Rivian working around the clock - over 1500 job openings including 1st and 3rd shift stamping

[Autolycus]

Completely anti competitive to say deliver to me first before delivering to anyone else. Also, antitrust issues if you engage in price fixing. If chip maker A says chips are 100.00 and FORD says I will pay you 300 if you get me first and charge others more....... That is antitrust violation.

You've just significantly moved the goalposts and created a straw man by adding the 2nd condition of requiring a higher price be charged to competitors. Ford can 100% require priority delivery in its supply contracts. They could likely even require exclusivity. Ford isn't a monopolist in the current automative market, and especially not in the market for semi-conductors.

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[ghorse]

Happy to see a future presence in Minnesota

 

[flabyboy]

Happy to see a future presence in Minnesota

Yes!!!

 

[BigE]

Hard comparison, Elon is running 4+ companies at the same time and has been successful a numbers of times before in other ventures, at this point in time i think its fair to say that the man cannot fail at anything he does or attempts to do. At the same time RJ has done a lot, but he's also been at it for a while and comes from a successful family background in engineering and manufacturing. I give them both credit because they both are good at what they do, and they know how to get the best people around them to make their businesses run. like the saying goes, "there's more than one way to skin a cat" same can be said for manufacturing. I wish them both luck and hope that their competition with each other can only lead to better innovation, we consumers are the winners in the end.

It’s pretty hidden, but yes RJ has had a ton of help ($$$) from his Dad. Elon is a self made millionaire by 27.

 

[Craigins]

You've just significantly moved the goalposts and created a straw man by adding the 2nd condition of requiring a higher price be charged to competitors. Ford can 100% require priority delivery in its supply contracts. They could likely even require exclusivity. Ford isn't a monopolist in the current automative market, and especially not in the market for semi-conductors.

Exclusivity is a slippery slope. Intel got dinged in the EU for trying it.

https://www.reuters.com/article/us-eu-intel-antitrust-idUSKBN20X1FV

Essentially saying we'll pay X vs we'll pay X+5 if you don't sell to our competition.

Intel is appealing but still a risk.

 

[Autolycus]

Exclusivity is a slippery slope. Intel got dinged in the EU for trying it.

https://www.reuters.com/article/us-eu-intel-antitrust-idUSKBN20X1FV

Essentially saying we'll pay X vs we'll pay X+5 if you don't sell to our competition.

Intel is appealing but still a risk.

Yep. Exclusive deals are not always legal. The totality of facts are considered. Intel is in a far more dominant market position than any single automaker, which will always put them in a more strictly reviewed position. The EU authorities also have different views on certain practices than the US authorities do.

 

[Craigins]

Yep. Exclusive deals are not always legal. The totality of facts are considered. Intel is in a far more dominant market position than any single automaker, which will always put them in a more strictly reviewed position. The EU authorities also have different views on certain practices than the US authorities do.

Exactly. Depends entirely on the situation and motive.

If Ford needed 100% of the vendor capability to meet their production and did it solely from that point of view, no issue.

If Rivian started digging into their profits, and they had meetings to discuss, and they decided to edge them out of resources for market competitive reasons, that could be an issue depending on where they try the case.

 

[Jarico75]

You've just significantly moved the goalposts and created a straw man by adding the 2nd condition of requiring a higher price be charged to competitors. Ford can 100% require priority delivery in its supply contracts. They could likely even require exclusivity. Ford isn't a monopolist in the current automative market, and especially not in the market for semi-conductors.

I didn't move the goal posts you chose to make inferences. You're statement above is not entirely accurate either. Have a good weekend!

 

[svet-am]

I didn't move the goal posts you chose to make inferences. You're statement above is not entirely accurate either. Have a good weekend!

Silicon providers absolutely have pricing models that have different prices for different customers and in different volumes (even to the same customer for different projects). It's not unheard of at all to have _priority_ pricing/delivery. This is just different from exclusivity. But, if the order is big enough then priority can de facto become exclusivity. But, it's not an anti-trust issue at all.

 

[Tatnai]

F#¢k yes!!!

Fixed it for you ?

 

[EVTrucking]

Has Rivian said how many vehicles they plan on delivering this month? I thought I read somewhere it was 100.

How many deliveries have been made so far?

Lets hope that October is better.

 

[Jarico75]

Silicon providers absolutely have pricing models that have different prices for different customers and in different volumes (even to the same customer for different projects). It's not unheard of at all to have _priority_ pricing/delivery. This is just different from exclusivity. But, if the order is big enough then priority can de facto become exclusivity. But, it's not an anti-trust issue at all.

Yep. I agree. Antitrust is a complicated issue. My original response was to someone who made the comment that alleged that Rivian could not possibly get chips because Ford/other would edge them out for their own need. That would be anti-trust. I have negotiated by own fair share of "most favored nation" clauses, but they are carefully worded with no one shall have more favorable pricing. What they do not say is our price must always be better than everyone else.

My point (which was poorly articulated) is that if any of the big manufacturers took an active step (other than an existing contract) to prevent Rivian from obtaining chips could be an antittrust violation.

At the end of the day, all of these responses are speculative and we are going to have to wait to know what is going to happen. My vote is for Rivian to be successful.

I hope it's true that they can deal with supply chain constraints better. My worry is that Rivian is a drop in the bucket of suppliers compared to Ford/other big players. So Ford could say "We want 10X what they get, AND we get deliveries before anyone else" to all the major suppliers, who may agree to that because Ford is way more important to their business.

Taking an active

 

[Trekkie]

I wish they did IT outside of California, Irvine is ridiculously expensive if you're not from the area with assets in the area. Would love the opportunity to be in IT for them.

 

[msmith]

I wish they did IT outside of California, Irvine is ridiculously expensive if you're not from the area with assets in the area. Would love the opportunity to be in IT for them.

Same. I see those open DevOps spots and want to get onboard one day...but from KS or CO.

 

[SeaGeo]

You guys should jump to ~minute 40 of the insideEVS podcast from this week. FORD'S EV GM talked about the shortage and how the purchasing of the chips works. It was pretty interesting and shows how little people know about the buying process for them.

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