If I owned a Tesla right now, I’d be in a bad situation. I sure as hell no longer want to be seen in one. The market for them has crashed, and nobody wants to buy one used. If I could afford a Tesla, I’d surely have insurance… I’d be rooting for somebody to set that shit on fire
Why not? I made a lot of money from Tesla. If Rivian follows the same path, I will again. I am a tech early adopter, I’m willing to do these things. My Tesla was amazing for 7 years. I got an ok price for it. The price was good enough to buy an Audi which is one year younger.
Also, I doubt RJ Scaringe is going to stage a coup to own the US. Elon has set a fascist bar that nobody can clear.
Rivian doesn’t have first mover advantage if you’re talking about stocks.
True, but that usually doesn’t matter. They’re using the same playbook, but their product is much better. There is plenty of room in the EV market for more profitable innovation.