Hacker News new | ask | show | jobs
by rkomorn 249 days ago
Doesn't that kind of confirm my point though?

VW's having to invest huge amounts of their revenue while Rivian's going around burning VC/investor cash without a care in the world for profitability.

1 comments

>Doesn't that kind of confirm my point though?

I was just answering your question. VW clearly has the money and is willing to spend it.

>Rivian's going around burning VC/investor cash without a care in the world for profitability.

I believe that a huge part of the VW deal with Rivian was that they needed more money. Making cars is expensive and Rivian can not succeed on investments alone.