25 Burst results for "Rivian"

"rivian" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:35 min | 2 weeks ago

"rivian" Discussed on Bloomberg Radio New York

"Of rivian since it's IPO rising prices Well rising stock prices right That's the thing In the deck section Bloomberg news editor in chief emeritus Matt Winkler explains why this company is $130 billion valuation In the absence of any actual sales is the ultimate validation of Tesla in the EV business Yes So this is I found an international story because as we've seen rivian just absolutely popped since its IPO it actually ends up and that's not right It validates Tesla Tesla has been out here for ten years and the assignment came from basically like how did Tesla compare win a IPO to rivian's IPO And one of the biggest things is that actually at the moment that Tesla IPO and people forget this they actually had product that was generating revenue Obviously rivian a different story in that matter But because of the backing of companies like an Amazon having a huge stake in Ford it's sort of and the fact that they're looking at product lines that Tesla has not yet quite been in there's a lot of euphoria for the investors who felt like they may be missed out on Tesla Here's another chance to get in the game All right well that's a great story And there's another one by Claire sedit on child care the most broken business in America So definitely check out the issue on newsstands online and of course on the Bloomberg Joel thank you so much Have a great weekend Our thanks to business week editor Joel Webber joining us with a look of this week's double issue And coming up next in American media powerhouse is igniting a startup spark within its vast portfolio of businesses How Comcast NBCUniversal is bringing a new wave of entrepreneurs into the fold you're.

Tesla Matt Winkler Tesla Tesla rivian Bloomberg news Claire sedit Bloomberg Joel Amazon Ford Joel Webber America Comcast NBCUniversal
"rivian" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:37 min | 2 weeks ago

"rivian" Discussed on Bloomberg Radio New York

"An aircraft order from Airbus or Boeing that could well total above 100 jets as part of a push to lure more tourists Boeing shares up now by 4.9% And Tesla shares nearing bear market territory after tumbling over the past week as CEO Elon Musk sold a chunk of his stock in the electric vehicle maker and hinted that he may sell more Tesla tumbling today by 4.3% The electric truck maker rivian continuing its advance up by 11.1% One O two on Wall Street time now for the market drivers report with a focus on American depository receipts Here's pretty Gupta Well thank you Charlie to start broadly here The S&P 500 ADR index is about flat right now training in line with the S&P 500 under the hood a much more exciting story kicking off with oatly ticker OT LY the ADRs are down 23% after the maker of vegan food and drink cut its sales expectation for the year citing supply chain snarls and pandemic relief obstacles weighing on growth You also have BBVA down 4% of the Spanish bank sliding after seeking full control of Turkish blender offering to acquire all the shares doesn't already own to the upside though you have royal Dutch Shell take your RDS shares are up to me ADRs are up two and a half percent the oil and gas company sings playing to simplify its structure establishing a single line of shares and moving its tax residents to the UK and lastly Charlie Phillips tigger the ADR sound 11% the medical equipment maker falling the most in ten years after the U.S. FDA asked for more tests on a silicone foam that plans to use to repair ventilators that were recalled earlier this year All right we thank you very much That's so again recapping equities trading mix ten year 1.61% S&P lower a little change now down by one point I'm Charlie peloton that is a Bloomberg business flash This is balance of power with David Weston If you're going to depth of finance for anything hard infrastructure investments are probably the place where it makes the most sense to do so Business demand and addition to leisure demand He's going to start to come back in a much more material way Where the world of politics meets the world of business What comes next is a global steel arrangement with the EU We're seeing the rise of a country that is unlike something we've seen probably ever before which is the rise of China Balance of power with David Weston on Bloomberg radio A busy day in Washington as President Biden signs the bipartisan infrastructure Bill in the afternoon and then in the evening holds his first virtual summit.

Tesla Boeing rivian Elon Musk Airbus Charlie Phillips Charlie BBVA David Weston royal Dutch Shell S FDA
"rivian" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:48 min | 3 weeks ago

"rivian" Discussed on Bloomberg Radio New York

"And we had a chance to ask rivian's CEO RJ syringe all about it And scoring tells Bloomberg's had ludlow why he thinks the company is worth what investors are pouring into it As you look at our business there's really two arms We have a consumer side of the business and really the tip of the spear the first products we often think about is the products that are open to brand umbrella our R one T and R one S and they're really going into a segment that hasn't seen this level of innovation at this level of technology And really allowing us to build a brand around this idea of both inspiring but very importantly also enabling people to go do the things they love And so we vertically integrated the electronics in the vehicle We've very clearly integrated the software stack We built a propulsion platform that's incredibly scalable And a lot of that vertical agent on that platform has allowed us to go really fast on building out the commercial side of our business With our first customer really also being a flagship much like the R one T in the R and S with Amazon And their initial order being a 100,000 of these vans really allowing us to even further having for the admin impact in terms of how we electrify the full space But let's dig into Amazon Bloomberg reported that rivian is prioritizing the production of the Amazon van You're obviously on a deadline to deliver 10,000 by the end of next year a 100,000 by the end of the decade How are you going to manage that Your own consumer products and the constraints of having to deliver for Amazon I think this is a misunderstanding Often when people look at the business we've designed the company at its core and really in part having these two different programs to create a forcing function for us to build and grow the ability to be able to develop multiple programs at the same time and launch multiple products at the same time So when you see the R one T the R and S and the commercial band These are different teams that are developing different launch teams They're even different production lines So the van of course isn't built on the same line as the truck That separate team and that a focus on discipline of building those separate organizations Of course polling from the same pool of resources allows us to go very fast on two programs at once And really the core of that is our desire to build out really our portfolio of products that's broad enough for us to achieve significant scale quickly And to have as much impact as possible That's really the reason it started the company It's the reason we had some of our early pivots as we designed and iterate our strategy was really in service to the question of how do we maximize impact How critical has Amazon been to the various valuations the company's been assigned along the way the credibility the rivian's been able to build Well Amazon's been a just an outstanding partner Of course there are major shareholder but aside from that and I would say much more important than that is the collaborative relationship we have with them And in the vehicles that we're developing on the commercial side what you see on the surface is a really friendly easy to get in and out of very efficient very easy to load and unload a van that's optimized around last mile It has a whole host of applications But what you don't see is all the infrastructure that we're building around that What we call our fleet OS platform but essentially the ecosystem of services that we're able to wrap around the vehicle to make it very efficient to run and to be able to work closely with Amazon and understanding what the needs are for us to build that system has just been awesome It's been really exciting and working to understand how do we find opportunities for efficiency but also how do we make the environment for the drivers and the operators really comfortable in something that they want to come into What are you going to spend that money on I think as you look at the scale of what has to happen as an industry today there's well over a billion vehicles on the planet A teeny fraction of those are electric and really over the next ten to 15 years we have to electrify that entire fleet We have to replace well in excess of a billion vehicles gasoline and combustion powered vehicles with electric vehicles So the scale of this is just it's in some ways unimaginably large And it's going to require multiple companies to be building multiple products portfolios of products that capture addressable market in different form factors different segments And for us we're very focused on that So what we're looking at today is our launch products but making sure we have the capital to continue scaling that this is building additional production capacity for future products Continuing the development of those future products along with the technologies is really key Blue makes reported you're in talks with the city of Fort Worth to invest $5 billion in a plant there You're looking at potential sites for a plant in Europe potentially the UK what's the update on those fleas We haven't been any announcements around our second facilities second or third facilities There are certainly a lot of speculation but these are really important decisions and for us it really comes down to looking at the ability to recruit an outstanding team to come in and help drive and operate these facilities So looking at the pool of talent that exists in each of these locations these potential locations as well as of course the access to the supply chain So we're suppliers are and with logistics looks like to bring components in And that was rivian's CEO RJ scoring with Bloomberg's at ludlow And coming up The supply chain problems and the railroad industry You're listening to Bloomberg best With prime get lightbulbs delivered in a day Edison would be proud Indeed I'm proud Get your everyday essentials delivered fast Change everything.

rivian Amazon Amazon Bloomberg ludlow Bloomberg Fort Worth Europe UK
"rivian" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:58 min | 3 weeks ago

