from Hacker News

Rivian’s Losses Nearly Triple to $1.7B

by athielking on 8/12/22, 12:19 PM with 8 comments

• by sleepdreamy on 8/12/22, 1:45 PM

  These trucks are going for 100,000 where I live. Kind of crazy imo - Tesla SUV with the Wing-Doors is in that same ballpark.

  I personally would rather just get an ultimate luxury vehicle at that price point or a suped out Porsche.

• by loceng on 8/12/22, 12:45 PM

  I've wondered is Rivian a legitimate play against Tesla et al, are the decisions being made in the correct path, or will that be unknown until 5-10+ years after billions more keep getting dumped into it that may hide any incompetence or missteps?

  Is it the standard PR-IPO move to dump the risk onto the general public and get an exit for everyone early?