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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 propogandist on Wednesday November 10, 2021 @06:27PM (#29182379)
you should disclose how much of the net revenue comes from selling tax credits.

Telsa is not making money from vehicles yet from what I recall. Rivian will be a long way away from making money on tax credits.

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Re:Rivian valued at over $100B after biggest IPO of 2021 by panick21_ on Wednesday November 10, 2021 @11:44PM (#29184498)
> Telsa is not making money from vehicles yet from what I recall.

Are you a time traveler from 2015?

Tesla is having industry leading margins. They are currently at almost 30% automotive margin.

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Re:Rivian valued at over $100B after biggest IPO of 2021 by propogandist on Thursday November 11, 2021 @12:36AM (#29184772)
I was remembering an article like the one below [1] on profitability. Looked through Q3 '21 results and it seems they're at ~29% margin, excluding tax credits now

[1] https://www.cnbc.com/2020/07/23/teslas-sale-of-environmental...

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