"rivian" Discussed on Bloomberg Radio New York

"That's rivian ringing in the company's public debut the largest IPO of the year and the 6th largest ever in the United States Cheers rising as much as 47% pushing the electric truck baker's value past traditional automakers like Ford and GM topping EV rival lucid For more on the path to the public markets our own at ludlow spoke with rivian CEO RJ schering in an exclusive interview We spent years and years putting this together and really what's so exciting is seeing such a diverse group of people with diverse backgrounds and interests really coming together to create these products and standing there today looking out at the teens as we were hitting the bell It was quite emotional Seeing it seeing so many passionate faces It was really powerful So we're excited and of course this is the first step of many with us becoming a public company and now having the opportunity to really accelerate a lot of our areas of focus in terms of scaling the impact that we can have with our products and with what we're building How critical has Amazon been to the various valuations the company's been assigned along the way The credibility the rivian's been able to build Well Amazon's been a just an outstanding partner Of course there are a major shareholder but aside from that and I would say much more important than that is the collaborative relationship we have with them And in the vehicles that we're developing on the commercial side what you see on the surface is a really friendly easy to get in and out of a very efficient very easy to load and unload a van that's optimized around last mile It has a whole host of applications But what you don't see is all the infrastructure that we're building around that What we call our fleet OS platform but essentially the ecosystem of services that we're able to wrap around the vehicle to make it very efficient to run and to be able to work closely with Amazon and understanding what the needs are for us to build that system has just been awesome It's been really exciting and working to understand how do we find opportunities for efficiency but also how do we make the environment for the drivers and the operators really comfortable in something that they want to come into So you've raised ten and a half $1 billion in the private markets I guess around $12 billion in the public markets What are you going to spend that money on I think as you look at the scale of what has to happen as an industry today there's well over a billion vehicles on the planet A teeny fraction of those are electric and really over the next ten to 15 years we have to electrify that entire fleet We have to replace well in excess of a billion vehicles gasoline and combustion powered vehicles With electric vehicles So the scale of this is just it's in some ways unimaginably large And it's going to require multiple companies to be building multiple products portfolios or products that capture addressable market in different form factors different segments And for us we're very focused on that So what we're looking at today is our launch products but making sure we have the capital to continue scaling the business building additional production capacity for future products continuing the development of those future products along with the technologies is really key And we are really striving to help drive and lead this massive transition that we're going to have to stay over the next ten to 15 years Index reported you're in talks with the city of Fort Worth to invest $5 billion in a plant there You're looking at potential sites for a plant in Europe potentially the UK what's the update on those fleas We haven't been any announcements around our second facilities Second and third facilities are certainly a lot of speculation but these are really important decisions and for us it really comes down to looking at the ability to recruit an outstanding team to come in and help drive and operate these facilities.

rivian RJ schering Amazon ludlow GM Ford United States Fort Worth Europe UK
"rivian" Discussed on CNBC's Fast Money

CNBC's Fast Money

05:35 min | 3 weeks ago

"rivian" Discussed on CNBC's Fast Money

"Welcome back to past 20 EV maker rivian soaring and it's highly anticipated market debut the stock any 29% in its first day of trading. Let's get straight to fill a bow with the details. Phil. Melissa, today, as rivian shares where soaring relative to the IPO price of $78 when they first started trading, I kept on hearing from people, this valuation is crazy. And I would often say to these people who've stopped me and asked me this question, I would say, well, why is it crazy? And they'd say, well, look at their numbers. They are losing money. They don't have any revenue. And the fact of the matter is when you do look at the bottom line, at least in the third quarter, what's expected is the loss of up to $1.28 billion. Revenue, anywhere between zero and $1 million, they're just starting to deliver vehicles. But that's not a surprise. Everybody knew this going in. So why is there so much anticipation for rivian? Why is there so much appetite out there? Part of it is because of their order bank. They are with a 100,000 orders in their pocket from Amazon, which is the large shareholder. They have 20% stake in rivian. And then you've got the R one T electric pickup truck and the R one S, the electric SUV, rivian has just over 55,000 of those. By the way, they have begun R one T deliveries just a few so far. But this is the excitement that people have regarding rivian. The expectation that electric vehicle sales, they're accelerating. We're going to be up to 1 million by 2023, 2 million in the U.S. by 2025. By the way, the previous estimate just 6 months ago was a million in 2025. So when you take a look at the auto market caps, this is the way it ended today. Rivian, a little bit behind General Motors at just under $86 billion. Nobody's close to Tesla at this point, but rivian is with alert does have a larger market cap than Ford. Finally, I want to talk about Ford and Amazon as you take a look at how shares of rivian did today, Amazon has a 20% stake in rivian. That's worth about $17 billion today on paper and then you've got Ford its stake 12% is worth around $10 billion. Curious to see what happens from here, whether Amazon makes an even greater commitment as they indicated they did want to buy some more shares. And they are heavily involved in what rivian is doing. Meanwhile, Ford, no longer has a seat on the rivian board, and there are some questions about how long will it keep at stake in rivian. No indication they're going to sell right away, but is this something that they're going to hold? I don't know. 6 months, a year two years from now, we'll have to wait and see. Melissa? Phil, thank you. Filippo in Chicago force on the rivian IPO. Let's get the boxes up. I want to ask the traders a question. Show of hands. Who are the two traders who bought on the IPO today? Raise your hands, please. All right, I knew it. Okay, Steve Grasso. Why go in? What price did you get it at? So I bought a third of what I wanted to buy today. It just at the market on the opening. So I didn't get anything allocated nor do I did I ask. This is something that I thought about in the last week or so. And I thought that this is what the EV explosion that we're seeing. There was going to be tremendous hype around this stock. I had said last week on the show that I thought it would trade to a hundred on the first day of trading. That was when it was priced at 57 to 62. It did that on the opening and then traded a one 20. I think that you're going to see the ebb and flow. This is not for the faint of heart. You're going to see this stock come back in and out. They're going to talk about that original IPO price of $78 back and forth. And I think ultimately, this is going to be a stock that's going to be two, three, $400. The valuation is going to be absurd. And there's a dislocation between fundamentals and stock price and that's been going on for quite some time. The headway that Tesla made in the EV space is going to make rivian's a set that much more easy. So Pete, why did you buy, and the second follow-up question, which I'll ask Steve later is did you sell? Also today. Yeah, I did not sell I was allocated on the IPO price 78. I plan on holding this for a while now. I got it at obviously a discount to where it actually opened up. And I'm just confident in the EV market. You know, even Ford and GM from that perspective I just think that is the direction we're going and my portfolio reflects that. I've got a lot of different positions and a lot of EV stocks charging stocks. Those kinds of things. So I'm a big believer in this whole space. And you know, when I look at the partnerships that they've got, or at least the ownership, when you've got Amazon with 20%, you've got Ford with 12%. This is the one thing we're Phil and I didn't get a chance to talk about this and I know one of the other traders did and was going back and forth. I don't think that Ford is looking forward to selling their stake. Obviously, they don't use the technology. But I don't think this is something they want to sell because this gives them that one more leg in the EV space that they probably would like to hold on to. And I continue to think that this is a space that's got a lot more upside. Obviously, when you've got Amazon and you've got those orders, a 100,000, I don't think that's the end of it. Matter of fact, I think that's the very beginning of it. So I think that becomes a really beautiful partnership with 20% ownership of the company. They have confidence I think in this company. And I think this company can go a lot higher. I'm Steve just real quick. Did you sell also today? No, I didn't sell. I'm using that backstop at 20% with Amazon. All right. Coming up a big red flag on inflation.

