Have you done the math on that? $102b market cap / 30,000 sprinters = $3.4m per Rivian. Didja like how Amazon put seed capital in July so that the market could freak balls in November? Know who the greater fool is here?

There's this idea that electric vehicles are hard or something. They're not. I've built five of them. You get rid of all the difficult shit when you ditch the gas, with the exception of the batteries, which you're going to fob off on someone else, unless you're Tesla who got burned (literally) by other people's batteries so now you invite Panasonic under your roof. And since you're a new company you have no contracts with the UAW so you can pay people whatever and build wherever you want. There's no secret sauce here.

mercurial man-child

something named after a pair of scissors

"Henrik Fisker (born 10 August 1963) is a Danish-American automotive designer and entrepreneur based in Los Angeles, California. He is best known for designing luxury cars including the BMW Z8, Aston Martin DB9, Aston Martin V8 Vantage, Fisker Karma, Galpin-Fisker Mustang Rocket, VLF Force 1 V10, VLF Destino V8, Fisker EMotion, Fisker Ocean, and Fisker Orbit."

The Fisker Karma is also what the Tesla S would have looked like if Elon Musk hadn't pissed off Henrik Fisker enough to go "nvm I'll build it myself." Tesla sued and lost.

or something built by Ford.

Ford, at the height of the pandemic, made 4 million cars a year. Rivian has so far made 40. That puts them at roughly double the Vector W8, the second- most vaporware car in the history of America. That is two orders of magnitude less than Bricklin. Even DeLorean was over 5,000 a year and they didn't have a $104b valuation. They sure as shit didn't lose a billion dollars making 40 trucks.

PROTIP: if I throw a stealth bomber up there in a discussion of valuation ya need to counter with something better than "named after scissors."