Exactly. Not everything is so contrived and complicated. They are trying to do the right thing. I really believe that to be the motivation. Even if there are WDI dart motivations (sales) they are trying to make things right.
No. It’s not desperation. It’s them following through with the sentiment in RJ’s letter that they made mistake and he wants to rebuild trust and provide better communication.
And look at that… a day later they are providing better communication by calling you instead of emailing you again. Make...
While I understand your point, I don’t quite agree for this reason. If Rivian really could not afford to take the loss, ever, that would have meant they just wrote their death sentence by reversing the price hike to save face with their pre-order holders which would be a decision that is...
Team… regardless of the price hike, Rivian was going to be operating at a loss for several years to come.
what they do now is they update their model to show new projections based on this decision and when they report to investors they are just going to have to explain it.
The key is for them...
I got the email this morning that an email would come out anytime after 5:00 PM Eastern, but haven’t seen the follow up email allowing me for my allocation. Has anyone gotten the follow up to purchase their allocation?
Buy and hold. Rivian has their sh*t together. It’s a stomach churning ride if you’re going to look at the stock everyday, but if you can expect this to be a long term hold 5-7 years, it will likely pay off.
I believe most people can modify contributions to taxes through HR - so essentially you could tell your HR department to not withhold any tax dollars. You would of course have to save a percentage of your earnings and pay all taxes at the end of the year, but this would ensure you owe at least...
What if you’re not wealthy and just want to buy a Rivian?
Putting a cap on the MSRP doesn’t incentivize ‘non-wealthy’ people to buy EV cars more it just means that more money will be available for ‘non-wealthy’ people to buy them.
It’s all relative - if a person makes $60,000 a year and buys a...
Service - Daily Drive Podcast did an interview with RJ on Nov. 10 and it was mentioned that Rivian will do all their own service. For minor issues they are planning for mobile service where a service agent will come to you
Finance/Insurance - same podcast mentioned that Rivian will do it’s own...