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Comments by "" (@mrpmj00) on "Jim Cramer: Electric car shares and why Tesla is a 'phenomenon'" video.
.,.Tesla is a sinking ship. Tesla is now selling to rental car companies like Hertz which is the worst place to be because that is the LOWEST margin. And people don't want to buy cars that are part of rental fleets.
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Tesla sells nothing that competes with Rivian; they have no pickup truck and the Model X is an obscenely expensive minivan with ZERO off-road ability. The Rivian R1S is a real SUV with serious off-road chops. Rivian has backers with an endless supply of money; Ford for expertise in building tough trucks and SUVs, and a real factory that they didn't have to build from scratch. This is a no brainer long term play. .Unlike Tesla, Rivian's customers can get the $7500 federal tax credit. GO RIVIAN!
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