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100% - I want Lucid & Rivian to succeed, I just don't want to spend 80-150K to be their beta tester. People vastly under estimate how hard scaling is. Tesla w
by steveBK123 4y ago
100% - I want Lucid & Rivian to succeed, I just don't want to spend 80-150K to be their beta tester. People vastly under estimate how hard scaling is. Tesla was producing ~5-10K cars for many years before they hit the 100K level with the Model 3. It could be 5 years for Lucid & Rivian to become regularly available, serviceable car brands like Tesla just started to become in say 2019 or so.
I personally don't think anyone should be taking on a loan / spending any large % of their income buying from them and planning for them to be your primary vehicle. They are sufficiently low volume & high risk to remain rich man toys for a while!
Even when I bought in 2018 it felt a bit unsteady, with plenty of valid rumors they were going to fold.. including Musk later saying they were days away from bankruptcy during the Model 3 ramp up!
- throwaway894345 4y agoIn fairness, Tesla had to solve all of the hard problems from scratch. They paved the way for other EV manufacturers, so those other manufacturers should have an easier time.
- steveBK123 4y agoThe crazy thing is that Lucid & Rivian were only founded a few years after Tesla.. So while in theory it should be easier now, I don’t think it has been in practice