Rivian Unveils Custom Silicon, R2 Lidar Roadmap, and Universal Hands Free

No, Waymo is just going to license their tech to normal automakers, like Toyota, and those licensees will win. Rivian is run by a Musk-wannabe but even this stock pump isn’t going to help with his sociopath, multibillion dollar compensation package.

What stock pump, its cratered on the news.

That is curious. The market must not have faith in their ability to execute on their plans

The market wants them to sell the $40k cars asap. All the other side quests are distractions. When they spun off their electric bike side project, the stock went up.

Incendiary language aside, this does seem pretty likely to me. Waymo has already talked about wanting to license their driver for personally owned cars eventually; it just doesn't make sense for them to do so until they can cover more of the country (or countries). The more areas they cover, and especially when they can cover various popular freeways connecting different metro areas, the more it'll make sense for them to start partnering with automakers to sell the technology to consumers.

Adding LIDAR would probably turn a $40k car a $70k car as well.

The CEO is different from Musk in a few key ways

1. He has a STEM PhD (from MIT)

2. He is conservative in what he discloses

3. Not outspoken or political

IMO one of Rivian’s benefits is its image as the anti-Tesla