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Mitchell Barnow
Wall Street Millennial
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Comments by "Mitchell Barnow" (@mitchellbarnow1709) on "Wall Street Millennial" channel.
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I see plenty of top trim Platinum/Denali/King Ranch/etc Gas and Diesel 4 door trucks that are mostly used as the families station wagon and they never see a moment of use on the job site. The difference is that even though they will never tow anything heavy over hundreds of miles without having to fuel them up. Rivian’s are lifestyle vehicles that fill a small niche in the market, I’m not making this up because you can see it in their expensive experience oriented outdoor centers in expensive places like in Santa Monica, Califonia. They’ve also built a fancy charging experience in Groveland, Califonia, which is on the journey between the San Francisco Bay Area and Yosemite National Park. I’m guessing that they’ll have to build another one of these on the path between Los Angeles and Yosemite? In contrast you’ll find dozens of Tesla Supercharger stalls in plain parking lots with zero amenities. Whose plan is more sustainable, Tesla’s or Rivian’s? Imagine these Rivian experience centers all over the USA? Only a young company who is used to burning cash could keep that up. When Teslabonly had the Model S and they were grateful for every sale, they treated their customers like kings, but eventually you have to make a good profit margin or cease to exist.
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