Quote:
Originally Posted by OutdoorLover
Even though tech startups are bound to lose money in their first - say 5 years, Rivian's spend has been especially heavy..
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Well, tech companies don't usually have to create entire automotive production facilities and tooling, float all the materials and labor for the first production run OF an automobile, AND do software development at the same time. So comparing it to the typical tech startup cost is just kind of silly. All of that costs money and you HAVE to amortize it over the entire predicted production run of whatever vehicle they make, AND any vehicle using the same R&D, tech, and facility.
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