Ford Amazon Rivian rivian Phil Melissa Steve Grasso Tesla GM Filippo
"rivian" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

07:39 min | 3 weeks ago

"rivian" Discussed on Bloomberg Radio New York

"Shares lower ahead of the earnings report down by 5 tenths of 1% First half trading for rivian automotive that's the electric truck maker rivian shares up now by 26.9% Recapping stocks are trading lower with the S&P down 46 Lauren Al by 1% I'm Charlie pellet and that is a Bloomberg business flash You're listening to Bloomberg businessweek with Carol masser and Bloomberg quick takes Tim steine on Bloomberg radio All right everybody Yep this is the Wednesday edition of Bloomberg business week Carol master along with him standing back in her interactive broker studio This comes up in a headline Howard marks of oaktree capital management talking about the markets we know we want to know more Yeah wait a second I thought we were at record highs or at least until you know yesterday we were and just record closes day after day but still he's saying put your bonus in an S&P 500 fund and just close your eyes Yeah it's kind of worked for a long time It feels like Bloomberg news personal finance reporter actually caught up with Howard marks She is Suzanne woolly and she joins us here in our interactive brokers studio Howard marks this is someone who's seen a lot of market cycles And someone very familiar to our audience Yes And he's made really good calls on a lot of market cycles In his view is just you know most investors we've heard this before Most investors should not his feeling is we don't do our own dental work We don't even fix our own cars you know investors shouldn't necessarily think that they can time the markets and they are kept in those active managers To some excite Sorry Well you know I mean his view is just set it and forget it You know he's saying the economy you know over time usually goes up the markets usually go up and people just shouldn't try to be too cute His basic thing is you know holding is the key Not selling at the bottom which is what a lot of people do in a big panic Buying at the high isn't great but selling at the bottom is the cardinal sin according to Howard marks Easy to say in hindsight when we take a look back and realize that mid March 2020 or march 23rd I believe it was was the bottom at least of this cycle I want to talk cryptocurrencies though too because he recently said that he has an interest in cryptocurrencies thanks to his son Yeah he does He mentioned Bitcoin so I asked him if he just owned Bitcoin if we owned other coins You know other investments and he said his son his son manages the crypto portfolio and also the technical growth stocks but he said his son really isn't so much invested in coins as he is in cryptocurrency infrastructure Ah And he said he kind of sort of that's not his expertise He thinks it's an area where you need a lot of expertise So he said you know he just doesn't really look at it and lets his son do his thing So he's not investing into it Oh no he is invested because his son manages some of the money but he's not going to micromanage crypto investments because that's not his forte You know what's so funny I think about cancering who's been on and he his son also I think turned him on to crypto at least to look at it It's interesting to see the older generation who are very accomplished but they're listening to okay they're looking at a younger generation whether it's how they shop or how they do FinTech and they're listening up It's true I hear them from financial planners who have their clients call up so you know my son made 4004 1000% of this meme stock What am I doing What's this donors that we talk about So it's interesting What about private equity And this is something that increasingly you're hearing the private equity world wanting to be able to tap to a wider audience And I think it's safe to say that some individual investors are credited or other who would like to have a piece of private equity And the returns He thinks that alternative investments will ultimately find their way into four-o-one-ks which they largely are not now Right But all the money that's pouring into private equity You know he was talking about pension funds and endowments They need to get sort of a 7% return to make the math work And they can't get that in the stock and bond markets So they basically have to turn to alternatives and the biggest category is private equity So that's where the money's going His concern is having so much money chasing deals doesn't lead to great returns When I read something like that though I think okay wait a second The S&P 500 right now is up 23% this year So had he just set it and forget it in S&P 500 Index fund then they would have certainly seen those endowments would have certainly seen more than a 7% return this year That is a really good point I don't know Exactly And you do wonder do we get a little bit of a rethink from endowments I guess we'll only see time will tell It's harder though They're very entrenched in alternative assets And they need sustainable returns I mean they need dependable returns And it's going to be interesting to see if private equity will produce what they need They need 7% in years where the S&P 500 might be down 10% Exactly Susan what was your biggest takeaway from talking with Howard marks I mean I loved what I consider like sages of the financial community where somebody who's seen a lot of different cycles seen crises and can kind of look back like a Warren buffet right And doesn't necessarily stress out too much But looks for opportunities What was your biggest takeaway This is really basic but what stuck with me is how holding is the key Because I think we're all so much more interested in the markets now We have so many more ways to tweak our four-o-one-ks and you know go on Robinhood and this and that And the key is you know your asset allocation and holding not jumping in and out So just the simple fact that we have to remember not to try to time the market That investing boring investing can be really good investing We hear it from people like Warren Buffett all the time too I mean it's not sexy but it's true Yeah exactly No it's interesting Although I'll sometimes argue that there is a point when you look at a year like this year or last year where you could say all right 20% or something or 15% or 70 That's a great market year Like let me play it safe Let me move it to the side because we do get corrections or even if we don't get an official 10% correction We get awfully close right So I understand as time in the market but you've done this long enough You've done this long enough I've done it Where I'm like I can see where we're a little overheated And you're going to see a bit of a pull back right I know I think well the reason that comment stuck with me is because I am looking at my 401k and I'm dying to take money off the table basically Suzanne's buying an island No but right You just get to a point where you're like and they've always said don't be too greedy when you're looking to sell something Like have your exit point and become comfortable with it But that would be breaking the cardinal rule right Which is just use it when you need it when you retire and take out four to 6% a year Yeah I mean you're a personal finance No no no you said it well Is that Yeah It's hard It's hard to resist that temptation when you see the S&P 500 higher by almost 25% It is And you know that's I mean I feel it We all feel it because we're portfolios four-o-one-ks are looking pretty good right now But right who knows That could go away Hashtag fomo hashtag Tina Let's just do the whole hashtag There's a whole psychology thing here We could be talking about here right Always good to hear what you are writing about and always great.

Howard rivian automotive rivian Lauren Al Charlie pellet Carol masser Bloomberg quick Tim steine Bloomberg radio oaktree capital management Bloomberg businessweek Suzanne woolly Howard marks S Bloomberg news
"rivian" Discussed on CNBC's Fast Money

CNBC's Fast Money

05:45 min | 3 weeks ago

"rivian" Discussed on CNBC's Fast Money

"Market side overlooking New York City's Times Square, this is fast money. I'm Melissa tonight started a lineup guy domini Tim Seymour Karen Feynman and Dan Nathan. Tonight on fast GE heads to splitsville, the industrial giant braking into three separate companies, but will the breakup unlock real value for investors? We'll debate that straight ahead. Plus we are tracking the after hours action in shares of coinbase, the stock is down 9 and a half percent right now in earnings. The company's call kicking off in less than 30 minutes. We're dialing in. We're ready to bring you all the big headlines. And later, Tesla takes another tumble. The stock's getting nearly 12% today. We'll tell you what sent shares into reverse. But we start off with the countdown to one of the biggest IPOs of the year rivian about to price shares begin trading tomorrow. Let's get straight to Filippo with all the details fill. Hey, melis here's the latest on pricing. And by the way, most on Wall Street who I've talked with have said, do not be surprised if you see this price at the high end of the range and also if you see this stock run tomorrow once the trading begins. So the expectation that was set by the company 72 to $74 a share. Remember it was originally 57 to $62 a share, 135 million shares, a valuation of up to 65 billion for rivian, by the way, the proceeds from this will top $8 billion at least that's the expectation right now. I want to show you two stocks that people are going to be focused on as rivian starts to trade. We're talking about Ford and Amazon and what we're showing you are these shares back at the beginning of 2019. That's when Amazon as well as Ford within a couple of months of each other, both made substantial investments in rivian at the time. I think Ford's initial investment was a half $1 million. Well now, Amazon owns 20% of rivian. That's its stake in rivian, Ford owns 12%. Amazon has already indicated in the latest S one Melissa, they're doubling down. They said they will likely buy more shares. Meanwhile, Ford, while it had a close relationship with rivian, back when they first made an initial investment, there was a board member, rivian's platform was going to be the platform for Ford's EVs. It's not the case anymore. They no longer have a seat on the board of rivian. They do not have rivian's platform as their platform for electric vehicles, so it'll be interesting to see whether or not Ford cashes out at some point and says, look, we're going to get 7 or $8 billion out of this IPO, which is a nice payoff on a half $1 million initial investment. I have billion initial investment. So those are the two stocks that people will be talking about. And again, we're waiting for that pricing for the IPO and rivian's trading tomorrow on the NASDAQ, our idea. Phil, just quickly, what's a thinking behind for distancing itself as opposed to embracing the relationship and leveraging that more as they expanded to EVs? That's been going on for some time. Melissa, and that started, you know, a while ago when they made the decision that they were not going to have the board seat. They gave that up and they also made the decision that they were going to do it themselves. That they were not going to use the platform for the R one T truck as well as everything else that Riviera was working on that they felt they could do it better on their own. So it's not an acrimonious relationship between Ford and rivian. It's just that they decided, we're going to go in this direction. So that's why many people are watching, hey, does Ford ultimately say, congratulations on the IPO. This has been a nice payoff. Or do they at some point in the future melis say, yeah, maybe we should work a little closer with RJ scoring in his team. Phil, thanks, keep us posted on the pricing when it comes, fill a bow in Chicago for us. What do we make of this IPO? I mean, there's so many ways to go at it, Karen, in terms of what it might say about where we are in the markets, but what it might say about the EV space itself, if given to you at 72 bucks a share of Karen or if you had the opportunity to buy it, would you grab that opportunity? Do I have the opportunity to sell it shortly thereafter? Then yes, I would. I just think that there's going to be so much hype around this. I think, you know, just the dynamics of the way an offering goes, you can't really short stock at the beginning. And it's got so many buzzwords and, you know, the truck looks really cool. Paki was saying last night, you know, they're just raving about how great the truck is. So yes, I would is the short answer. Valuation be damned. Maybe the hype is deserved. I mean, if everybody's coming out with great reviews for this thing, and the field is wide open for this kind of SUV because there isn't another offering that will compete directly with a guy, maybe it's could it be that the hype is warranted? In this case, I think the answer is yes, Karen mentioned pachy pmac as I call him. But yeah, he talked about it in glowing fashion. And I think the hype business are, you know, if you read over the last couple of weeks, people say this will be the most talked about most important IPO of 2021, and that's probably gonna be the case. Karen's right, if she has the opportunity to sell it, but this is one of those things that can be indicated 72 75 and you could open significantly higher than that and Phil was just talking about a $65 billion valuation at those levels. It's reasonable to think it will trade it evaluation north of Fords, which is currently $80 billion. I mean, that's just the world we live in. With that said, you know, I don't know how you trade rivian necessarily, but we've been pretty steadfast. Tim and Karen specifically about Ford and maybe today was a short term capitulation day given the volume, traded north about a 150 million shares in Ford, but I still think there's room to the upside. Yeah, we don't know how it's going to trade at the open. That's always the big unknown out there the next day, that's what makes it so exciting. At the same time, what we do now is that there's a love right now for.

