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Amazon Shapes Rivian’s Future and $80 Billion Valuation

Oct.06 — EV maker Rivian is prioritizing production of electric delivery vans for Rivian, over its own consumer EVs, Bloomberg reported on Wednesday. Bloomberg’s Ed Ludlow reports on the details of Rivian’s agreement with Amazon and the back story on how Jeff Bezos discovered the startup.

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Oct.06 — EV maker Rivian is prioritizing production of electric delivery vans for Rivian, over its own consumer EVs, Bloomberg reported on Wednesday. Bloomberg’s Ed Ludlow reports on the details of Rivian’s agreement with Amazon and the back story on how Jeff Bezos discovered the startup.

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11 Comments

11 Comments

  1. Frank Partida

    October 7, 2021 at 2:24 am

    Wow. Good info.

  2. Prabakaran Perumal

    October 7, 2021 at 3:17 am

    Zero car sold, but 80 billion valuations more than Ford and GM.

    • Kevon Dunn

      October 7, 2021 at 6:35 am

      Rivian is already delivering to retail customers. Check out the owner forums.

    • Buzz Man

      October 7, 2021 at 11:38 am

      @Kevon Dunn Negative cash flows for next 6 years

    • Zoltán Kárpát

      October 7, 2021 at 11:39 am

      @Kevon Dunn Yeah, but they are many years away from making a profit… ????‍♂️

    • D

      October 7, 2021 at 8:27 pm

      They have sold and delivered. So not correct.

    • D

      October 7, 2021 at 8:28 pm

      @Buzz Man so. Tesla has always been in debt.

  3. No Secrets Fishing

    October 7, 2021 at 3:23 am

    At least we know the bubble hasn’t popped yet

  4. Djjoshski

    October 7, 2021 at 7:46 am

    Then there is Jim Cramer

  5. Peter Wakeman

    October 7, 2021 at 11:47 am

    Legal action from Tesla?

    • D

      October 7, 2021 at 8:26 pm

      Tesla sucks.

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Bloomberg Technology

Xiaomi’s Electric Supercar Threatens Porsche, Europe Models

Hurtling around a race track outside Beijing, Xiaomi’s SU7 Ultra is as disconcerting as it’s quick. The company is preparing its expansion abroad, where it could pose a threat in the EV market. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde…

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Hurtling around a race track outside Beijing, Xiaomi’s SU7 Ultra is as disconcerting as it’s quick. The company is preparing its expansion abroad, where it could pose a threat in the EV market.
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Tesla Boosts Spending Plan to $25 Billion in AI, Robotics Push

Tesla anticipates billions of dollars in additional spending this year to support Elon Musk’s ambitions to transform the electric-vehicle pioneer into an AI and robotics company. Ed Ludlow reports. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:…

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Tesla anticipates billions of dollars in additional spending this year to support Elon Musk’s ambitions to transform the electric-vehicle pioneer into an AI and robotics company. Ed Ludlow reports.
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China’s DeepSeek Unveils New Model a Year After Shock Launch

China’s DeepSeek is back with a brand new flagship AI model, a year after its open source model upended Silicon Valley. Tom Mackenzie explains. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:   Get the latest in…

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China’s DeepSeek is back with a brand new flagship AI model, a year after its open source model upended Silicon Valley. Tom Mackenzie explains.
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