Electric Car Companies other than Tesla
What’s the expectation from the electric car startups other than Tesla? Companies like Fisker, Lucid and Rivian? They all pay lower than the tech companies in Cal but offer a lot of rsu’s. Is the expectation that their share prices are going to shoot up like Tesla as well? Which one of these actually stand a chance to be the next Tesla or was Tesla just a one off and these 3 and anyone else are just going to chug along with their already high valuation? #auto #electric #tesla #rivianautomotive #fisker #lucidmotors
They are just bubbles. Building cars is a low margin, capital intensive business unlike software. Rivian, Tesla and company are overvalued
Careful… Tesla is producing more BEVs than Ford right now. I wouldn’t put Rivian and Tesla in the same boat. Tesla has proved they can make BEVs at scale and support them for 5+ years after running on public roads. Rivian hasn’t been around as long to prove itself yet.
Rivian is shipping cars this month. Prototype is easy, production is hard.
This is where Tesla nearly fell over. Luckily they had the cash to shore them up
Errr, not quite this month or next month as it turns out. I mean no disrespect though.
Tesla was one off and had the first mover advantage. Now there is more competition among these startups
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