I was hoping these guys weren't another vaporware outfit. Damn. Cool cars. Maybe they realized they couldn't pull it off and took the shortcut to buy some time while they hope for luck. They aren't dead but this doesn't look good. Charges for execs will be the death of them.
Rivian has an interesting situation on their hands. Too much money to fail.
oh damn, that's a shame actually. Hmm.. Ah well, it is what it is. Rivian has made a killer deal with Amazon which will probably get them through their first few years
Comments (4)
I was hoping these guys weren't another vaporware outfit. Damn. Cool cars. Maybe they realized they couldn't pull it off and took the shortcut to buy some time while they hope for luck. They aren't dead but this doesn't look good. Charges for execs will be the death of them.
Rivian has an interesting situation on their hands. Too much money to fail.
i hope all ev startups do go bankrupt.....they need to learn it the hard way that disruption in the industry isnt the only way to success!
I hope rivian doesnt bc i bought their stocks now the rest can go bankrupt im fine with that
oh damn, that's a shame actually. Hmm.. Ah well, it is what it is. Rivian has made a killer deal with Amazon which will probably get them through their first few years