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Yes that was very well received !! I know it made me feel better. But having said that, don't you think he would have known all of this? Could it be that yesterdays comms were not finalized and got sent out?

More from the ticker: https://www.wsj.com/articles/electric-vehicle-startup-rivian-walks-back-price-increase-apologizes-to-customers-11646321716

You are absolutely right. Hmmm .... let's see where this all lands. Interesting article on their cash reserves: https://seekingalpha.com/article/4492514-rivian-stock-strong-buy-before-q4-earnings And sentiment of the news...

Very valid and lucid point. They showed their hand and have created a weird sentiment. Although there is a big relief from most of the pre-order people on this, but the investor will look at it with puzzling sentiment. But eventually, if you look at this historically, the goodwill in the long...

Timing the market and price points are usually a bit tough, but yes you could hit that. I'd suggest look at the candles and then look at the trend. Positive pressure seems to be rising against that push down. But seems like its almost to your 50

Don't wait for it to rebound, the sentiment is changing. Check Twitter, LinkedIn. Ride the emotional wave ;)

Looks like you're right, the news is traveling. Look at the charts and the amount of transactions per minute !!

What's the sentiment here? Do you think given this (and this being a really very nice letter and clear apology, admittance and reversal), the stock will rebound? Already seeing the sell orders from last night completing but a lot more buy orders balancing that and pushing it up.

I can confidently say, I'm happy that I bought the Tesla. This was another thing I was afraid of, and that's exactly what happened. Prices are going to be adjusted !!!!

Thank you all for your inputs. Writing this as I'm sitting at Tesla delarship, Update: Spoke to that friend who know someone on the inside. Got this statement "expect more delays". Not sure how much I can trust that, but taking a hedge now. Decision: Just finalized the deal on a Tesla Model X...

Hi delmi, I'm in the similar boat, actually just posted my first ever thread on this issue, although mine is an R1T. So I've decided to do two things: Get another EV, as I need a car (not just want a car). Keep my order with Rivian, and if they ever deliver AND become better as a company to...

Matty J - Thank for sharing the details. Especially your experience in Tesla 3 with fit and finish. I have heard similar from my colleagues here at the bank too. jdhiker23 - I'll probably still keep my Rivian slot, but if I do decide to give it up, I'll let you know ;) jjswan33 - Thank you, so...

Great points, that was my general thought too. electruck - I see and respect your point, and this is why I'm reaching out to everyone here. My final decision will be logical (inserting your Spock back here ;)). Is it logical to trust a company which does not provide clear communication...

Sevengroove - Those two vehicles are available and someone else could buy them. That's how I will loose the option. The two dealers in question will not wait for me for several weeks. Also, with high demand of EVs and supply chain issues. I'm formulating the question, whether I should buy what I...

Hello dear Forum members, I have been following this forum for some time now, and today decided to join. So this is my first post. It has been 3 years and 4 months since I placed my order for a Rivian R1T. The only information I have is my delivery window of March / April I have called /...