Rivian Automotive Inc (RIVN)

[Dell_Griffith]

They're not "10 years ahead," but even if they were, Tesla didn't have an Amazon to back them or a Ford to show them how to manufacture.

Scaringe is the real deal - MIT, lives the business, and is stable. 10 years ahead in creation does not mean 10 years ahead in tech, cost savings and mileage per charge. All signs point to those advantages for Rivian.

Musk is already dismissing them. That's when you know they're on the up. Oracle's CEO (not Ellison) did the same thing 2-3 years ago with a database company that is now making serious inroads into what was Oracle's customer base. That situation truly was a 10 years ahead because it takes 10 years to build a database and then you gain a monopoly if it's adopted by the masses. EV's don't take 10 years to learn from what's already out there and competition is growing. The smartest and most stable, with the best funding, will survive and thrive. The rest will go the way of the Yugo.

No doubt, this will be volatile as hell and have its hiccups, but the long term play will make this the equal of Tesla, bigger, or a close second, but I don't think you'll ever find Scaringe tweeting that "Tesla is second," unlike Musk mocking Bezos.