rivian Ford melis Amazon Tim Seymour Karen Feynman Dan Nathan splitsville coinbase Melissa Filippo Times Square Tesla Karen
"rivian" Discussed on CNBC's Fast Money

CNBC's Fast Money

01:50 min | 3 weeks ago

"rivian" Discussed on CNBC's Fast Money

"The unique thing about rivian's kind of truck and SUV is that it can go zero to 60 in three seconds on the open road, but then it can off road. And so they're targeting this outdoorsy affluent crew. Currently in the market, there's nothing kind of competing for will come out with the F one 50 lightning. That will be in the $40,000 price point. I think that's targeted at a traditional kind of F one 50 buyer who wants to go EV. Upmarket, you know, you'll have the CyberTruck and someone Tesla's vehicles if you do want an electric SUV, but right now they're in this partner market where they're in between the forward and the Tesla in kind of lucid pricing. And they're going after this group who hasn't been targeted with an EV yet. Pataky, great to have you on the show. Thanks for joining us. We'll see you soon. Great to be here. Packie McCormack, best name in the business, not boring. All right, so do you think do you agree with pack in terms of the segmentation of this market? Because he's the Ford F one 50 and the elect the lightning version of it. The EV version of the F one 50 is probably for existing F one 50 owners. This rivian is the wealthier set. And the CyberTruck is for robots. So a guy basically is saying that that it's wide open for rivian, and there's no real competition. Yeah, first of all, pmac has forgotten more about this than I'll ever know, number one. And his podcast is a must listen, but I'll say this in terms of the stocks and he's probably absolutely right, but, you know, Tim has talked about this Karen Dan Ford to me, even though it's a 20 bucks is still an opportunity. Huge volume day. I said a couple weeks ago, you're gonna start to see analysts raise their price targets. I'll stand by that on a side note, I think no more actually lowered their price target to 13, which is interesting, but I still think Ford is a way to play this. And I think with the rivian even more so. All right, coming up, coinbase.

rivian Tesla Packie McCormack Karen Dan Ford Ford Tim
"rivian" Discussed on CarCast

CarCast

05:49 min | 2 months ago

"rivian" Discussed on CarCast

"It's fast but i don't know how things are gonna stop. I gotta use it's motors along with breaking it. Just it'll be interesting to see what the testing is on that but anyway you you cut it stopping nine thousand pounds trying to throw nine thousand pounds. I round turn is is a big feet right. So there's there's that so it'll be interesting. Well we'll dig into this a little bit more. I kind of want to get some thoughts from alastair weaver as well but there are some pretty cool features that that stand out first of all that gear tunnel behind the cab in front of the bed. That's the gear tunnel. It's got doors on each side of the vehicle you can open up and slide all the way through the entire with of the vehicle something like seven feet of storage and riviere is going to have several options of what you can do what you can put in there but the aftermarkets go nuts with this thing is well you talk about over landing camping. Imagine a seven foot long whatever six foot long slide out kitchen. That comes out right. That's you know that Has stove top and barbecue and storage and like really really cool stuff or camping gear. It's it's really cool features. There's also an on an onboard air compressor at the back of the vehicle. There's a there's a host hookup long. Hose off roading and your air down your tires. You go right to this air. Spout you hook up the host. You could refill all the tires and get going again onboard compressor. Who knows what else you can use that for. It's got a cool little of like bluetooth camping speaker bluetooth. Maybe it's usb. But you know it it docks in the vehicle in the center council but then you can take it out and you have kind of a speaker that you can play music to you. Know how the rolls royce when you open the door. It's got the the umbrella that pops out. Well ribbon has a flashlight. So that's kind of a neat need feature so there's a handful of things and because it's got an independent suspension and eve under the bed. There's a giant storage compartment in the bed as well and i believe it can hold a spare tire. I think it can hold like a thirty four inch spare tire something in there. So it's it's pretty big. It seems like it'd be tough to get it out but And then keep in mind. These have a large franck right so talk about more storage there and look school. I can't wait to drive. I'd love to maybe talk to alastair or somebody who's driven it and spend some time with it to really get the driving impressions but riviera hummer and f one fifty or the three trucks to keep an eye out for very different things. But between now. And i don't know. I think spring of next year of those will be available. The ribbon is fulfilling orders. Now i believe in the fall will be pretty soon. Is going to be the hummer and then next year early next year. I'm not sure if it's a q. One thing or acute thing but it feels like a spring thing for the f. one fifty. What's the price on the radia. Ribian i want to say the ribian starts at sixty. I thought it was around there. Let me. I don't wanna get it wrong so let me just see if it's in this. We've been talking about this truck for what three years. Yeah let's see. The one that they drove was seventy three thousand. There's a sixty seven thousand dollar version. Category all impressed. I don't see how i think i think. Sixty seven five is the base price where you know. Keep in mind. The lightning is supposed to be. I don't know forty thousand base price and the homerun or not. It could be one hundred thousand dollars. So yeah there definitely going after a different audience for sure and the rangers gonna vary. I think there's like two hundred and fifty mile and a three hundred and something three hundred fifteen mile ribian. I don't know if it's out yet but they're supposed to be. Maybe it's a late availability. A four hundred mile version. So we'll see how that goes but everybody's got some catching up when it comes. Lucid listed hit that five hundred twenty mile. He's talking two hundred in. The beginning was going to be unreal. Yeah here five hundred thousand horsepower. Well three fair you could get the five hundred with the six hundred and eighty or something horsepower. Horsepower still like four three four four four four thirty. Something it's over four hundred. Yeah they got something going on. There are making the car and arizona. That's their plant is in arizona so i would love to go out there and visit their Maybe so i'm just saying. If we're going to go for barrett jackson we might want to take a little half day off and see if he could visit visit lucid. That'd be a nice little field trip loved to do that. Anywhere from lucid. If you're listening. I mean let me know what's going on there all right before we wrap it up a word from our friends at geiko whether you own your home or rent your home you know can be a lot of hard work but you know it's easy it's bundle your policies with geico geico makes it easy to bundle your homeowner's or renter's.

alastair weaver riviere Ribian motors alastair barrett jackson arizona geico geico
"rivian" Discussed on CarCast

