Aug 9, 2024, 6:00 AM
Aug 9, 2024, 6:00 AM

Martha Stewart Picks Rivian Over Tesla

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Highlights
  • Martha Stewart announced her choice of a Rivian truck during a CNBC interview.
  • She contrasted this decision with the electric vehicle offerings from Tesla.
  • This highlights a growing competition in the EV market.
Story

In a recent interview with CNBC, business mogul Martha Stewart expressed her admiration for electric vehicle (EV) manufacturer Tesla while simultaneously voicing frustration with its CEO, Elon Musk. Stewart, who described herself as a fan of Tesla, stated, "I loved Tesla," but added that she was "pissed at" Musk regarding her stock portfolio. She urged Musk to refocus on critical areas of the company, highlighting her concerns about Tesla's direction. Stewart, a known advocate for sustainable living, revealed that she owns two electric cars and is in the process of acquiring a Rivian truck. The Rivian R1T, an all-electric pickup, has garnered attention for its innovative design and capabilities. Stewart praised Rivian's offerings, noting her excitement about the truck's aesthetics rather than any connection to Musk or Tesla. Earlier this year, Rivian launched its second-generation R1T truck and R1S SUV, further solidifying its presence in the EV market. Stewart also mentioned her previous experience with the Mercedes Benz EQS electric SUV, showcasing her commitment to electric vehicles. While she acknowledged trying Tesla's Cybertruck, Stewart deemed it "too crazy" for her taste. As the electric vehicle landscape continues to evolve, Stewart's comments reflect both her enthusiasm for the industry and her critical perspective on its leading figures. FOX Business has reached out to both Tesla and Rivian for their responses to Stewart's remarks.

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