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Lew Later

Rivian Just Surpassed Ford And GM... Is Tesla Next?

Lew Later

Quickscope Media

Tech News, News, Technology

4.81.9K Ratings

🗓️ 12 November 2021

⏱️ 24 minutes

🧾️ Download transcript

Summary

Visit http://joinhoney.com/LEWLATER to get Honey for free. --- https://electrek.co/2021/11/10/rivian-rivn-goes-public-70-billion-valuation-aims-reach-1-million-ev-volume-2030/ https://www.cnbc.com/2021/11/10/elon-musk-sells-1point1-billion-of-tesla-stock.html https://www.theverge.com/2021/11/10/22775241/twitter-web-full-sized-images-no-crop-algorithm https://jalopnik.com/lets-appreciate-this-belgian-mans-parking-skill-again-1847917263 https://electrek.co/2021/11/06/awesomely-weird-alibaba-electric-vehicle-of-the-week-2000-four-person-electric-bicycle/ https://www.mlive.com/news/2021/11/arbys-releasing-french-fry-flavored-vodka-for-limited-time.html https://www.yahoo.com/entertainment/jay-leno-shatters-bugatti-chiron-mile-time-to-set-new-world-speed-record-in-tesla-model-s-plaid-080343019.html --- Subscribe for more internet + tech news. Email questions to will [at] lewlater dot com

Transcript

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0:00.0

Big Show, Big Show, Big Show, Big Show, Big Show today, rapid fire round by

0:28.5

to knock it out the park, that's the word that's what you told me. You said, you said,

0:37.0

listen, Lou today is about efficiency. Lou today, we're going to tackle all the topics

0:42.0

and we're going to do a rapid fire. We're not going to waste a second of anybody's time.

0:46.2

We definitely don't want to waste the audience this time. That's right. Time is very important.

0:50.1

What do you got for us? First, Rivian goes public 77 billion valuation, 77 billion. I heard

0:54.9

a market cap, they surpassed GM. GM and for a car company that hasn't produced a car

1:05.2

yet for a consumer to buy. Man, people love those EVs, don't they? I mean, they're doing

1:12.3

pretty well. Yeah, they got a boatload of cash from Amazon. They got a fancy looking truck.

1:18.3

They got a futuristic looking truck. It's got good range. It's expensive, but who cares? I

1:26.9

mean, I guess that's how you start out. You got that, that really aspirational model and then

1:33.2

then you deliver the more affordable ones after they got the SUV as well. It's funny because

1:37.9

this one looks futuristic, but it also just looks like a truck. And I feel like the market likes

1:43.5

that. Actually, I got a text from an old friend today, old friend from high school. He says,

1:48.4

what about this Rivian truck? He obviously read the headlines. I don't know, he's trying to

1:53.9

invest or what he's trying to do, but he said, how about this Rivian truck? And you know,

1:59.3

some of the excess reason things they put on there is just very forward, what would you say?

2:03.7

Current modern, the stuff with the little kitchen that goes inside of it, the tents for the

2:09.2

overlanding stuff. Yeah, man, I don't know. I'm pumped. I like it. I wonder about things

2:17.2

still like manufacturing. I was seeing that the manufacturing capacity, not all that robust

2:24.0

for the time being. These are things that take time. I mean, this is what we learned from Tesla.

2:28.8

Quality control. Just everything. Just making big, heavy things and sending them around the

...

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