Bloomberg Technology
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…
@CanisoGaming
August 13, 2024 at 3:50 pm
Mehhhhhh 😂
@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
@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