On October 19th local time, at an event in Pennsylvania, when asked why Tesla did not acquire Rivian, CEO Musk stated that although the industry competition is fierce, he hopes Rivian can succeed and get through the difficult times. At the same time, Musk emphasized that Tesla will focus on its own business development. Musk said that the American car industry is very difficult, with only Ford and Tesla not bankrupt yet, hoping everything goes smoothly for Rivian: I wish them all the best. I hope they can do well. Without two technological breakthroughs, one being electrification, and the other being autonomous driving, I don't think Tesla could have succeeded.