Tesla (TSLA) CEO Elon Musk says the real test for newly public electric vehicle startup Rivian (RIVN) will be high volume production and breakeven cashflow. In a reply to a Twitter follower, Musk wrote: “I hope they’re able to achieve high production and breakeven cash flow.” He went on to say there have been hundreds of automotive startups, but “Tesla is [the] only American carmaker to reach volume production & positive cash flow in past 100 years.” Rivian went public this Wednesday reaching… Source link
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