Posted on 10/08/2022 6:13:40 AM PDT by ChicagoConservative27
EV , the Future of Failure
Never heard of it. But I live way out in the sticks.
Testing and evolution is the rock on which gasoline/diesel vehicles are built. They have been tested by daily use for about 100 years now and the experience of all this daily use has led to the long steady evolution into today's automobiles and trucks (plus motorcycle, boat, and aircraft engines, for that matter).
EVs sprang directly from the head of Zeus (well, Musk). They have no history, no experience.
Imagine a family-owned company needs a new CEO. Should the board of directors choose a man with 35 years of experience in every facet of the business or should they choose the owner's grandson, who has NO experience, but just graduated from Harvard?
Your link doesn’t work...
.
I've lived many places - the suburbs, outskirts of cities,
small towns, (and briefly downtown Phoenix, AZ) as well
as in three different locations "in the sticks".
I was much more content & happy out in the boonies.
I'm getting on to that age when I'm starting to think about retirement.
And yes - 'to the sticks' it will be.
But WHERE? Hmmmmmm....
To folks who are in the market for an EV truck, not a big deal. Because, if they wanted a serviceable truck, they would buy a conventional one. These are for people who want an EV, that looks like a truck.
Im way out past exurbia, only about 50 miles or so from the boon-docks. There is lots of room out here and the asshole ratio is miniscule.
Follow the money:
RIVIAN FINANCED BY:
2021 – Announced on January 19, 2021, RIVIAN raised $2.65 billion led by existing investor T. Rowe Price alongside SOROS Fund Management, Fidelity Management & Research, Coatue Management, BLACK-ROCK managed funds, Abdul Latif Jameel, and AMAZON, now through its Climate Pledge Fund, plus new investors D1 Capital Partners.
Abdul Latif J holds almost 114 million shares in Rivian acquired through $303 million of loans made to the company. Bloomberg estimated the company’s value at nearly $28 billion.
Announced on July 23, 2021, Rivian raised $2.5 billion in a round led by Amazon’s Climate Pledge Fund, D1 Capital Partners, and Ford Motor Company, alongside existing investors T. Rowe Price, Coatue Management, Fidelity Management & Research. New investors Third Point Ventures and Dragoneer Investment Group joined the round.
Boones Mill Virginia, Glide Oregon, and a lonely place in Lane county
Oregon.
The North Umpqua River - Glide, Oregon
Their stocks lost 2/3 of their value within months of trading
Someone didn’t calibrate their assembly tools....
I’ve seen a couple of them on the road. They look like something you would buy to impress your rich liberal friends.
Quality is job one.
Robotic assembly??
What no cotter pin?
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