Re:Rivian valued at over $100B after biggest IPO of 2021
by edmundsauto on Wednesday November 10, 2021 @08:13PM
(#29183275)
The nice thing about the traditional automakers’ shortcomings is they are visible before you buy the car. I prefer knowing what the trade offs are.
With Tesla, I feel like an Elon edict could pull all spare parts from repair stations in order to hit new order goals. Or some other nonsense; it would be impactful and unexpected.
There is still uncertainty even with a major auto mfg, but I expect their institutional knowledge to be better and less subject to the whims of Mr. Musk.
Re:Rivian valued at over $100B after biggest IPO of 2021
by rconti on Friday November 12, 2021 @12:13AM
(#29196497)
Fair. I've had no such issues in the 3.5 years with the car, but certainly "will they still be in business in 6 months" was a real concern leading up to the purchase.
With Tesla, I feel like an Elon edict could pull all spare parts from repair stations in order to hit new order goals. Or some other nonsense; it would be impactful and unexpected.
There is still uncertainty even with a major auto mfg, but I expect their institutional knowledge to be better and less subject to the whims of Mr. Musk.