CarCast

07:26 min | 2 months ago

"rivian" Discussed on CarCast

"Buy it. Those students across the is awesome to see. If you guys haven't got a chance to just see it in person and there's there's not at around out there there's some people that that are preyed. He competitive and i can still sound. I can still hear mary posey. Yelling lava donor amateur. I think when. I went down to that one one of the cars that i think troy trepanier built. Shut up like a nova. I think it was a nova and just had a big old pro charger on it. And just coming around the corner you just hear that thing whistling sh from from what seemed like a half a mile away just here that that. Yeah it's just it's gotta be the straight cut some kind of real loud sort of race blower on that day and it was sick kind of see it but all right so ribian were. The electric trucks are starting to hit. The market. ribbon is the first to be out there. And we know the next one. Is i. Believe the hummer the all ev hummer and then next year beginning of the year the ford f. one fifty lightning and interestingly enough three very different vehicles As far as what they're trying to achieve off-road certainly competitive but three looks three sort of intentions behind the vehicles but going off road with is at the top of the list of lot of sort of the testing. So i didn't get a chance to go out and drive the review but they did an event i believe in colorado the invited some people out some some journalists said now for i don't know if it was a day or a couple of days and they got the kind of do a little bit of everything from off roading and water and camping and kind of put these trucks through the paces. I will say there is an advantage in that world when it comes to being an easy right. let's take range out of it right but first of all the the low end torque the instant torque from an electric motor right huge advantages. There rock climbing low-speed off roading all of that. Huge advantage to the one pedal driving that often like all of these. Ev's have some sort of mod for it you can turn on and off but you can ease into the throttle a little bit to move it. Forward ease off the throttle little bit and it basically slows the vehicle down essentially applying the brakes. Does it with the electric motor. So you don't have to lift your foot off the gas pedal or needle half the left foot break so especially low. Maneuvering speed. low speed. Maneuvering is it seems a real benefit but the other benefit that you kind of forget about. Is we lose power with our gas. Engines with increased altitude and certainly ways to make up for it would be a boosted application. Right so i forgot what the ratio is always like eight horsepower. Eleven horsepower for every thousand feet. You lose some horsepower. Mostly on a naturally aspirated. Engine if you if you're turbo charging are supercharging you're forcing air into the motor and it helps to compensate for some of that altitude on an electric motor doesn't matter the electric motor doesn't care about altitude. It doesn't make a difference You know where you are with using it Our friend carol banks gale banks works with the military as well. And that's no secret. He does a lot of work with them. And all of the full-size humvees overseas that whole terrain is that a high altitude. So he had developed a an upgrade package and that would increase the horsepower and torque and be able to be installed and maintained in the field right and it included a tune and some inter cooler upgrades and a couple of bits and pieces that they can send the package overseas and the military can install it. Whatever humvee gets i recall. It's like eighty horsepower. And gobs of torque and at that altitude and ended are making like sixty horsepower and his packages. Bring it back up if not a little bit more to the to the stock thing. It's just a a pretty simple package and a part of his model was sending a bunch of those over to the military so as an e. You don't have that so that's one of the things just to kind of think about we. The low end to our talked about all the time but the effect of altitude is something. I don't think we really talked about too much on a lot of response to when he said lo low speed crawling would imagine. It'd be much more. Steady and much more controllable. It i think so especially if you can dial it in through you know through programming or through an interface or touch screen. You can dial in the stages of of Engine braking if you will for lack of better term you can dial that in a but can you dial into throttle responses. Well i if you can't you will be able to at some point because that just seems like an easy over the air update you know they can just your put your truck to sleep. The next morning it's got that new feature so and sure like a handbrake just to make sure. I knew the process of breaks in well. First of all the brake pedal is always there and it always works in an applies actual breaks in this case brando breaks. So you always have that but the idea of doing. Yeah doing the one pedal throttle. Like i did in the mustang machi just driving around like i left the facility and then i drove it around in traffic and it is a little bit of a learning curve you know. You're you're on the throttle. You're getting up to cars in front of you gotta stop light. He started let off the throttle and it starts to slow the vehicle down without you. Applying the prey but it feels like a break is being applied. You're not using your foot to do it. And through centers and stuff it seeing the car in front of you so it applies a little bit more toward the end there. That's it certainly felt like for me so you can. You can adjust that two different levels in the river. And i think there's three levels and you might be able to turn it off completely in the mustang machi. You can and just use the break. So driving around town on city streets from stoplight. The stoplight i turned it on to see how it was. But when i got up into the main to the malibu canyons and we were doing cutting some some curves and cutting through the canyons. I turn the feature off. And i just wanted in my head to have the relationship between the throttle and the gospel the brake pedal so it was kind of an interesting feature so pretty pretty cool stuff so.

mary posey troy trepanier carol banks ford colorado lo brando malibu canyons
"rivian" Discussed on CarCast

CarCast

02:59 min | 2 months ago

"rivian" Discussed on CarCast

"I drove a drove one. Maybe a and you can get them kind of stripped down right and then you can you. Can you can load them up. They do pretty good. Combination of pilots starts at under fifty thousand bucks. Forty seven seventy clearly blowing. That went out. Yeah yeah and and you can go up from there but it being a landrover it needed to have sort of the right combination of of a functional interior that you can wipe down easily and get dirty and sort of have that jeep ask kind of feel to it by also have enough of the luxury feel of things soft touch materials and stuff to make it feel like a higher end vehicle and in that regard. I thought they did well. And then you can decide if you want sort of the more rough and tough version sort of the more strip down interior. You know a don't worry too much about you. Know luxury carpets and stuff get the big rubber floor mats that hold mater snow and or you can dress it up and i do kinda like that version of it you know. Sort of what broncos intention is an certainly with gps intention has been for a long time but yes to step up to a little bit more of the luxury brand defenders pretty cool. Yeah route is when you mentioned that ninety grand price point. I know like she'd been under that. Yay comparison as which one yeah. It's half that. But it's exactly like what i talked about. You know. i've got a friend that lives out here in. La runs a company out here in la and then picked up a little a property in montana. And that's the car that he got for. Montana was four defender and i constantly see like pictures. And he's you know he was out there over over a few months in you know in the snow and skiing and doing whatever and and having a good time and roll around in the defender out there right and it was. It was perfect for that is perfect for that. Sure that means you have to homes and plenty of money saying shoot. Save all that money by buying the defenders you. Would you'd save yourself. You know forty grand or fifty grand or whatever thirty grand depending on how you get it outfit. Okay so let me let me tell you guys about maguire's the goodguys rod and custom association show and then i kind of want to get into this ribian truck a little bit. Goodguys rod and custom association is coming to dell mars. We talked about before out here in california for the twentieth. Maguire's del mar nationals. At the del mar fairgrounds at october. First through the third Man so huge shows.

broncos La montana Montana rod and custom association skiing Goodguys rod and custom associ maguire dell Maguire california
"rivian" Discussed on CarCast

CarCast

02:15 min | 2 months ago

"rivian" Discussed on CarCast

"Look. It could be a kobe. It could be time of year. You know change in schedule in september Could be the issue it could be. You know the requirement of proof of vaccinations. They also had like a rapid cova testing there. That's another line you can get in and just do the quick test and if you if you're negative you can go into the event would imagine that that obviously is going to deter some people right. We had this conversation with with. Chris cursing from sima as well. You know there was a mask. Mandate for sima. So you know that's fine but as far as proof of your vaccination unless vegas and the county out. There implements something like that for large. Attendees you know attendance venues or events like this. They're they're not going to unless they're forced to do it. And then you know as far as all the individual companies. I guess they can do what they want with their employees to make the decision but it was a great race. It was a great event. I agree i think. Attendance was down and they've got until the april event to to hopefully things get better and clearer and and we can focus on that. I i think schedule changes is a big part of it as well question. You know from april to september with numbers. Oh yeah yeah. I was curious. Okay so let me tell you guys about trike over a century ago. Trisha was the first to make wiper blades and they've been a step ahead of mother nature ever since trike engineers studied your specific driving conditions to make sure you're ready for anything even if it rains actual cats and dogs not quite sure how that's going to happen but it's possible bob more likely where you live over here. The weather the animals chief enjoy eventually to rain cats and dogs and cheap. Well whatever the weather try. Go wipers maintain maximum windshield contact. And no matter. What your driving habits are. You'll always find the right wiper. Blades for your vehicle trike. Oh it's the future of wiper.

