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Diana Pennepacker
Wall Street Millennial
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Comments by "Diana Pennepacker" (@dianapennepacker6854) on "Rivian Faces Disaster As Demand Collapses" video.
I don't know if you know this. New car companies are almost never profitable for the first ten years. Let alone one using a completely new technology that many people outright hate. As much as I hate Elon now. He was smart with how much Tesla started focusing on manufacturing. Ever see the Monroe Live I think it is? It basically breaks down vehicles and explains things about car manufacturing. When he broke down one of the Teslas he would go over it. Tell you how so many design choices of the car were made with manufacturing in mind. Everything basically was, and he thought it was genius. I haven't seen the Cybertruck videos. Pretty sure that is an exception. It is a shame. People judge EVs on 2012 cars or first generation EVs. I hope these companies succeed as they are improving in every metric year in and out. You look at a top of a line Lucid, and are like holy shyte. The performance beats so many cars twice to three times the cost, but it is a daily driver luxury sedan beating the snot out of dedicated sports cars. Yet then you learn they are losing so much on each car. They are a god damn steal. Anyway price is dropping significantly each year. Once the price is cheaper, and chargers are made with range going up we will see more EVs. Electric motors are basically superior. Until someone makes a working vane engine which I hope they do!
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