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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 thelastgallon on Wednesday November 10, 2021 @06:34PM (#29182437)
Pickups are #1, #2, #3 selling in the US [1]. There is room for both Tesla and Rivian. Just make them!

I bet the valuations of companies selling horseshoe, saddle, horses, stables, stagecoach, etc was high when Ford started out. Most people at that time may not have understood why Ford is valued so high when good money can be made selling saddles.

Technology evolves. Ford and GM are now the companies making horseshoes and saddles. This is reflected in the insane valuations of pure EV companies. Rooting for both Tesla and Rivian to be successful!

[1] https://www.caranddriver.com/news/g36005989/best-selling-car...

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Re:Rivian valued at over $100B after biggest IPO of 2021 by enos_feedler on Wednesday November 10, 2021 @06:36PM (#29182453)
The interesting thing will be the intersection of people who love trucks and also are willing to go electric. Most of my truck loving friends are in my home town where there is quite literally no teslas and nobody wants anything to do with electric vehicles.
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Re:Rivian valued at over $100B after biggest IPO of 2021 by mrgordon on Thursday November 11, 2021 @12:03AM (#29184590)
Soon they won’t have a choice
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Re:Rivian valued at over $100B after biggest IPO of 2021 by enos_feedler on Sunday November 14, 2021 @01:05PM (#29219066)
Yes eventually, but the key question here is timing. There choice needs to be removed within a window that enables Rivian to own the market. If we are talking 10+ years out (which I think is likely) then Rivian will be dead and EV will be a commodity feature in all other cars.
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Re:Rivian valued at over $100B after biggest IPO of 2021 by dnissley on Wednesday November 10, 2021 @10:35PM (#29184182)
re: top selling vehicles being pick ups -- there's a big asterisk there: A significant portion of those vehicles are barebones, super low-cost work trucks, and on top of that Ford (the top seller) lumps literally all of their F-series together, without breaking them down into F-150, F-250, etc. some of which there will not be an electric replacement for many years.
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Re:Rivian valued at over $100B after biggest IPO of 2021 by WarOnPrivacy on Wednesday November 10, 2021 @11:13PM (#29184344)
Every other vehicle on the road here is a new pickup. Most seem to have been bought for waxing, blinding other drivers and that's about it.
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Re:Rivian valued at over $100B after biggest IPO of 2021 by cblconfederate on Wednesday November 10, 2021 @07:44PM (#29183040)
It is surprising that this is not reflected in valuation of companies making hybrid vehicles
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