I'm a huge Tesla fan, but it looks like Rivian has made some very smart moves, and I hope it's a massive success.
Why do I say that? Because to save the climate we need to move off of fossil fuel vehicles as fast as possible, and that can happen only if there are lots of car companies all doing it at once.
Now the problem is so many big car companies don't have their ev programs very well developed, so it is great there is a pure ev company that is licensing its well-developed technology out to them so they can get up to speed years sooner.
Why do I say that? Because to save the climate we need to move off of fossil fuel vehicles as fast as possible, and that can happen only if there are lots of car companies all doing it at once.
Now the problem is so many big car companies don't have their ev programs very well developed, so it is great there is a pure ev company that is licensing its well-developed technology out to them so they can get up to speed years sooner.