Re:Rivian valued at over $100B after biggest IPO of 2021
by panick21_ on Thursday November 11, 2021 @12:02PM
(#29190253)
Ford until literally a few months ago believed that they could buy all required batteries on the open market. Literally their CEO was in 2020 claiming the market would just provide unlimited batteries.
Their new CEO came in and realized the insanity and they are now copying what Tesla did in 2014.
GM at least copied what Tesla did in 2014 in 2019 and they now have their own factory being finished right now.
You can't just make a bunch of cars and say 'this low volume car proves X/Y'. These cars need supply chains.
Ford own battery factories (with a partner) will not produce cells for multiple years and until then they have to buy very limited open supply that is heavily contested.
In comparison Tesla is building its own cells literally in the same building as the Cybertruck. They are vertically integrating into cathode and anode production as well.
> F-150 Lightning has the potential to leave the Cybertruck stillborn
Delusional. Look at their own projections for F-150 Lighting sales. Both Ford and Tesla will sell every truck they can produce, that is not really questionable.
There is LITERALLY 0 chance Ford can produce enough to cover demand.
Tesla will be in a position to produce far more Cybertrucks, they literally have battery production in the same building and they have been working on battery supply chain for a decade. They are by far the largest consumer of lithium batteries on the planet.
Their new CEO came in and realized the insanity and they are now copying what Tesla did in 2014.
GM at least copied what Tesla did in 2014 in 2019 and they now have their own factory being finished right now.
You can't just make a bunch of cars and say 'this low volume car proves X/Y'. These cars need supply chains.
Ford own battery factories (with a partner) will not produce cells for multiple years and until then they have to buy very limited open supply that is heavily contested.
In comparison Tesla is building its own cells literally in the same building as the Cybertruck. They are vertically integrating into cathode and anode production as well.
> F-150 Lightning has the potential to leave the Cybertruck stillborn
Delusional. Look at their own projections for F-150 Lighting sales. Both Ford and Tesla will sell every truck they can produce, that is not really questionable.
There is LITERALLY 0 chance Ford can produce enough to cover demand.
Tesla will be in a position to produce far more Cybertrucks, they literally have battery production in the same building and they have been working on battery supply chain for a decade. They are by far the largest consumer of lithium batteries on the planet.
Cybertruck will outsell F-150 for a long time.