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Vivek Ramaswamy pans Rivian’s expected $6B federal loan for Georgia factory
#14
Business 101 (absurdly over-simplified):

If you expend a billion in capital to start manufacturing cars, then the first car you sell cost a billion to manufacture.

The second adjusts that to $500M per car.

The third to $333M.

Etc.

Rivian is still in its infancy and they are still expending capital to expand.

If you think that $40k means anything other than that, then I don't know what to tell you.
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Re: Vivek Ramaswamy pans Rivian’s expected $6B federal loan for Georgia factory - by Lux Interior - 12-01-2024, 02:57 PM

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