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A lot of talk about efficiency and wanting to be green and then the truck burns up 2% of the battery every day just sitting there doing nothing. It's pretty crazy.

It would be a big blow to R2.

To think getting rid of a $7500 tax credit won't hurt EV sales is putting your head in the sand. It won't kill the industry, but it will definitely put a drag on sales and hurt a company like Rivian at a time when they can't afford an additional headwind.

The company has shown zero ability to make and sell a vehicle for a profit. That is not a recipe for success.

It's honestly shocking they've sold as many vehicles at these prices as they have. I chalk it up to the tax credits and the lease deals that some financier out there is going to take a bath on. Do we know who's taking on the residual risk for all these leases? If it's Rivian ultimately holding...

Very nice incremental updates for the vehicles but the pricing is definitely aspirational.....cuts will follow probably sooner than they would like.

Crickets! I finally threw in the towel last September on my Dec. 2018 Quad Max reservation, but I'd be curious to know what they end up doing.

Yes, blame it on the shorts! As RIVN still loses five figures per vehicle sold. Come on people.....don't believe everything you read on the internet

It's in the 2024 outlook of the shareholder letter. "Our full year targets rely on an improvement in order rate driven by our planned go-to-market strategies."

Because their R1 business is deteriorating rapidly. I believe their guidance for sales this year is wildly optimistic at current prices. They hinted at this by saying their projections imply a pick-up in demand throughout the year. I don't believe there are any Rivian, EV specific, or macro...

They needed a lot more than $1.5 billion and still do. I'm sure they were hoping to do it in pieces which was clearly the wrong strategy with the bottom falling out of their business. Is it better to raise capital with your common at $25? Or at $8......or how about $4?

They don't have enough money to get through the launch of R2 at any sort of scale that will matter. That is the problem. They are cutting costs but they will also have to cut prices. The market doesn't lie.

Yes raise capital NOW. They should have done a secondary in the fall when they saw sales collapsing and the stock price was in the mid $20s. They should have done it in the first quarter because nothing was changing. The same is true today. You raise capital when you can and right now while the...

Completely foolish of RIVN management to not raise capital when the stock was considerably higher. It's foolish of them not to raise capital TODAY. Rookie mistakes and the shareholders will pay the price.

The Rivian glass is trash. I got a chip on my second drive after getting the windshield replaced from getting cracked. The insurance on these going forward is going to be astronomical.

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