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If this company is still worth that much in 2025, the year Amazon is expected to have received all the trucks, I will eat my hat.
by Invictus0 5y ago
If this company is still worth that much in 2025, the year Amazon is expected to have received all the trucks, I will eat my hat.
- dragontamer 5y agoSure. But that doesn't change the fact that Amazon, as a company, clearly likes to vertically integrate and build its own stuff (be it servers, warehouses, or even its own distribution system). Amazon used to rely upon USPS, FedEx, UPS. But what did it do? It built its own. Similarly, Amazon is now looking at the cars it bought for its delivery service, and clearly wants to vertically integrate, by help creating the Rivian company to make those new cars. The valuation may be stupid, but the business plan is solid. Bow down before Amazon, build cars exactly to Amazon's specifications in a way other manufactures cannot... and get Amazon's money. I don't think this business plan is worth $100 Billion, but it sounds like a fundamentally good business plan at its core.