Joe Cahill: Rivian will have to consider whether it makes sense to go it alone in a fast-growing but increasingly competitive EV market. Rising costs and increasing competition are stiff.
If Rivian goes under, and it’s certainly a possibility, will Pritzker even acknowledge it? I suppose he could dig into his offshore billions to buy a chunk of Rivian, but they seem to be selling something nobody wants. Pritzker will probably consider making all Illinois businesses buy a Rivian vehicle before he risks his own money.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
If Rivian goes under, and it’s certainly a possibility, will Pritzker even acknowledge it? I suppose he could dig into his offshore billions to buy a chunk of Rivian, but they seem to be selling something nobody wants. Pritzker will probably consider making all Illinois businesses buy a Rivian vehicle before he risks his own money.