sima Chris vegas Trisha bob
"rivian" Discussed on CarCast

CarCast

06:29 min | 2 months ago

"rivian" Discussed on CarCast

"The intro. was me in the twin turbocharger. You would hear a big trask. You're to go wall after. I second gear bitch to learn how to drive. Dude i to run with. I need a runway or tarmac. Yeah well definitely don't hit a wall because there's a lotta and we keep talking one of the richard right. Richard walling wait. Is it rawlings wallich's in that car. We've talked recently so much about the the power on that thing. But we haven't really touched on like seeing it in person because a while back when selvarajah was doing the bodywork. And he's like. I'm gonna do some carbon. I'm going to do red stripe. We're like okay when some of the photos kinda got teased on that thing. It looks good. A good combination of the gloss paint and exposed carbon. The i can't come up with stuff like that. You know the in the the creativity to do those little details. But i mean they elba job. The things beautiful. it's funny. I've i've had it two weeks and i haven't put videos out again but i just i want to do right. We don't wanna do it right. I want to be able to drive the car without looking like an insul- and without killing myself and i want to be able to put something out there. That's cool you know. Hopefully well at least get some you know. Get a couple of beauty shots at that pain and put it up on instagram. Just so we can take look at that thing in person because at this point it was only kind of teased and a few close up shots. The detail shots and although it's not an over the top paint job which black it's just the right way like you said just a pretty good artistic look at how to do the gloss black with the the exposed carbon and then kind of break it up with with a stripe of some sort like what do you do. What color used. How much do you do. where do you put it. I always i agree with you. There's always kind of a thing and artistic thing with that of just like how you bring a line across a bodyline stripe across a body line and any little thing on the side of that party can oftentimes throw it off. Not door handle. But just the way it curves up or down and it's just something simple like that takes a little bit thought and quite a bit of experience car. I'll tell you beautiful next to the carbon charger. I'm into the carbon challenger. I gotta get both of wash to get it out. There gets beauty shots. they're just they. They play off each member how he did the. Yeah the for the Flares kept them carbon. So it's it's quite similar but nothing well The mustang mach one as you guys know we've sort of tease it's getting some carbon-fiber as well with our friends at anderson composites they're developing. Some parts are using the car to develop some parts but in their catalog already. They have a handful of mustang parts. And what's interesting is on that car it has a. It's the fighter jet gray with your parents. Package was got the black and the orange stripe on it again which looks cool and tear point the black hood. Stripe has a combination of sort of sat in sort of a matt black and gloss black. You know so even just. The sticker is complex right because the orange and the two shades black. And there's some interesting things on that but then all of the black trim on the car like these splitters and a little bit of around. The fenders is not quite a friend or flare but basically that's kind of what it is. It's all done in a an textured molded black which we were looking at going well. These would be great as carbon fiber and can they develop something. That's not super kostov but something that could be purchased by other mustang owners and throw the anderson. They could build the. Yeah so they're doing it so i haven't seen the car in quite some time. Make payments on it. That's for sure. Four keeps asking for their money. But i i was down at the grand prix of long beach and got a chance to connect with them. They had a couple of the cars. They had a charger anama stang. They had a gt three fifty which they had done some parts on any again. Just kind of getting up close and seeing those parts in person in you know. It's good quality stuff. It's really nice. They had some gloss carbon parts on display and some matt carbon parts on display. And they're cool. I personally for me on on like this mark one. I think i would go with the gloss carbon. I just i just think the the mad carbon is kind of cool. But it's a little racy looks like a dry carbon and it looks a little kind of race ish and on this particular car. I wouldn't mind having the gloss carbon and A nice uv. Clear coat. And and i do kinda like like to bring the car into the garage and you know put on some music and detail the garage and not have to worry too much about. Oh my going to get some wax on that matt carbon and i don't want to give it a shiny spot by by accidentally buffing. It was just. I just want to shine the whole thing right and kind of make it a little bit easier in your head. You're like oh it'd be easier to just skip those parts. Don't even have to polish the hood. I was like you. Have you put to do it right. You kind of want to tape off the edges of that hurts. You don't get any polish on it. And then what do you do when you want to put a little bit of uv protection on it you know through a wax are ceramic code or something like that so i don't know just kind of the thought was otherwise you'd have to maybe even wrap it like you were doing. You have a combination on on your chair x. accommodation of the gloss rap and a satin.

Richard walling wallich selvarajah kostov anderson richard matt carbon long beach
Rivian Raises $2.5 Billion in New Funding Led by Amazon, Ford

News, Traffic and Weather

00:12 sec | 4 months ago

Rivian Raises $2.5 Billion in New Funding Led by Amazon, Ford

"Day after saying that it's planning to build a second manufacturing plant in the U. S electric vehicle startup, Rivian said on Friday it closed at $2.5 billion funding round led by investors, which include Amazon and

Rivian U. Amazon
"rivian" Discussed on EV News Daily - Electric Car Podcast

EV News Daily - Electric Car Podcast

02:06 min | 4 months ago

"rivian" Discussed on EV News Daily - Electric Car Podcast

"Good morning good afternoon or good evening wherever you're listening in the world. Welcome to the news daily. It's wednesday twenty first of july. I'm martin late through every story. You know the score you don't have to and when i was putting together today's podcast just sitting down to the first tentative notes on youtube. Maybe i missed the jeff bezos flight into space. And i hadn't it was team. Ten minutes i was watching it. Live very fatuity timing. I couldn't help but notice they were shuttled to they're playing. That was showing some replays. But earlier in the day shuttled to the launch pad of course in ravines and i guess you know if your amazon company owns a big chunk of ribian the vehicles you going to choose Of one hundred thousand electric vans coming from ravin for amazon parcel deliveries over the course of the next nine years hundred thousand But also what was interesting if you haven't seen it by the way i you know. It's not space podcast by very quickly recap The rocket blasted them into the atmosphere hundred kilometers. Plus up at past the recognized line of of what is being in space and then detached the captial at the end. The booster came back down. Fell back down to earth and landed back on the launch pad. So impressive how do that and spacex to as well. It's just i it's incredible and then jeff bezos is three fellow astronauts also. How few minutes in zero gravity in-space looking back down on the planet and then it fell gradually back to earth at a leisurely sixteen miles an hour. The lost thousand feet as the parachutes were deployed. I tell you that story. Because they didn't know where the she was gonna land just somewhere in the desert. They knew it wasn't going to hit anything. Plenty of land for its land on But i suppose they had an idea but they weren't exactly close several minutes Of just them strapped in the captial. Come come back down. landed safely Until they got rescued by the ground crew and they all turned up at speed in review in One ts

vw Tesla martin
Rivian Shuttle Bezos & Co. To Space

EV News Daily - Electric Car Podcast

02:06 min | 4 months ago

Rivian Shuttle Bezos & Co. To Space

"Good morning good afternoon or good evening wherever you're listening in the world. Welcome to the news daily. It's wednesday twenty first of july. I'm martin late through every story. You know the score you don't have to and when i was putting together today's podcast just sitting down to the first tentative notes on youtube. Maybe i missed the jeff bezos flight into space. And i hadn't it was team. Ten minutes i was watching it. Live very fatuity timing. I couldn't help but notice they were shuttled to they're playing. That was showing some replays. But earlier in the day shuttled to the launch pad of course in ravines and i guess you know if your amazon company owns a big chunk of ribian the vehicles you going to choose Of one hundred thousand electric vans coming from ravin for amazon parcel deliveries over the course of the next nine years hundred thousand But also what was interesting if you haven't seen it by the way i you know. It's not space podcast by very quickly recap The rocket blasted them into the atmosphere hundred kilometers. Plus up at past the recognized line of of what is being in space and then detached the captial at the end. The booster came back down. Fell back down to earth and landed back on the launch pad. So impressive how do that and spacex to as well. It's just i it's incredible and then jeff bezos is three fellow astronauts also. How few minutes in zero gravity in-space looking back down on the planet and then it fell gradually back to earth at a leisurely sixteen miles an hour. The lost thousand feet as the parachutes were deployed. I tell you that story. Because they didn't know where the she was gonna land just somewhere in the desert. They knew it wasn't going to hit anything. Plenty of land for its land on But i suppose they had an idea but they weren't exactly close several minutes Of just them strapped in the captial. Come come back down. landed safely Until they got rescued by the ground crew and they all turned up at speed in review in One ts

Jeff Bezos Amazon Ravin Martin Youtube Spacex
"rivian" Discussed on EV News Daily - Electric Car Podcast

