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This could be a very interesting development in the EV world.

According to Electrek.com, during Tesla's 2019 shareholders meeting CEO Elon Musk to the idea of Telsa producing its own battery cells in the future.

Musk discussed the fact that Tesla's production rollout is impacted by battery production:
“As we scale battery production to very high levels, we have to look further down the supply chain and we might get into the mining business… I don’t know. A little bit at least. We do whatever we have to to ensure we can scale at the fastest rate possible.”
He then mentioned the strategic integration of the battery technology Tesla acquired from Maxwell when they purchased it for over $200 million.
“We think this is really quite strategic [..] this is a very important technology that will have big effect on the cost and scale of cell production – both reducing the cost and capital required to scale cell production.”

However, he didn’t want to comment more than that and said that more will be announced during the “Battery and Powertrain Investor Day” that Tesla plans to hold by the end of the year.
If this comes to fruition, would this decision affect Rivian down the road?
 

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The EV industry is still so new that there's just no telling to how things will play out.
Both Rivian and Tesla have leverage and can seek help from bigger industry players if needed.
 
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