Two companies, Rivian and Worksport, are small but they can change the world with their new ideas. They show that you don't have to be big or famous to make a difference. You just need to think creatively and try new things. This article talks about how these two companies did something different from other bigger companies and it worked well for them. Read from source...
- The article starts with a vague statement that smaller players can be disruptive force without providing any evidence or examples to support this claim. It relies on anecdotal information and generalizations to make its point.
- The article compares Rivian and Worksport with Tesla, but fails to acknowledge the differences in their business models, markets, and products. For instance, it ignores that Rivian is focused on producing electric pickups and SUVs, while Tesla is more diversified across different segments of the EV market, such as sedans, sports cars, and semi-trucks. It also neglects to mention that Worksport is a relatively small company with limited revenues and market share, compared to Tesla's dominant position in the EV industry.
- The article praises Rivian for not succumbing to discounting, but fails to recognize that this strategy may not be sustainable or profitable in the long run, especially if rivals such as Tesla continue to offer lower prices and expand their customer base. It also overlooks the fact that Rivian's vehicles are more expensive than comparable models from other EV manufacturers, which could limit its appeal to a wider audience.
- The article implies that Rivian beat Tesla in being the first to bring an all-electric truck to life, but this is not accurate. While Rivian did launch the R1T before the Cybertruck, it was not the first EV company to announce or showcase a prototype of an electric pickup. For example, Tesla unveiled the Cybertruck in 2019 and had been working on its design since at least 2016, while Rivian revealed the R1T in 2018 and started development in 2014. Therefore, both companies were pursuing their respective electric trucks simultaneously, but Tesla was faster to reveal and market its product.
- The article ends with a disclaimer that it is not intended as investing advice, but it still uses language and tone that could influence readers' opinions and emotions about Rivian and Worksport. For instance, it calls them "smaller players" who "challenge the established norms" and "bring innovation and creativity to the table", which suggests a positive and favorable view of these companies, despite their flaws and limitations. It also implies that they are undervalued or overlooked by investors, which could encourage readers to buy their stocks or support their cause.
Positive
Key points:
- Rivian and Worksport are examples of smaller players in the EV industry who can be disruptive forces
- Rivian did not succumb to discounting but introduced less expensive models and beat Tesla to launch an all-electric truck
- Worksport is a supplier of solar solutions for commercial electric vehicles, partnered with Rivian and other major players
- Both companies show that innovation and creativity can challenge the established norms in any industry
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