Making cars is hard. Making electric cars is harder. Making ...

Making cars is hard.
Making electric cars is harder.
Making a profit on electric cars with $Tesla(TSLA.US)$ as a competitor is almost impossible.
$Rivian Automotive(RIVN.US)$ arguably makes the second-best mass-market EV after Tesla, but it loses a substantial amount of money on each car sold.
As a result, its cash balance has dwindled to less than half of what it was just two years ago despite record sales nearly every quarter.