Re:Rivian valued at over $100B after biggest IPO of 2021
by m0zg on Wednesday November 10, 2021 @08:11PM
(#29183257)
> Nobody who wants a work / camping / towing truck is going to buy a Cybertruck
Yeah, and 1M+ "nobodies" have already put in pre-orders sight unseen, including me. /s
Personally I think Rivian occupies a rather uncomfortable middle ground between a "traditional" truck, a market which will be dominated by Ford, and a "reimagined" truck, a market which will be dominated by Tesla.
I'm sure they'll do reasonably well - rising tide lifts all boats, but perhaps not as well as the established players, unless they have some tricks up their sleeve that we don't know about.
Yeah, and 1M+ "nobodies" have already put in pre-orders sight unseen, including me. /s
Personally I think Rivian occupies a rather uncomfortable middle ground between a "traditional" truck, a market which will be dominated by Ford, and a "reimagined" truck, a market which will be dominated by Tesla.
I'm sure they'll do reasonably well - rising tide lifts all boats, but perhaps not as well as the established players, unless they have some tricks up their sleeve that we don't know about.