPO of 2021 by random314 on Thursday November 11, 2021 @01:57AM (#29185209)
Tesla is operating at significantly over 10% per car profit as per estimates. A report earlier this year estimated almost 30%.

https://www.teslarati.com/tesla-record-q1-2021-gross-margin-...

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