I first heard of Rivian via The Long Way Up. Their trucks look pretty amazing. The valuation seems crazy high, but this might be a good investment still.

Rivian, a California-based electric-vehicle startup, filed confidentially for a public listing, seeking a valuation between $70bn and $80bn. Among its planned offerings are a sport-utility vehicle and a pick-up truck. Like Tesla, it wants to bypass dealerships and sell directly to customers. Deliveries were meant to start in June but have been delayed due to the pandemic. — Economist Espresso, Saturday, August 28.

Jamie Thingelstad @jthingelstad

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