- First Name
- Dec 16, 2020
- Reaction score
- M3, CT triM
While I agree in general, I don't agree on the that last statement. I'd say that since Tesla is doing something that nobody else is doing, no amount of competition will make it go faster. They are spending, testing, and doing what they can; any success in Rivian, Ford, GM or any other car maker won't actually slow down or speed up Tesla. Tesla is self-limiting. Rivian now has investor infusion and has different issues. I'd say they are also self-limiting as in what Tesla does, doesn't matter.I will be very surprised if there are *not* some major challenges and delays in learning how to build a folded thick steel exoskeleton EV. No one has ever tried anything like that, and even for smart people, there will be surprises and problems, which they will fix and overcome.
As others have said, competition is good. If Rivian goes to market and does amazingly well, I have no doubt it will spur Tesla to focus on getting the CT to market (as well as the e-F150, etc.)
GM/Ford on the other hand are conservative rent seekers (economic term for making profits off existing market share instead of adapting, think landlords of ICE). For them, I do think competition will drive them as well as regulatory pressure.