Rivian Q4 FY2021 Earnings Call 3-10-22

[SANZC02]

It took Tesla over 9 years to have a positive quarter without ZEV credits.

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[nc10]

there were hundreds of trucks there and they were loading them up into rail cars.

Really good news! The reports of deliveries should accelerate. Thks!

 

[Sgt Beavis]

This is what I'm hoping to hear:.
1. Planned improvements for customer communication (hey, a man can dream)
2. Even though I expect 1st quarter production numbers to be low, I want to see that they've really ramped it up over the last 3rd of a quarter. I also want to hear that they are on target to complete this years deliveries, as planned.
3. A detailed explanation of their pricing fiasco.

 

[Ladiver]

You will hear the following items during today's call;
1. Vehicles are being delivered as fast as possible, but there are constraints out of their control.
2. Production is ramping fast, but there are constraints out of their control.
3. Deliveries are on track for 2022 commitments, as long as no unexpected delays occur.
4. Unicorns are well on their way to shitting rainbows and the pots of gold should be ready to go by the 17 to align with St. Patrick's Day!

 

[stumptown85]

To be clear, earnings today are for last quarter. We are a month in to this quarter, so nothing they have shipped in the last month counts anyway. All they can do is give forward guidance for this quarter.

Well. Based on a post from somebody who picked up their truck in Normal Tuesday there were hundreds of trucks there and they were loading them up into rail cars. I can’t imagine any of those getting delivered before today’s call, so I suspect over the next week, deliveries will increase. Whether they can ramp production to sustain the delivery rate is an open question, but I don’t think this was a stunt solely to get deliveries right before the earnings call.

 

[mwexler2]

In the Q3 earnings conference they released backward looking production and delivery numbers for post Q3. So they can and likely will do more than give Q4 numbers.

To be clear, earnings today are for last quarter. We are a month in to this quarter, so nothing they have shipped in the last month counts anyway. All they can do is give forward guidance for this quarter.

e o

 

[Scoiatael]

So worried about my stocks TBH ATM..

I'm expecting a sharp drop tomorrow no matter what. There is always an overreaction after earnings. Tomorrow would be a good chance to average down if you are planning on holding long term.

 

[Guy]

To be clear, earnings today are for last quarter. We are a month in to this quarter, so nothing they have shipped in the last month counts anyway. All they can do is give forward guidance for this quarter.

You are right this call is financially about quarter 4 last year but we are 10 out of 13 weeks into Q1 so we should get a good read on Q1 production and plans for Q2.

 

[DB-EV]

Be there.

Where is the link to the call? I can't find it on their website

 

[Matt D.]

You will hear the following items during today's call;
1. Vehicles are being delivered as fast as possible, but there are constraints out of their control.
2. Production is ramping fast, but there are constraints out of their control.
3. Deliveries are on track for 2022 commitments, as long as no unexpected delays occur.
4. Unicorns are well on their way to shitting rainbows and the pots of gold should be ready to go by the 17 to align with St. Patrick's Day!

You forgot:
5. Limestone is real! We have a picture to prove it!!

 

[moosehead]

https://edge.media-server.com/mmc/p/axwnsoak

@DB-EV See above weblink for audio dial into earnings call. Starts 1 hour from now.

There will be transcripts after the call, but I am keenly interested in hearing the C Suite handle themselves under pressure.

 

[NY_Rob]

Where is the link to the call? I can't find it on their website

https://edge.media-server.com/mmc/p/axwnsoak

 

[SANZC02]

Anyone interested, you can get to it at the bottom of the Rivian Site under the Investor link.

 

[DB-EV]

Th

Anyone interested, you can get to it at the bottom of the Rivian Site under the Investor link.

Thanks both. I didn't see it but rivian.com/investors works. The community strikes again.

 

[nikeykid]

https://assets.rivian.com/2md5qhoea...844f1e7/Rivian-Q4-2021-Shareholder-Letter.pdf

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