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A comment on Rivian Joins Forces with Tesla, Embracing Their Charging Standard for EVs. Parent comment

Re:Rivian Joins Forces with Tesla, Embracing Their Charging ... by HWR_14 on Tuesday June 20, 2023 @12:56PM (#36406943)
I mean, that same sentence structure justifies a lottery based retirement plan. You only have to get the numbers once after all.

I haven't seen any evidence they are able to make cars more cheaply and quickly than the incumbents.

[ Parent | on HN ]
Re:Rivian Joins Forces with Tesla, Embracing Their Charging ... by MattRix on Tuesday June 20, 2023 @02:16PM (#36408204)
Just look up the margins on Tesla’s cars vs EVs from other manufacturers. For example, Tesla’s net profit margin in Q1 2023 was 13%, meanwhile Ford is hoping that their electric vehicle division can get to 8% net profit by 2026 (they currently lose money on them)
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Re:Rivian Joins Forces with Tesla, Embracing Their Charging ... by HWR_14 on Tuesday June 20, 2023 @05:38PM (#36411043)
Aren't those margins including amortization of capital expenses? And don't those decrease as cars/year goes up?
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