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SoMa’s Simon on EV Race Between Rivian, Tesla

SoMa Equity Partners CIO Gil Simon joins Bloomberg’s Hema Parmar, Ed Ludlow and Caroline Hyde to discuss AI investing strategies, the EV race between Tesla and Rivian, and why he thinks Volkswagen’s deal with Rivian is a turning point for the industry. He speaks on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology…

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SoMa Equity Partners CIO Gil Simon joins Bloomberg’s Hema Parmar, Ed Ludlow and Caroline Hyde to discuss AI investing strategies, the EV race between Tesla and Rivian, and why he thinks Volkswagen’s deal with Rivian is a turning point for the industry. He speaks on “Bloomberg Technology.”
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4 Comments

4 Comments

  1. @CanisoGaming

    August 13, 2024 at 3:50 pm

    Mehhhhhh 😂

  2. @TheMagicJIZZ

    August 13, 2024 at 5:17 pm

    Rivian doesn’t even compete with Tesla lmao

    Tesla competes with BMW and Toyota rivian competes with jeep

  3. @andromedach

    August 13, 2024 at 7:56 pm

    Rivian’s claim to fame is their ability to burn cash at a prodigious rate. How anyone believes a company that cannot make a profit on vehicles over seventy thousand will do so for those starting at fifty thousand is just hilarious. Besides losing the well known thirty thousand per vehicle just from cost of goods to revenue they are spending the equivalent over sixty thousand per vehicle to run the company.

    Tesla, even inflation adjusted, never approached half of Rivians current deficit. Rivian will not be number two in the US, that will either be Ford or GM.

    • @SupportAI309

      August 13, 2024 at 9:25 pm

      Some People have put money in Tesla with the understanding that it will be a 1 trillion dollar revenue company. Today those investors are afraid as they see companies that have the potential to leave Tesla in the dust

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Tech Leaders Approach Trump, Intel Seeks Altera Buyers | Bloomberg Technology

Bloomberg’s Caroline Hyde breaks down how President-elect Donald Trump and Elon Musk wield their political power as the government works to avoid shutting down. Plus, the Big Tech leader merry-go-round at Mar-a-Lago continues with Jeff Bezos the latest to try and influence Trump’s policies and decisions. And, private equity firms are competing for Intel’s programmable…

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Bloomberg’s Caroline Hyde breaks down how President-elect Donald Trump and Elon Musk wield their political power as the government works to avoid shutting down. Plus, the Big Tech leader merry-go-round at Mar-a-Lago continues with Jeff Bezos the latest to try and influence Trump’s policies and decisions. And, private equity firms are competing for Intel’s programmable chip arm Altera.
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Creatio CEO and Founder Katherine Kostereva joins Caroline Hyde to discuss the rise of AI agents taking front-line interactions from customer service to sales, and to give her outlook for the space in 2025. She speaks on “Bloomberg Technology.”
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Bitwise Asset Management CIO Matt Hougan tells Caroline Hyde why he believes the latest weakness in crypto and Bitcoin over the last few days is a “healthy pullback” which does not take away from the asset class’s overall great run this year. He speaks on “Bloomberg Technology.”
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