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Doesn't that kind of confirm my point though? VW's having to invest huge amounts of their revenue while Rivian's going around burning VC/investor cash without
by rkomorn 1y ago
Doesn't that kind of confirm my point though?
VW's having to invest huge amounts of their revenue while Rivian's going around burning VC/investor cash without a care in the world for profitability.
- constantcrying 1y ago>Doesn't that kind of confirm my point though? I was just answering your question. VW clearly has the money and is willing to spend it. >Rivian's going around burning VC/investor cash without a care in the world for profitability. I believe that a huge part of the VW deal with Rivian was that they needed more money. Making cars is expensive and Rivian can not succeed on investments alone.