If I owned a Tesla right now, I’d be in a bad situation. I sure as hell no longer want to be seen in one. The market for them has crashed, and nobody wants to buy one used. If I could afford a Tesla, I’d surely have insurance… I’d be rooting for somebody to set that shit on fire
Rivian doesn’t have first mover advantage if you’re talking about stocks.
True, but that usually doesn’t matter. They’re using the same playbook, but their product is much better. There is plenty of room in the EV market for more profitable innovation.
After seeing the “innovations” Tesla has (e.g. doors that don’t open in emergencies, weirdo dashboards, subscription “features” for your car, etc.) I think I’m all good on “innovation” in my car purchases. But you do you.
My favourite “innovations” ought to be the lack of an instrument cluster so you have to look at the tablet for your speed, the steering yoke, and putting the indicator controls on touch sensitive buttons on the steering wheel.