Part 10/15:
In the competitive landscape, Rivian, Tesla’s domestic electric truck rival, reported a slowdown in deliveries—targeting 47,000 vehicles for 2023, down from previous estimates—and experienced a substantial decrease in Q3 sales. Rivian’s shortfall is attributed to supply chain issues, such as copper wiring shortages for their Enduro motors, as well as internal miscommunications. Rivian’s setbacks highlight the challenges faced by EV startups in scaling production amidst global supply constraints.