EV News Daily - Electric Car Podcast

03:09 min | 8 months ago

"rivian" Discussed on EV News Daily - Electric Car Podcast

"Six battery cell plans across europe over the next nine years existing battery supplies focusing on volume so that more specialized needs like porsche. Ticon mcken audi each on. Gt audi six as well. Well those will fall to the back of the line because they not volume cars while i got a quote here from the ceo of porsche. He said this. And i quote battery cells or a key technology for german automobile industries and we must also have in our own country. Porsche wants to play a pioneering role in this but there will also be a segment for high-performance battery cells. It's bullshit i mean just as we developed high-performance combustion engines now we'll be at the forefront of high-performance batteries and quite so a bit of bluster in there as well which we get all the time from many names where they go. Oh way absolutely wonderful with the best always have been with will be and yeah press release speak. I put that down. But there's a is a lot of truth in that as well. The german car makers do take a lot of pride in doing a lot themselves and engineering themselves. So the ev situation at the moment has been one where they had to go and do deals to get cells Because they want in a position to build self factories themselves. I they were really looking at the middle of the korean Lg chem s canonization Battery companies with the chinese as well and so An awesome match panasonic always been working with tesla. And so it's really interesting. This is the decade. That's going to be marked out by comic is saying we're gonna make cells ourselves. We want control over that entire inside. Chain justice tesla doing as well well inside. Ev speculates the this point because they're a details about the investment. They're making some assumptions. Well there might be some battery chemistries. That offer higher energy density and will power density than the mainstream cars required but they do come much high cost moreover the they saying that there might be some battery formats even cell type like the shape and size of the offer better performance butts on being used on mainstream costs because of high manufacturing costs. Another path might be cells designed from the beginning to be integrated into a vehicle as part structural components. All really interesting thoughts and a great development in the world of vase next dwells largest motorcycle market will start using scooters a bike makers of made some splashy announcements about their effort to electrify bikes but nowhere near as many comic is doing well. Bike makers are taking a slow and steady approach to electric butts guru guru and hero teaming up to bring av scooters to the biggest bike market of all says jalal panic gurus battery swapping network and electric scooters coming to india under a partnership with hiro. That's a name you might recognize as one of the world's big bike micheals. Now we may. Well be on the white sea..

europe Porsche india jalal audi six panasonic hiro each Six battery cell Ticon one next nine years tesla chinese audi porsche german Gt korean
Tesla and Toyota rumored to be partnering on electric SUV

Tesla Daily: Tesla News & Analysis

00:26 sec | 8 months ago

Tesla and Toyota rumored to be partnering on electric SUV

"Today. We're talking about a report from a south korean publication by the name of chosun. They reported that. Tesla and toyota may be in the final stages of agreeing to a partnership to jointly develop a small electric suv platform where quote toyota provides the vehicle platform tesla and instead tesla provide some of the electronic control platform and offer technology on board. It's vehicle to toyota and quote. Joe son's sites their source as official from the japanese automobile industry on march twenty

Toyota Tesla Joe Son
Amazon-Backed Rivian to Launch Trio of New Electric Vehicles

WTOP 24 Hour News

00:13 sec | 9 months ago

Amazon-Backed Rivian to Launch Trio of New Electric Vehicles

"Would be a first for the auto industry. Electric trucks start up privy in will attempt to launch three new vehicles at the same time Rebellion is trying to get ahead of G M's forthcoming electric calmer and Tesla's cyber truck.

Tesla
Amazon Rivian Van Deliveries Begin in Los Angeles

Tesla Daily: Tesla News & Analysis

00:49 sec | 10 months ago

Amazon Rivian Van Deliveries Begin in Los Angeles

"Have some news from ribian and amazon. Which of course partnered for a delivery van for amazon which they expect to purchase about one hundred thousand of over the next decade amazon announced today that they have started customer deliveries in a test capacity with the first versions of these electric fans from ribian in parts of los angeles. They also say that they expect to expand to fifteen additional cities this year and they expect to have ten thousand of these delivery vehicles on the road quote as early as two thousand twenty two and quote so obviously a lot of flexibility in that statement but as far as these i vehicles go they say that quote. The current fleet of vehicles was built at riviera studio in plymouth michigan and can drive up to one hundred fifty miles on a single charge and quote rabin's main factory is in normal illinois so out expect. That's probably where they intend to produce this fan volume so these are not production. Vehicles yet

Ribian Amazon Riviera Studio Los Angeles Plymouth Rabin Michigan Illinois
Tesla Supercharger Factory Starts Production

Tesla Daily: Tesla News & Analysis

01:08 min | 10 months ago

Tesla Supercharger Factory Starts Production

"Next today. We have news on a tesla factory in china. Not giga shanghai. But tesla super charger factory. That we've been talking about for the last couple of months. Looks like that has now officially started production per jane. Shanghai on twitter tesla gains demonstrating incredible speed here with this project. Being launched less than six months ago previous reports had indicated that tesla intends to produce about ten thousand superchargers per year out of this factory which should allow for roughly. A doubling of super charger deployments in two thousand twenty tesla added seven thousand chargers but more than half of those came in q. Four so thirty eight hundred in q. Four if that cue for rate is annualized. That's about fifteen thousand per year but we don't necessarily know if tussles actually at that run rate for q four or if that was just stock that built up and was deployed in q four from super charger production. That have occurred earlier in the year. But roughly it looks like this should be a doubling of tusla super charger capacity in terms of new installs per year. If tesla can get this you protect your factory up to capacity and the next couple of quarters and if their capacity outside of this factory is something around fifteen thousand level. We could be in line for something near a doubling of the super charger network in two thousand twenty. One

Tesla Shanghai Jane China Chargers Twitter
Is Rivian the Next Tesla? Investors Bet Big on Electric Truck Maker

WTOP 24 Hour News

00:15 sec | 11 months ago

Is Rivian the Next Tesla? Investors Bet Big on Electric Truck Maker

"Rowe Price is betting on buyers for an all electric pickup. T. Rowe Price has led a $2.7 billion investment in start up evey maker Rive Ian. Expected to be the first to introduce an electric pickup truck later this year. War.

Rowe Price T. Rowe Price Rive Ian
Electric vehicle startup Rivian scores $1.3 billion investment from T.Rowe Price, others

Bloomberg Businessweek

00:22 sec | 2 years ago

Electric vehicle startup Rivian scores $1.3 billion investment from T.Rowe Price, others

"The electric truck maker really an automotive is raised another one point three billion dollars from investors led by T. Rowe price Caribbean is already back by Amazon and Ford and now the company is planning to debut vehicles next year review and has spent the last seven years developing a pickup truck and sport utility vehicle built off of common

