Paper Bag Investor
@PaperBagInvest · Mar 11, 2022
Tesla Q2 2011 vs Rivian Q4 2021
(soon after IPO)
Auto Rev:
$39M vs $54M
Auto Gross Margin:
22% vs -709%
OpEx:
$77M vs $2,071M
Net Loss:
$59M vs $2,461M
$TSLA vs $RIVN
Elon Musk
@elonmusk
Prototypes are easy, production is hard.
Making an electric car was not the hard part of Tesla – dozens of companies have done that.
09:25 PM · March 18, 2022 · 0 views
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