Re:Rivian valued at over $100B after biggest IPO of 2021
by panick21_ on Wednesday November 10, 2021 @11:34PM
(#29184448)
> something they are not geared to do
Why? They are vertically integrating the manufacturing including batteries exactly because they are going higher volume lower price.
> Tesla is not apple, they’re not good at making and maintaining products at low cost in massive volume
They have been doing a great job scaling and driving margin for the last couple years and that trend looks to continue, not stopping.
Model Y will likely be the most sold car in the world within 2 years and it will have industry leading margins. Next generation manufacturing in Texan and Berlin will significantly improve margin over current generation.
> and they don’t really seem to be getting better at it
Why? They are vertically integrating the manufacturing including batteries exactly because they are going higher volume lower price.
> Tesla is not apple, they’re not good at making and maintaining products at low cost in massive volume
They have been doing a great job scaling and driving margin for the last couple years and that trend looks to continue, not stopping.
Model Y will likely be the most sold car in the world within 2 years and it will have industry leading margins. Next generation manufacturing in Texan and Berlin will significantly improve margin over current generation.
> and they don’t really seem to be getting better at it
This is just flat out false.