MIG
Well-Known Member
Let me get this straight -- there are corporations, right here in the U.S., that benefit from governmental programs and policies???? Stop. The. Presses.The WSJ editorial board is hilarious.
Slow news day indeed.
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Let me get this straight -- there are corporations, right here in the U.S., that benefit from governmental programs and policies???? Stop. The. Presses.The WSJ editorial board is hilarious.
And I'm betting that Amazon won't let Rivian fail because the EV vans make economic sense and are a fundamental part of Amazon's last mile strategy."The electric truck maker has delivered a mere 156 vehicles, but investors are betting government won’t let it fail.........................................."
No. I am betting that Amazon won't let Rivian fail for the simple reason than Bezos doesn't want to be seen as losing to Musk.
Amazon will buy Rivian before it got anywhere near failing.And I'm betting that Amazon won't let Rivian fail because the EV vans make economic sense and are a fundamental part of Amazon's last mile strategy.
Amazon could. But IMO opinion they will simply place more orders for delivery vans. With a committed book of orders, Rivian would have what it needs to attract more capital if needed. Their current order is far, far, short of what Amazon needs to accomplish their mission.Amazon will buy Rivian before it got anywhere near failing.
They definitely would. I think Bezos has it out for Musk so he would for sure pump more money into. Rivian is like his Blue Origin v. SpaceX. Let’s just hope that isn’t necessary and they grow organically from hereAmazon will buy Rivian before it got anywhere near failing.
As a proud Alabamian and a conservative leaning person I think that there is huge potential for EVs to be marketed in a way that would make them appeal more to people like myself. Right now the response from most conservatives to someone that drives an EV is something along the line of "So... do you like your coal powered car." There is no point in arguing the absurdity of this question. So the response from me will be "Yeah, I love supporting the coal industry that provides US jobs and 16% of our states power output. When I had an ICE vehicle I hated going to the pump knowing that around 20% of the oil we import comes from the middle east." I didn't reserve a Rivian because it will decrease my carbon footprint; I reserved one because I expect it to have a lower cost of ownership over a similar ICE truck, the performance is phenomenal, it is more functional than an ICE truck, and many other reasons. I look forward to discussing this with people who only think of EVs as hippie tree hugger cars.I can’t tell you the amount of times I’ve seen negative comments about any EV on Fox News too. You would figure these people would love it, no more buying fossil fuels from hostile nations, and American made vehicles.
I take the same view of tax breaks.Corporate welfare is only welfare when it's something you don't like or profit from...
People don’t often see the bigger picture. The system (stock market and media) is set up around days or weeks or quarters, but successful companies work on 3-5 year plans (or longer). People dwell on small details of a company, rather than the long term picture with all the moving parts. It is fun to watch them be continuously wrong and then justify it.So many people I've talked to over the past month just cant get over the 'LOL 156 vehicles' or 'LOL worth more than Ford' talking points. Its not just a truck manufacturer. If it was I'd say their cap would be 10x less. It the ecosystem.