11541 replies to this topic

[Mike K.]

Oh yeah, the growth is great, but context matters.

 

Toyota makes just one car model at 1.2 million units per year, and Musk is saying he's going to outpace that in 18 months with his Model Y, while currently building 500,000 cars per year, total.

[Victoria Watcher]

Toyota has been building that same model for over 50 years though. you think they’d have a bigger lead. and today I can walk into a dealer and buy one to take home today. Tesla has sold every single car before they even start building it. The only reason Tesla is stuck where they are is because they need more factories. two of which they are building now.

There is some context for you.

Edited by Victoria Watcher, 23 August 2021 - 09:16 AM.

[Mike K.]

The real context is Toyota outsells Tesla by 22x.

 

You're drinking Tesla's Kool Aid a little too quickly, you gotta slow it down.

[Victoria Watcher]

and investors that are smarter than you and I value Tesla 3x over Toyota.

[Mike K.]

Yeah, I don't think that's all that smart, though.

[Victoria Watcher]

Rivian Automotive Inc., the maker of electric pickups backed by Amazon.com Inc., has filed for an initial public offering and is seeking a roughly $80 billion valuation, according to people familiar with the matter.

The Irvine, California-based startup submitted its S-1 registration to the Securities and Exchange Commission last week, said the people, who asked not to be identified because it was filed confidentially. The company would like to do an IPO around Thanksgiving, though the timing will depend on approval from the SEC.

https://www.bnnbloom...ation-1.1644878

A listing at the valuation Rivian is pursuing would be one of the biggest-ever market debuts for an auto company. With $10.5 billion raised from backers including Amazon and Ford Motor Co., an established factory in Illinois and thousands of reservation holders for its R1T truck and R1S sport utility vehicle, Rivian is among the most serious competitors lining up to take on electric-vehicle leader Tesla Inc.

Edited by Victoria Watcher, 28 August 2021 - 07:37 AM.

[Mike K.]

Among the most serious competitors, eh? Good to know they’re serious. It would be a shame if they weren’t serious, like the GM-backed gang at Nikola turned out to be after they hit the market as one of the most serious competitors.

[Victoria Watcher]

if it goes it’ll top Ford and GM in valuation.

https://www.investor...eries-due-soon/

In 2019, Amazon invested $700 million, and Ford invested $500 million in Rivian. Amazon has also ordered 100,000 Rivian vans to be delivered by 2030.

Investment giant T. Rowe Price is also a backer with a $1.3 billion investment in 2019 and a $2.5 billion infusion in 2020.

Rivian expects to deliver 20,000 vehicles in 2021. It projects doubling that figure for 2022.

Edited by Victoria Watcher, 28 August 2021 - 07:53 AM.

[Victoria Watcher]

Tesla is currently predicting a wait of four to six weeks for the Performance Model 3, and five to six weeks for the Performance Model X. For other models, estimated delivery times can be as far out as April 2022.

Presumably, as Tesla and other automakers do when they have supply constraints, the company is putting its highest-margin variants at the head of the production schedule.

https://insideevs.co...rowing-quickly/

Edited by Victoria Watcher, 28 August 2021 - 02:08 PM.

[Victoria Watcher]

Miami-Dade just got one step closer to a future filled with driverless vehicles.

Ford, Lyft and the autonomous driving technology group Argo AI announced Wednesday they would begin deploying self-driving ridehail cars in Miami-Dade, as well as Austin, Tex., this winter.

For now, passengers who order up self-driving Lyfts will not be alone in the vehicle: A safety driver ready to take over the wheel, as well as a technology monitor, will be in the front seats. Choosing a so-called “robotaxi” comes at no extra charge, and there are no preset routes.

 

https://www.govtech....fla-this-winter

 

 

 

 

Waymo, the self-driving vehicle company under Alphabet, has launched a robotaxi service that will be open to certain vetted riders in San Francisco.

