There is….he sees they are going to be out of cash before they can finish and produce R2. That’s a reality and they either need to get another cash infusion or be acquired. I would be having serious talks with Amazon
I respectfully disagree. Even a major cut in spending will not generate the BILLIIONS they need to survive. Cost cutting yes but not enough to save the company. It’s too late for that
Amen, I think this guy is on It and and someone at Rivian should read this. They are in trouble no doubt about it. If they don’t respond fast there will be no R2. Right now the best thing would be an acquisition , maybe by Amazon, they have gobs of cash
Rates are not dropping and people are not buying until after the election. Rivian is in serious trouble and I am a fan, a stockholder and an R1t owner. They are bleeding cash and if thiings don’t change they will not be able to build the R2 at all. Most likely they will be acquired if they are...
They simply don’t have the money and without out it they are doomed. Sad to say but it is true. They will become a candidate for an acquisition. I hope!!
If Rivian doesn’t get a capital infusion quickly there will be NO R2 This company is in dire straights and could end up like the original fisher , Bankrupt. They are running out of cash quickly and they need it to bring the next car into fruition. Without the cash the only other way is to be...
I was an early adapter of his first car in 2012. It too was a disaster and they went bankrupt the first year, leaving owners with no warranty a car plagued with issues. It looks like it’s happening all over again. This guy is a designer and a good one. He should stick to what he does best and...