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“All Rivian has to do is build a ton of them, handle service and repairs, and not run out of money.” I honestly wish them the best of luck. Those are a bunch o
by chairmanwow1 5y ago
“All Rivian has to do is build a ton of them, handle service and repairs, and not run out of money.”
I honestly wish them the best of luck. Those are a bunch of hard things to get right and definitely the things established brands have in their favor. It will be better for the world if we can have more electric options.
- m463 5y agoSeems like a funding problem, and I wonder if investor sentiment for electric vehicles will help. During the dot-com boom, investors were clamoring to fund all kinds of companies.
- deleted 5y ago[deleted]
- mchaynes 5y agoConsidering they’re the supplier for amazons electric delivery vehicle fleet, I doubt they’ll run out of money
- belltaco 5y agoThey need profits, not just revenue, and Amazon is known for squeezing suppliers.
- ZeroGravitas 5y agoI think Amazon is invested too. But even as a customer, EV delivery is a big cost saver and competitive advantage for Amazon. They o Lu way they'd let them fail is if they could buy electric trucks cheaper elsewhere.
- dralley 5y agoAmazon hires contractors for delivery services, and they go bust all the time due to insane demands and low margins. Providing services for Amazon is not a ticket for the gravy train.
- ra7 5y agoAmazon is also a significant investor in Rivian.
- fastball 5y agoBusinesses frequently fail due to cashflow management issues, revenue is not a golden ticket.
- donw 5y agoAnd hire a competent designer.