I think that preorders will not have a price increase (preorders may not include all, but maybe up through a certain date). However, Rivian will make up for the margin hits with the subscription fees.
If the stock price stays above $100 - I wonder how long it will be before they do a secondary offering? At the current valuation - they should put as much in the bank as possible.
Makes sense and I might just do that. I'm sitting on an early reservation (#1533) and I'm wondering if I'm going to be able to see/touch/drive the R1T before having to decide to buy? I'm sure it is going to be great, but as it is now it doesn't check all the boxes for me.
Alternatively, it'd...
R1T. Nov 27 2018 reservation date. "Launch Edition R1T delivery window is now March-April 2022".
Bah humbug. At least it gives us plenty of time to look at all the other EVs coming to market.
Seems like some Rivian features and capabilities will require a subscription. Like it or hate it - it seems like Rivian is moving forward with a recurring revenue model. Software companies have had this issue in converting perpetual software licenses into subscriptions - it took a long time...
It isn't a requirement, but it is very desirable to have a test drive before having to place the official order. Rivian has the Assurance - money back, return policy (7 days, <1000 miles, etc) - I wonder what costs would not be refunded (delivery? other? the purchase contract will tell us...
I wonder what the product release cycle will be - R1T currently "in production"; R1S "soon" to be in production (by end of Q4, early Q1 '22) and then .....??? Maybe they are close enough on the R1S and upon completion of the IPO that they will start to provide some forward looking guidance...
Just my perspective:
We'll find out "soon" enough what's in the S-1 Registration Statement - there will be plenty of details to mull over. Once that is made public, there will also be a huge push on getting orders out the door - analysts and others will be looking at numbers and RIVN (or...
I haven't been keeping up with the various threads/forum post, so sorry in advance if this has been explained elsewhere. Is midnight a new color? Thanks!
Very true. We are still pretty bummed about eliminating the 180kWh battery from the launch edition.
I recently had to refer to the original pre-order confirmation and I was reminded of the larger battery as referenced in the confirmation: " Our 180 kWh and 135 kWh packs will be available...
I may have missed something in the new website and perhaps battery size will be an option in the configurator? Same with color (Launch edition appears to be just green??). We can only hope.
Edit: I didn't read the website - I see the info now for battery size and also that the Launch Edition...