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⚠️⚠️⚠️ #rivian #tesla #rivn ⚠️⚠️⚠️
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⚠️⚠️⚠️ #rivian #tesla #rivn ⚠️⚠️⚠️
📝Contact Information for Kevin & Liability Disclaimer: http://meetkevin.com/disclaimer
This is not a solicitation or financial advice. See the PPM at https://Househack.com for more on HouseHack.
Videos are not financial advice.
Last week I said Rivian had a 35 chance of going bankrupt and I compared it to Tesla That led to me getting comments like the following: Tesla Operated at a loss for the first 10 years they were selling cars lol Tesla in Q3 2014 7785 Vehicles Pretty similar to what Rivien just manufactured in Q3 2014 Tesla made at 20.90 for every 100 of Revenue they had. If you include the tax credits, it was 29 they made in 2014 on every 100 of Revenue This is called gross profit. so if you earned a hundred dollars, would you rather make twenty dollars after your expenses or would you rather pay 271 dollars to make that 100 in gross profit? This is why.
Tesla wasn’t a sustainable profitable company until after they started producing the Model 3
Bro brought out the receipts😂
We call that math.
Was this video produced with meet Kevin AI 😂😂😂
Eat more bread!!!!
They are cool cars though