Re:Rivian valued at over $100B after biggest IPO of 2021
by specialist on Thursday November 11, 2021 @01:27AM
(#29185050)
Yes and:
> will be 100% electric with their own batteries
And their own mines. From my casual reading, only the Chinese manufacturers will have comparable integration, economies of scale, efficiencies.
Even so, I think you are still understating Tesla's many competitive advantages.
The biggest one, IMHO, is Tesla insurance. As Warren Buffet has shown with Geico, this is among the lowest cost capital available. Meaning Tesla will have even better financials than their competitors.
It's such an obvious idea. It still baffles me why GM chose loans over insurance, GMAC, all those years ago.
> will be 100% electric with their own batteries
And their own mines. From my casual reading, only the Chinese manufacturers will have comparable integration, economies of scale, efficiencies.
Even so, I think you are still understating Tesla's many competitive advantages.
The biggest one, IMHO, is Tesla insurance. As Warren Buffet has shown with Geico, this is among the lowest cost capital available. Meaning Tesla will have even better financials than their competitors.
It's such an obvious idea. It still baffles me why GM chose loans over insurance, GMAC, all those years ago.