I‘ve wondered about Amazon’s intentions with Rivian for some time and it’s now clear that Rivian is Amazon’s entry into the EV space. While Apple continues to tease and Tesla runs out front - Amazon has neatly packaged an EV player it clearly controls and has positioned itself beautifully. Whether it’s the billions it (or its “friends”) has invested, Bezos running around in R1T’s or an order for 100,000 vans that stays on track while us customers get sidelined, Amazon’s influence is obvious. Very clever - and that my friends explains the IPO valuation!