Is Rivian as good as Tesla?

Tesla and Rivian offer electric vehicles that boast excellent on-road driving dynamics. However, for off-road capabilities, Rivian vehicles are far superior to Tesla cars. Both the Rivian R1T

Rivian R1T

In November 2018, the truck and SUV were renamed the R1T and R1S, respectively, and unveiled at the LA Auto Show. Both vehicles were described as ready for rough terrain and semi-autonomous, and the company outlined a plan for its next generation of models to be fully autonomous.

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Rivian - Wikipedia

and R1S have a quad-motor system, which doles out 800 hp and 900 lb-ft of torque.

Which is better Tesla or Rivian?

Rivian earns a slight edge over the less-expensive Teslas here, claiming that the R1T tows 11,000 pounds compared to 7,500 and 10,000 pounds for the single- and double-motor Cybertrucks, respectively.

Could Rivian be as big as Tesla?

Key Data Points. Rivian shares may never have the phenomenal returns Tesla stock has provided. But the company has a good base of orders and plans to be able to ramp up to large-scale production with a total planned capacity of 600,000 annual units. Like Tesla in its early years, it must overcome the early challenges.

Are Rivian cars good?

While startups like Lucid Motors have struggled with panel gaps and fit and finish issues Rivian seems to be performing admirably in the area, perhaps due to Ford's influence over the firm. The various drive modes are useful, meanwhile performance is excellent. The interior space is great.

Will Rivian be successful?

In the long run, Rivian aims to capture more than 10% of the global EV market share. If Rivian grows as expected, it could be a big and profitable EV maker 10 years from now. It has entered early into the electric pickup truck segment and may succeed in capturing a chunk of this market if it ramps up quickly.

What EV Start-Up Rivian Is Doing That Tesla Isn't

What does Elon Musk say about Rivian?

During an interview with the Tesla Silicon Valley Owners Club, Tesla CEO Elon Musk said that both Lucid Motors and Rivian, two US-based electric vehicle startups, are trending toward bankruptcy. The CEO said: Unless something changes significantly with Rivian and Lucid, they will both go bankrupt.

What's wrong with Rivian?

Rivian has too many problems at hand: It faces a shortage of key raw materials and struggles to ramp up production while burning through cash rapidly. Additionally, the company faces increasing competition with each passing day.

Can Rivian use Tesla Chargers?

The Rivian R1T is capable of charging a Tesla, or really any other electric car. The fully electric pickup truck has plenty of power on tap, though the more important part here is its built-in inverter that allows it to deliver power to other EVs.

Is Rivian overpriced?

Summary. Despite a 75% drop in valuation, Rivian is still overpriced. Competitors like Ford have much more production capability and a lower price. Continued chip and metals shortages will affect Rivian more than other competitors.

What is so good about Rivian?

Rivian city driving

Really good sound insulation and air filters made the ride feel quiet and not gross smelling; all-purpose mode handled the potholes, and the big tires navigated the curbs nicely. Not being a full sized truck allowed me to see cyclists and pedestrians much better than a full sized truck would have.

Will Rivian fail?

Given all of the headwinds discussed, does that mean that Rivian is doomed to fail? Probably not. But, Rivian is one of thousands of unprofitable growth companies that have seen their valuations re-rated in the last few months, many of which have seen haircuts of 80% or higher.

Is Rivian a serious threat to Tesla?

Rivian filed for an initial public offering back in August. The 12-year-old company, which is backed by Amazon and considered one of the biggest threats to Tesla, is now one of the world's most valuable automakers, worth billions more than Ford or GM — even though, as of October, it's only delivered 156 vehicles.

How long will the Rivian battery last?

The Large battery pack offers up to 314 miles of EPA-rated driving range in the R1T and 316 miles in the R1S. Those figures fall a good deal short of the 400-plus miles of range the Rivian claims the $10,000 Max battery pack will provide for either Rivian vehicle.

Will Rivian use dealerships?

Rivian says more retail hubs are planned but, according to documents filed with the U.S. Securities and Exchange Commission, it does not intend to use franchised dealers and is developing a network of service centers around the country to fix the vehicles it expects to sell online.

Will rivian R1S have 400 mile range?

Rivian says the $10,000 Max battery option will increase the range for both the R1T and R1S to over 400 miles; with the standard Large 135 kWh pack, it's an EPA-rated 314 miles for the R1T and an estimated 316 for the R1S.

How long is the wait for a Rivian?

Rivian tells buyers of trucks, SUVs with 400-mile range to wait until 2023.

Is Rivian owned by China?

Rivian Automotive, Inc. is an American electric vehicle automaker and automotive technology company founded in 2009. Rivian is building an electric sport utility vehicle (SUV) and pickup truck on a "skateboard" platform that can support future vehicles or be adopted by other companies.

Why Rivian going down?

What happened. The entire automotive industry has been struggling with supply chain issues, including a shortage of semiconductors. But the Rivian Automotive (RIVN -1.77%) CEO is warning of a much bigger looming supply issue, and that has the stock down to start this week.

Does Ford sell Rivian stock?

Ford sold another 7 million shares of Rivian on Friday at an average price of $26.88. It has about 87 million shares of Rivian left, after selling 8 million on May 9, the day a lockup prohibiting insider sales of the company expired following its initial public offering.

Can I charge my Rivian with a Tesla Supercharger?

The Rivian charging network is not compatible with the Tesla Supercharger network. The two networks use different plugs (CCS Combo 2 for Rivian, and Chademo/Supercharger for Tesla) and therefore, you cannot charge a Rivian at a Tesla Supercharger station.

Will Rivian charging be free?

A Rivian Membership subscription's bundle of benefits includes, under the current “beta” terms and conditions, unlimited free charging at Rivian chargers. Rivian buyers will get free trial membership for a year, after which there will be a still-to-be-determined charge.

How long does it take to charge a Rivian SUV?

The entire charging session took one hour and thirty-five minutes. We broke the session up into three 32-minute sections to demonstrate how many miles of range per minute is added in each third of the charging session.

Is Rivian owned by Tesla?

No. As for who owns it—Rivian owns Rivian. It was founded in 2009 by engineer RJ Scaringe, initially as Mainstream Motors, then briefly as Avera Automotive, based in Scaringe's home state of Florida. The company, renamed Rivian, started with a small crew and an original plan to build a mid-engine hybrid sports car.

When can I buy Rivian?

If you're thinking of investing in the electric vehicle (EV) sector, then popular electric pickup and SUV maker Rivian Automotive Inc. has filed to go public, with its debut taking place on November 9, 2021.

Is Rivian rival to Tesla?

A host of Wall Street's biggest banks remain bullish on electric vehicle maker Rivian, predicting that the company can still become Tesla's next big competitor, despite the stock's massive run up since its blockbuster IPO in early November. Rivian founder RJ Scaringe.