R1T & R1S Updated Pricing, Configuration, Specs. Dual Motor Now Available

[Nermal]

I suspect that Rivian estimated that they’d lose something like 15% of their preorders in exchange for making 20% more on what they do eventually deliver - they can’t deliver to backlog that they have so no harm in thinning the queue.

I seriously doubt that 17-20% is merely to cover inflation/higher costs. Seems more like a somewhat more nuanced approach to supply/demand I feel like is happening in many industries - “Hey! We can do less and actually make MORE money!!!”

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[Sparkie]

I see this as the beginning of the end of Rivian too....with the loss of loyal customers and tarnishing their reputation will take years to recover. Im not sure I want to invest 100K in a truck from a company that may be bankrupt in 5 or less years. What's the long tern outcome going to look like? After taking a loss in the stock and now wanting me to pay another 12K for something I've been waiting over 3 years for is not a great way to start a business. I was loyal...I was an advocate...now I'm just a pissed off past customer

 

[Redline]

Some of you people are so overly emotional and don’t seem to understand how business works.

If you think Rivian is anywhere near bankruptcy, I’ve got some beach front property in Arizona to sell you.

Between this board, and stupidly, the Rivian FB group I joined last week, I am not optimistic for the future of mankind.

 

[MisterTea]

This will be the longest and dare I say, last thread for many on this forum. It crushed @MisterTea photo thread in a couple hours.

That is until I surprise you with a new thread in which I Oprah Winfrey Rivian's. Now I just need to figure out how to become a billionaire first...

 

[ja_kub_sz]

Some of you people are so overly emotional and don’t seem to understand how business works.

If you think Rivian is anywhere near bankruptcy, I’ve got some beach front property in Arizona to sell you.

Between this board, and stupidly, the Rivian FB group I joined last week, I am not optimistic for the future of mankind.

Don't remove yourself from your high pedestal of emotional stoicism.

I bet you cried at the end of The Lion King.

People 100% have the right to be upset by this, yet their emotions shouldn't get the better of them. You can't just scalpel out those things.

 

[GaryL]

Some of you people are so overly emotional and don’t seem to understand how business works.

If you think Rivian is anywhere near bankruptcy, I’ve got some beach front property in Arizona to sell you.

Between this board, and stupidly, the Rivian FB group I joined last week, I am not optimistic for the future of mankind.

You’re correct RIVN is no going bankrupt. There’s plenty of stupidity in the world today to go around but, I don’t think you can argue with the fact that $100K SUV’s and”Adventure”vehicles are niche markets. Does that market deserve a $60B market cap I’m not sure

 

[Ralph]

The third seat folds down flat. We don't have specs, but I think you are way over estimating the useful amount of additional cargo space.

This is part of the problem. Presumably they are changing specifications and raising prices based on information. But they STILL refuse provide specifications that would actually inform buyers. The kind of behavior you might expect of a door to door vacuum sales representative.

 

[Redline]

Don't remove yourself from your high pedestal of emotional stoicism.

I bet you cried at the end of The Lion King.

People 100% have the right to be upset by this, yet their emotions shouldn't get the better of them. You can't just scalpel out those things.

People have the right to be upset and cancel. That doesn’t change the fact people are seriously living under a rock if they didn’t see this coming. The world has changed forever the last 2 years.

 

[Redline]

You’re correct RIVN is no going bankrupt. There’s plenty of stupidity in the world today to go around but, I don’t think you can argue with the fact that $100K SUV’s and”Adventure”vehicles are niche markets. Does that market deserve a $60B market cap I’m not sure

What did Tesla start out with?

Step away and think about this without emotion.

 

[Joninrye]

Some of you people are so overly emotional and don’t seem to understand how business works.

If you think Rivian is anywhere near bankruptcy, I’ve got some beach front property in Arizona to sell you.

Between this board, and stupidly, the Rivian FB group I joined last week, I am not optimistic for the future of mankind.

Everything you post leads me to one conclusion; you're kind of a dick.

 

[Atlrivian]

You should’ve had a more realistic assessment of a startup company that until late 2021 had never manufactured a vehicle before. It sounds like a lot of people were expecting something that was frankly unrealistic to begin with. I didn’t place a reservation until late 2021 because I didn’t think they could deliver and what do you know???

I still have 3 reservations. Just drop your stupid camp kitchen, you can get something similar for $100 BTW just not that cool, and bring your reservation back in line with what it was before. That’s reality, sorry.

"Telling it like it is" and callousness while people are mourning just makes you look like a jerk. Let people have their moment. If it upsets you, skip the thread.

 

[Redline]

Everything you post leads me to one conclusion; you're kind of a dick.

It’s called reality. I live there.

 

[GaryL]

What did Tesla start out with?

Step away and think about this without emotion.

No emotion at all on my part, I am very satisfied with what’s in my garage. You are right in saying the world has changed in the last 2 years. That includes a considerably more competitive EV market place then when Tesla ramped the 3. Elon had a wide open playing field and an army of zealots to by his car and stock. RIVN just gutted their “army” at least for now. RIVN missed there window of opportunity. Who’s fault, it really doesn’t matter. It’s going to be interesting to see how RIVN trades. Even more interesting will be whither they give reservation numbers as of March 1 or as of the time of the earnings call.

 

[Ralph]

No, there is no limit at this time.

Which, as you imply, is only relevant if you actually receive a vehicle before any change is made. IMO, there is no reason to believe that all who had pre-orders will continue to qualify as time marches on.

 

[Ralph]

I'd feel much better about this if content that was stripped from the truck was acutally added back in. The electrochromatic roof and the 180 degree tailgate aren't worth $12,000, but it would have at least softened the blow.

Quoted for all the folks who proclaim "there havn't been any price increases since they set their initial price".

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