Search results

Claire said this week that the R1 line will be receiving new, overhauled batteries during the factory shutdown coming in April. They may be upgrading the architecture.

Sure - I have no inside information and this info does require some "reading between the lines". Here in this video from 6 months ago, you can start at the 17:50 mark and RJ will take you through a dynometer test chamber where they are looking at a "future drive unit that we haven't yet...

There will be in 5 months, with certainty.

RJ talked about their development of bi-directional chariging in his "Ask Rivian" video earlier this year. It's in the works. 22:30 in the video Could this also be a factor in their recent decision to Include a free charger with R1T sales? To clear out the old non bidirectional inventory...

Incorrect on a few points. The in-house quad motor has been in development for a while, we've seen it on the test dyno earlier this year and RJ recently posted an Instagram video of him driving with his family in an R1S with the new quad motors. It's coming. This is a very positive development...

Sounds like a paid advertisement

From latest earnings call transcript and other interviews with RJ.. shutdown will be 2-3 weeks in April. Then the line will need to ramp back up. Won't reach full run-rate until Q4 2024 and then 2025 becomes a true profitable full run rate year. This shutdown will significantly impact 2024...

While the funds will be ultimately provided by Rivian, the JDA is providing them with 25 years of financing of up to $15 billion dollars. The upfront money to build the project will all be provided by the JDA and will be leased to Rivian.

I totally disagree.. reading the 8-k again, the JDA is actually going to pay for the entire project (plant, machinery, etc), and rent the faciloty to Rivian under the terms of the lease agreement and bond purchase agreement. Rivian also has a option to purchase everything down the road.

I don't agree with this. Linked to the 8k there are several different provisions, including exhibit 10-2 the bond purchase agreement. The JDA will issue an initial 25 year bond for $5 billion and those funds will go to Rivian to build the factory. The exhibit also outlines a provision for up to...

The 8k was dropped this afternoon during market hours and there wasn't much reaction. Maybe the market needs time to digest and react, but I don't think this is any surprise to the market. Access to (UP TO) $15 billion in debt (straight up bonds, no conversion/equity dillution) to launch R2 I...

This is a whole new feature set being developed and launched. There is a reason they are spending $500 million dollars per quarter on R&D. They rent compute from Amazon and have an AI/ML team working on autonomy. This is all part of their business roadmap and the reason they raised 20 billion...

The LCNRV write-downs will be gone by the end of 2024 as the vehicles become gross profitable. This is a matter of overpaying for materials because they launched an automobile company during the supply chain hell of the pandemic, and them selling the vehicles at too low of a price for the...

Makes more sense now. He was spinning the wheels to unwind the mileage and it took off on him.