I think it's more naivety than integrity. Unless you want to argue integrity being them just saying 'sorry it's not possible here's your money we're done'. Elon said all along that manufacturing is the hard part.When I preordered early 2019 the electrochromic (sp?) dimming roof was still a thing. The amount of things silently changed and removed has me questioning the overall integrity of Rivian. I am sure the engineers are miserable having to answer to the cost accountants and cut out awesome features left and right.
It will be interesting to see if they can maintain 80% of their sales with this 20-25% price hike, otherwise total potential revenue will be down which is an overall fail.

With all sincerity, I truly hope you do. Alas, Rivian is still too new to handle its current demands.But I'm getting it in 22 weeks, not 2024.
I've had a cybertruck reservation for a couple years. I still doubt it'll ever be built.I actually had a cybertruck reservation as a joke because it's so fvcking ugly. But not so much anymore, go Tesla
hah— the stock is down. You prepared to take a loss there too and pay more for your truck?I guess this means I'll be looking elsewhere from other EV providers, either that or cash out my Rivian stock to help off-set the price increase. ?
Profitability is not the issue here. They can absorb the “loss” for existing order holders and increase it for new holders. The % increase and timing sucks. No one expects them to make a profit in the next few years. Tesla took over ten years.This doesn't math out if the vehicle wasn't profitable before the price hike.
Inflation is worldwide, not a US thing.Way to Go Brandon!