Elon Musk Lays Down True Test For Rivian’s Success, Downplays Pepsi Deliveries

Elon Musk Lays Down True Test For Rivian’s Success, Downplays Pepsi Deliveries

3 years ago
Anonymous $FNmJglWnLu

https://wccftech.com/elon-musk-lays-down-true-test-for-rivians-success-downplays-pepsi-deliveries/

Tesla chief Elon Musk has laid down the true test for measuring electric vehicle manufacturer Rivian Automotive, Inc's success. Rivian became the latest American company to sell its shares to the general public earlier this week, and the company aims to sell larger vehicles such as pickup trucks and delivery vans. Musk's comments, made earlier this week, are the second time the executive has shared his tough experiences to remind new entrants in the industry about the perils of upscaling electric vehicle production. His warnings come as Tesla aims at chasing a million vehicle deliveries in a unique market full of demand and global attention.

Musk's support for Rivian came before he downplayed the recent announcement by Pepsi's Mr. Ramon Laguarta, which had outlined that his company was expecting Tesla to deliver its semi-trucks before the end of this year. Despite shipping only standard passenger vehicles, Tesla has also announced larger vehicles, such as its Cybertruck pickup truck and the Tesla Semi Class 8 electric truck.