A Deep Dive Into the 12-year-old, Amazon-backed, EV Adventure Company
This hasn't appeared yet on Apple Podcasts or Spotify. Any ideas when that might happen? Would love to listen!
Great Article. I think it all comes down to production capabilities. Seems a bit crazy to be looking at two new factories when their existing factory is at the very beginning of the ramp. Another thing I've heard mentioned is the complexity of bringing multiple models to market off the bat (different components, suppliers, production engineering). Will be an interesting story to watch - the EV market is growing rapidly and there's a lot of market share available for the taking. Will come down to Rivian's ability to execute on the production ramps.
Great article! Regarding the IPO with Sofi you haven't mentioned that it is only available from the US :)
Useful, substantive, and witty. The pre-IPO process excludes retail investors the best it can. Tried SoFi. The price was $ 72-74. I registered. They had notified at 10:30 PM EST to confirm with a price of $78. When I woke up at 4:30 AM, the confirmation period had expired! The lesson: Go to sleep with your phone enabling noisy notification from SoFi. Obviously, you cannot set a limit order with pre-IPO. I wonder what is the experience of others who tried to participate. Perhaps you can distill some lessons for the community.
Excellent info....Thank you!
Another compulsively readable piece. Awesome job Packy.
Count me in. Also love these IPO for retail solutions on SoFi and RH.
Curious how / if the gender discrimination lawsuit the thesis at all. Seems very reliant on RJ and brand of esg. Toxic bro culture could be a flag, albeit small one.
Nice piece. I do think competitors will play a substantial role though (despite it being a huge pie). The price point of both the F150 lightning and Cybertruck ($40k base) may be enticing enough for folks unsure about the whole electric thing to dip their toes. Still exciting stuff for a space in desperate need of an update!