Who is the Tesla killer, or will there ever be one? $Rivian...
Who is the Tesla killer, or will there ever be one?
$Rivian Automotive (RIVN.US)$'s debut places it among the world's most valuable automobile stocks
Electric-truck startup $Rivian Automotive (RIVN.US)$'s blockbuster trading debut has already placed it in the upper echelons of the global automotive industry, with a market valuation eclipsing that of $Ford Motor (F.US)$ and $NIO Inc (NIO.US)$ Retail investors piled into Rivian, placing it as the most bought asset amid ongoing enthusiasm for the still-nascent sector.
$Amazon (AMZN.US)$ and $Ford Motor (F.US)$ are among Rivian's backers. The EV maker has raised $10.5 billion since 2019 after several investment rounds, with the latest a $2.5 billion funding round in July, led by Amazon.com's Climate Pledge Fund, Ford, and T. Rowe Price funds, among others.
Do you believe one of these "Tesla killers" could possibly surpass $Tesla (TSLA.US)$ in the future?
Electric-truck startup $Rivian Automotive (RIVN.US)$'s blockbuster trading debut has already placed it in the upper echelons of the global automotive industry, with a market valuation eclipsing that of $Ford Motor (F.US)$ and $NIO Inc (NIO.US)$ Retail investors piled into Rivian, placing it as the most bought asset amid ongoing enthusiasm for the still-nascent sector.
$Amazon (AMZN.US)$ and $Ford Motor (F.US)$ are among Rivian's backers. The EV maker has raised $10.5 billion since 2019 after several investment rounds, with the latest a $2.5 billion funding round in July, led by Amazon.com's Climate Pledge Fund, Ford, and T. Rowe Price funds, among others.
Do you believe one of these "Tesla killers" could possibly surpass $Tesla (TSLA.US)$ in the future?
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Sam2101 : These are all Potential Tesla killers, however, Tesla is going to make a supersonic comeback after today's fall. Tesla is a superpower and the likes of Nio, Rivian, Xpeng will take a long long time to even give some competition to Tesla.
Rivian will plummet in 3 to 6 month timeframe.
Dylinh : Lucid is already surpassed Tesla in technologies and range. It already killed Tesla, the only difference is Lucid is a new company starting and Telsa been out for a decade now. I will be too ashame to even brag about Tesla when it has been out for so long and their technologies haven't advanced much at all. Tesla stopped doing R&D since they think nobody can be more efficient in battery than they are. Well wake up and smell the coffee boys, Lucid is here to shame your efficiency, range, and quality. Tesla will be nothing but the past.
103074049 : elon himself concedes that tsla is overvalued by 5x. but d crux of d matter is still d race for (1) d eye, safety & (2) battery, cost. we r talking about driverless ev. eyewise we may have one but battery, 5 yrs away! from there on, fingers crossed winner dominates
FazZaf : Does lucid have tech for full self driving to compete with Tesla? Or supercharger for non Tesla? Or software as service for fsd?
无名n_n FazZaf : dont worry, Lucid CEO is Ex Chief Engineer. He know in and out...