 

On Tuesday, the company officially kicked off its Waymo One Trusted Tester program in the city with a fleet of all-electric Jaguar I-PACEs equipped with the company’s fifth generation of its autonomous vehicle system. This AV system, which has been branded the Waymo Driver, is informed by 20 million self-driven miles on public roads and over 10 billion miles driven in simulation, according to Waymo.

 

https://techcrunch.c...2QCB96Og3HoJCMm

Edited by Victoria Watcher, 29 August 2021 - 05:29 AM.

[spanky123]

Rivian expects to deliver 20,000 vehicles in 2021. It projects doubling that figure for 2022.

 

I think this is where Elon's hubris may have got the better of him. Stacked head to head, Rivian is a far more practical vehicle than the Tesla Cybertruck.

[phx]

Rivian is a far more practical vehicle than the Tesla Cybertruck.

Cybertruck is about getting attention, practicality is a secondary consideration.

[Victoria Watcher]

on all practical counts the cyber truck outperforms the electric f-150 though. payload size and weight. Towing capacity. Range. Clearance. electronic hardware and software.

the 150 being the best selling truck of all time.

Edited by Victoria Watcher, 30 August 2021 - 02:27 AM.

[Victoria Watcher]

I think this is where Elon's hubris may have got the better of him. Stacked head to head, Rivian is a far more practical vehicle than the Tesla Cybertruck.

Not sure how you can say that:

https://insideevs.co...on-infographic/

Rivian despite being around since 2009 has never produced a vehicle for sale yet and has no charging network.

So not sure at all how successful they will be. They have had some great funding - because everyone wants to be the next Tesla.

But also they likely have less than 50,000 preorders. While Tesla has over 1,250,000 cybertruck orders.

Now Rivian does have 100,000 Amazon delivery truck orders - and Amazon is a huge investor. So it’s yet to be seen if they have to prioritize those trucks over the consumer trucks when they are faced with a choice like the chip shortage.

Edited by Victoria Watcher, 30 August 2021 - 02:52 AM.

[Victoria Watcher]

The rivian is also a $73,000 truck with all of 5 service centres nationwide is the USA.

https://www.carsdire...es-in-september

and again no dedicated charging stations.

it’s quite possible that facing those issues means few of the 50,000 $100 preorders have firmed up their purchase. apart from dedicated fleet trucks guys that buy trucks at that price tag might like to take them on the road for vacation. that’s harder with no charging stations.

Edited by Victoria Watcher, 30 August 2021 - 03:06 AM.

[Victoria Watcher]

Stacked head to head, Rivian is a far more practical vehicle than the Tesla Cybertruck.

 

 

how can you even say that?  there they are.  stacked head to head.

 

https://insideevs.co...on-infographic/

 

how can it be more practical with no charging network and only 5 service centres in the USA?

 

but here are the head to head stats - not sure how it beats Tesla here at all.  Tesla has double the cargo weight capacity and 2 feet longer box.  Higher clearance and lower price.  0-60 and top speed are not really "practical" considerations.

 

 

 

 

Edited by Victoria Watcher, 30 August 2021 - 03:56 AM.

[Victoria Watcher]

anyway i'm buying the bollinger.

 

 

 

Bollinger says its pickup and SUV will each cost $125,000. A chassis-cab version of the B2 (with an empty rear end for commercial fitment opportunities) is $110,000.

 

 

 

 

 

https://www.inverse....cs-range-hybrid

Edited by Victoria Watcher, 30 August 2021 - 09:01 AM.

[lanforod]

1750 lbs payload. That's low. 

[Victoria Watcher]

Tesla Full Self-Driving Beta 10 could roll out as early as next week

Tesla CEO Elon Musk tweets that Beta 10 of the company's driver-assistance software might only be a week away.

https://www.cnet.com...10-coming-soon/

[Victoria Watcher]

MotorTrend:

 

 

 

 

The 2022 Rivian R1T Is the Most Remarkable Pickup We’ve Ever Driven

 

Yep, we drove it. Are you ready for the electric truck revolution?

 

 

https://www.motortre...t-drive-review/

Edited by Victoria Watcher, 06 September 2021 - 11:36 AM.