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A comment on Rivian valued at over $100B after biggest IPO of 2021. Parent comment
1. Significantly reduced energy costs
2. Significantly reduced maintenance, not even oil changes
3. Significantly longer car life, because of having barely any moving parts.
Most of the car parts that go bad in the 100K-300K mile range don't even exist in a Tesla.
Tesla is production limited, not demand limited in its sales. Just the model 3, model y and cybertruck will get them to 4M per annum - no problem.
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1. Significantly reduced energy costs
2. Significantly reduced maintenance, not even oil changes
3. Significantly longer car life, because of having barely any moving parts.
Most of the car parts that go bad in the 100K-300K mile range don't even exist in a Tesla.
Tesla is production limited, not demand limited in its sales. Just the model 3, model y and cybertruck will get them to 4M per annum - no problem.