Bloomberg Technology

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.

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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