Rivian Automotive Inc (RIVN)

[Dell_Griffith]

Here's something useful about how bad it was at Tesla from a start-up timeline and where Rivian is now...

https://www.cnn.com/interactive/2019/03/business/tesla-history-timeline/index.html

Some "highlights":

1) 2008 - Elon Musk takes over as CEO and lays off 25% of the workforce.

2) 2008 - Tesla has just $9 million on hand and is in jeopardy of not being able to deliver Roadsters to customers who already paid as much as $109,000 for them. The company secures $40 million in funding from investors by issuing convertible debt to help it avoid bankruptcy and meet production goals.

3) 2009 - Former CEO Martin Eberhard accuses Elon Musk of rewriting history and sues him for libel because he says Musk unfairly blamed him in interviews for Tesla’s delays and financial problems. In the suit, Eberhard claims Tesla purposely damaged his Tesla Roadster before delivering it to him. Eberhard would drop the suit in September. (aka as "paying him off to keep him quiet, so the truth doesn't come out," which would have first confirmed Musk's erratic, vindictive behavior).

4) 2013 - A Tesla vehicle catches fire in Seattle after the car collided with debris on the road. The driver is not injured, but it’s the first in a series of fires that prompt the company to add extra protection to the vehicle’s chassis. YIKES!!! One thing to "hit" another car - once, another to having them - REPEATEDLY- go up in FLAMES!!!

People forget these things because Tesla's timeline started WAY BACK in 2003.

Thanks for the gentle nudge to look these things up again. It was enlightening. I forgot about some of these things.

Hang in there, it'll happen. It will just take time. Scaringe is smarter, more stable, and more than up for the challenge and Musk brought it on with Bezos.

No doubt that in the short term, it could get ugly, but it's going to be fun, as they vie for power.