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Rivian investors explain why the startup's tech, Amazon deal, and management team make it a serious contender to become the next Tesla

  • Rivian has raised more money than any other EV startup that hasn't gone public.
  • Three of Rivian's investors told Business Insider why they're betting on the company to become the next Tesla.
  • They highlighted Rivian's EV platform, management team, and its contract to provide 100,000 delivery vans to Amazon.
  • Are you a current or former Rivian employee? Do you have an opinion about what it's like to work there? Contact this reporter at mmatousek@businessinsider.com, on Signal at 646-768-4712, or via his encrypted email address mmatousek@protonmail.com.

After laying low for nearly a decade, the electric-vehicle startup Rivian made waves in 2018 after showing off its debut vehicles at the LA Auto Show. Since then, the company has raised more money than any EV startup that hasn't gone public and signed deals with Amazon and Ford to supply them with delivery trucks and an EV platform, respectively.

Whether Rivian can live up to the hype will become clearer next year when the company starts production of its R1S SUV and R1T pickup truck. In the meantime, managers at three of Rivian's investors - T. Rowe Price, Abdul Latif Jameel, and Soros Fund Management - told Business Insider why they're betting on the company.

Here's what they said.

Are you a current or former Rivian employee? Do you have an opinion about what it's like to work there? Contact this reporter at mmatousek@businessinsider.com, on Signal at 646-768-4712, or via his encrypted email address mmatousek@protonmail.com.

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