Sign you up for a class action suit that will result in Rivian offering to fix your tonneau when there's a viable solution, which they've already done, and some plaintiff attorneys getting a bunch of money just for "forcing" Rivian to do what they're already promising to do? Sounds like a great use of everybody's time and money.
I think it's fair to compare Rivian's production ramp to Tesla's ramp on the Model S. Production of the Model S has never broken 20k for a quarter and only broke 15k twice in 2016. Tesla did deliver a little under 25k total S and X combined in 2nd quarter 2016, so maybe that's the right comparison? That's 4 years after production of the S started and a year after production of the X started. So Rivian needs to hit 25k quarterly deliveries by sometime in 2025 to match Tesla's pace? I think they're in good shape.
Hard to compare including the Model X as they originally planned the X for 2014 but then pushed it out and was not delivered until last qtr 2015.
They both matter. The question is what is Rivian's warrantee costs as a percent of their sales.
Agree with this completely ... Tesla Then vs Rivian now (i.e., apples to apples in terms of production ramp from the start, and profitability in the early stages). Too often, and already within this thread, people look at Rivian’s numbers — deliveries and financials — then compare with what Tesla is doing now.
The target was produce 52k, more deliveries would be great but need 12,309 to produce 52k this year. If they hit 15,850 deliveries this Qtr they will hit 52k deliveries, I think that is doable based on inventory. Curious how much of that inventory are EDVs.
We got the manual one and while it isn't the greatest, it gets the job down. My brother-in-law has the R1T and took delivery a year ago and his works perfectly fine.
depends who you ask. i think its pretty clear if you ask wall street, only quantity matters. you dont have to look far to see the poster child for this - Tesla.
When I saw at the beginning of the year Rivian issued that conservative guidance of 50K and wouldn't raise it, they eventually did to 52 but that's not much, I thought to myself finally someone over there is learning how to announce stuff without tanking the stock price. The street might not like conservative projections but they love exceeding projections and they hate not meeting them.
