this post was submitted on 29 Aug 2023
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Rivian CEO issues strong statement about people who purchase gas-powered cars: ‘Sort of like building a horse barn in 1910’::"I don't think I would have believed it."

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[–] Astroturfed 2 points 1 year ago

This guy's a fucking airhead. They're trying to rush out the cheaper smaller SUV model because they massively overestimated demand for their overpriced truck/SUV. It's 80k base and by the time you get the AWD and increased range package I imagine everyone who is their target market wants it well over $110k.

This will probably be the last big EV startup we see. After this the real caranufacters are going to take over. Which I'm a bit sad about as they don't seem to ever take any risks. I'd been saying for years there was surely demand for a small truck like the maverick, now everyone's making one. Just wish Elon wasn't so dumb and had made the cyber truck that with a electric drivetrain.