"Rivian is shipping. Infinitely better than something that's not."
Even if they're losing $33k per vehicle? (See 2Q23 shareholder letter). Note this does not include R&D, CAPEX or SG&A. Was it infinitely better for WeWork to ship something than not?
"will be an important failure to rein in Musk's fantastical thinking"
Why would it fail when there are >2m pre-orders and a a 5 year waitlist?
Even if they're losing $33k per vehicle? (See 2Q23 shareholder letter). Note this does not include R&D, CAPEX or SG&A. Was it infinitely better for WeWork to ship something than not?
"will be an important failure to rein in Musk's fantastical thinking" Why would it fail when there are >2m pre-orders and a a 5 year waitlist?