Rivian about to cross VW’s mk cap without sales

www.bloomberg.com/news/articles/2021-11-12/rivian-is-now-biggest-u-s-company-with-no-sales-amid-ev-fever

So let’s look at the facts:

• CEO has no track record of success.
• Company has no sales.
• So far the company has managed to ramp production to only one truck a day.
• The company is “targeting” a total of 1mn production rate in 2030. This includes vans, trucks, etc.

h/t  big663