Amazon T. Rowe Ford
"rivian" Discussed on The Future Calendar

The Future Calendar

09:59 min | 2 years ago

"rivian" Discussed on The Future Calendar

"So completely changing years here so if you're if you're here more for the start up in the business and the technology side of things this is the astronomy let me science. you know completely other side of things so we're gonNA talk about the discovery of an exoplanet called Ketu eighteen be that that was there was a couple of papers released on it a couple of weeks ago and these come out once in a while you've probably seen them. various extra plants set new discovering them all the time right so one of the big discoveries discoveries of the past few decades is our planets that orbit other stars. We didn't even know that until the mid nineties and now we know they're everywhere there's more than there are stars in the sky so there's just we find them all the time and the occasionally one makes makes makes the press because you know there's one that's closer to the size of earth. There's one that's pretty close to us. You know they said all these kind of firsts so it's you know it's like you know very click baby for journalism. That's doesn't take that much time to investigate the paper and and what it stands for an actual science behind it so you know it's really easy to say like you know closest. Extra plants Earth ever found only four light years away right like they make a make Click Beatty type headline out of Ood Science. I'll oh click that like I'll look read about that a little bit and that's all in their kind of banking. I'm not you know for you. Know people who follow this more closely are really into science. It's kind of like pop science right so if you're listening to this. Maybe you know willing to listen to me. Talk about a little bit more not that I'm trying to make it very luxury or things like that but I'm coming out because I wanted to see if you read this article or you did see this discovery. It may not be exactly what we I thought and I WANNA put that in context of a little bit of background Ronnie and what this could mean for excellence moving forward discovery so a little background this exoplanet K. to eighteen B was discovered one hundred ten light years away so close in cosmic terms and the big headline on this one was that is the first time that water vapor has been discovered discovered in the atmosphere of an extra planet with the radius close to Earth's in the habitable zone of its star so there's a little bit unpack there if you're not familiar with Astronomy Toronto and some of these terms while from water vapor right that's significant because we kind of have this idea that we need water for life as we know it so finding water vapor in the atmosphere another planet is kind of a good check in the box for for maybe finding life right in the atmosphere of a super earth exoplanet so what does that mean so so basically right like there's just different size planets in different radius and diameter so this one happens to be two point seven times the radius of the Earth so closer oh sure to earth sized and something like a Jupiter Neptune Neptune or Jupiter something much larger which again like we want if we're looking for things like earth all we know to find life is fine things that are like Earth so the closer it is earth where like okay good another. Maybe a box. We don't really know what we're looking for right so we just not copy. What Earth looks like? It's kind of like the natural you you know. Everyone thinks they're geniuses at NASA the obvious things if you're like what would you do to look for life will just copy earth like find all the same things so okay. It's got to be like the same diameter of the same size okay so that's the that's the next thing pretty close right two point seven times okay habitable zone okay. This one's a little bit more complex so basically the habitable zone is the rain the distance from a star that a planet could have liquid water on surface okay so that distance changes based the type of star that the planets orbiting so on for the sun were perfectly in the habitable zone as you would expect liquid water everywhere oceans dominate the planet were. That's why we're here right habitable because to us this planet orbits much much closer to its star so it has a thirty three day orbit so there's a thirty thirty three year for context mercury right the mercury is close plan to the sun here has about a ninety day orbit so three times further away than this exoplanet is from its star and we know mercury around the sun is like eight hundred degrees or something crazy like that so it all depends on the kind of star orbiting so this the stars orbiting is a much cooler Red Dwarf Star so it can it can be much closer but still have liquid water surface so no that was a lot really fast so basically cool dim star you could still could water if you're even though you orbit much closer to it so it's a much less energetic powerful star than our sun one of the basic astronomy. There's like seven different types of stars. There's nuance but they're essentially lettered. Ob A F G K M Oh is the brightest it is largest hottest is the coolest smallest burns the longest we're right in the middle. We're G and then this m-type so it's the coolest smallest lists burns the longest. It's like just a super long candle. It can burn forever but it also is really dim and so the habitable zone is much closer around its star than something like us type or you know. Oh is burned so quickly. I don't even know if they can really pat plant developed planets around them they're gone ten million years so little little overview on astronomy. They're so that's that's kind of breaking that down so just to say it one more time they found water vapor. Check around the atmosphere of a super earth kind of check in the habitable zone check so all exciting stuff and all of these were first and the hadn't been found in one place altogether so boom put your bad headline. Go Get your views. Do Your your pop science journalism for the day but then of course this gets extrapolated to have things like best candidate yet for finding alien life potentially habitable world right. That's the kind of stuff that gets thrown around so I just read you. What actually you know the sentence that actually happened and then that's what that gives turned into when it gets click bait journalism so now let's UNPACK Y? You know not quite that far. It's not really finding something that kind of alien life so at a radius of two point seven times that of the earth it's more it's closer to a Neptune probably than it is like earth so might not have a surface. It's atmospheres probably really just hydrogen and helium so likely it's inhospitable to life is we. We know it so boom right off the bat. Not that's one strike against it. with when a planet only has thirty three day orbit to its star so being that much closer. It's likely tightly locked so you're familiar with this already like the moon is tightly walked the earth so we only ever see one side of the moon right doesn't it doesn't just orbit around us it orbits around us also spin on its axis right only like the rotation matches ashes that of the as it goes around earth so you only ever see one side so same thing with this planet so you only ever see one side or only face star so once I'd be super continuous he was daylight and then one side would be continuous darkness facing space right so you can imagine that orbit which makes it also terrible for life so one side super hot all the time in one side's super cold whole facing space so that's another strike against it not great for life also being that close to a star not great for radiation we take for granted like that. We're not like you know just getting cancer all the time because of radiation being blocked by the atmosphere when you're that close to your star Star always sending out all kinds of stuff like a lot of like stellar activity and radiation so if you're that close you that plan is likely being bathed and just continuous radiation which would be extremely disruptive to sell your processes sees biology once again everything we know about science and life as we know it so once again all of this adds up to like not a hostile place where we're GonNa go and land like a spaceship and like meet the Little Green Aliens Right so basically I just wanted to point this out of it is exciting it is I like finding water vapor on such a small relatively small plant. It's up to the smallest they've ever found or confirmed water vapor on before like it is a I it should be reported on. It's exciting but the press always wants to take that extra shortcut right like it needs to get more clicks. It's not as exciting to say they found a planet where you would die of radiation and cancer and it's really hot and always faces star a right. It's just like no. There's no room the nuance and the science I hope I don't think that was that complicated right. Even if you don't have any interest in astronomy or anything like that like it's not that hard to get the actual story but of course we live living just click click based world so and why point this out is one day like I'm pretty confident with all the extra planets out. There were GonNa find the one that checks all the boxes X.'s right. It's GonNa be about the radius of the earth. It's going to be in its habitable zone. It's going to have liquid water in the atmosphere. It's going to check everything we think we need. We need to go find life and like look harder and you know do do you look for that kind of thing and then we can be all excited and we found the one that just like ours found the goldilocks planet but until that time you know I'm sure we're GONNA have more false alarms so I'm basically bringing this up because I know you'll see articles in the New York Times and wired all all these kind of places that kind of cover these things and generally they do a decent job but basically it's like. I WanNa just pointed out so when we talk about these again or you see it yourself. Delve you have the tools to kind of think about it. You can check these boxes of like you know once again. It's not that like obviously there's nuance to it but it's just not that hard relative to what they make. You believe it's like what does NASA doing literally. They're just thinking about like this planet earth and they're trying to apply it and find it elsewhere in the universe in the solar system in the in the galaxy right so they're just looking for earth again so same temperature looking for water. Don't WanNa die. Radiation don't want to burn up in boyle the he don't WanNA freeze to cold like a pretty obvious things so it's gotta check all those boxes so I'm just actually read the articles in like go through and generally people are going for clicks so anyway that's KTAR eighteen be you know gotta cover more astronomy stuff. It is the thirty one podcasts after all so definitely gonNA bring more space space story so hope okay enjoyed that one.

NASA Ood Science Astronomy Toronto New York Times Ronnie boyle thirty three day one hundred ten light years thirty thirty three year eight hundred degrees four light years ninety day one day
"rivian" Discussed on The Future Calendar

The Future Calendar

02:50 min | 2 years ago

"rivian" Discussed on The Future Calendar

"I'm your host NICB anoint and on today's episode we have a very interesting a mix of topics so you know generally episodes that are either all tack all space all science something like Trans they pretty consistent. Maybe throw a product in that I recommend at the the end but on today's episode we're going to start off and we're going to cover an update on Ribian which is an electric car maker that we covered a few months back in an older episode and there's a pretty big update from them. We're GONNA cover that I and they were going to completely change tracks to the science and space side of things and we're gonNA talk about an exit plan. Discovery Excellent called K. to eighteen so we saw this in the news in the last week or two. I want to give an update and kind of maybe break it down for those of you who are listening to this for more of the space science astronomy side of things so we're gonNA cover that as well and at the end I've got a product update as well so what kind of tie it all together a lot of updates kind adam accumulated in my phone and my note so yeah we're GonNa Bring that episode so oh in the before we start all that I just WanNa do a quick housekeeping thing and there's a new version of the M thirty one media APP. I was working on this past weekend. Big changes were ready for Iowa's thirteen importantly ready for that sweet sweet dark mode looks great. I think it looks really hot. If I say so myself compared to the light motor what kind of passage isn't meant it looks better in the dark. I think looks better in dark mode so real happy with that and a few other you I change. They think chains fonds make it more readable spend more time in the operating some of the the event descriptions things like that. I think we're GONNA be ready for the APP store. We're going to admit again. We've tried a couple of times you know with my first APP. I'm learning a lot in apple's requirements and they can be pretty strict on a few different things so I kind of want to come back and really put a lot of new before I submitted again so you know the things like the push notifications adding the calendar sharing events. I added in some other other things like the showing the recent updates if you more tabs CBS just trying to build up the APP flush out make it more fulsome. I've got other ideas too but I think this is a pretty good juncture to try again so I'll be meeting that and then you can you know as I've heard from you guys delete test flight off your phone visit only Beta app you use so hopefully you can do that soon. So without further ado that's the Oh and if you don't have have the Beta once again that's. WWW dot the future calendar dot com slash Beta and you can download that download and give me any feedback. I'd love to hear from you. I think now and I was thirteen even give you a way to do it right in the APP so Rain Tesla so yeah check that out thank hopefully something APPs sourcing.

adam Ribian apple Iowa CBS