Not quite.
And, it didn’t stop all those people from reporting on their new leases recently.
It’s going to suck, and the stock price reaction today is just a view into the future, unfortunately.
Honestly, Rivian is going to have an even harder time getting people on the fence with Dual Motors to pony up an extra $7,500. The higher trims are not the popular Rivians. And, let’s not forget everyone on these boards who jumped on the leases that included the $7,500 cap reduction...
Tesla superchargers have been maintained well with good uptime even before and after RAN started rollout.
RAN is so small and so few out there still that it makes no difference.
The R2 needed to come out two years ago, not two years from now. And, it will be even more expensive than expected when it comes out with EV credits likely to go away now.
I do hope we could see cheaper Chinese EVs in our market. That would surely give Tesla a run to make EVs even more affordable. Tesla has the margins even now to compete.
Rivian is just not in a good position whichever way you look at it.
Agree somewhat. But, average prices of a Rivian has gone UP, while practically every other maker has gone DOWN.
Not the trend you want to see with ICE about to pick up again.
Rivian needed to have the R2 out like last year. Not in a couple years from now with likely no more subsidies/credits.
A good thing?
Someone is overly optimistic.
If Rivian could have gone lower in price with a cheaper entry R1S, they would have by now. Unless RJ is that stupid thinking $110K vehicles will save the company instead of $65K vehicles.
And, with gas prices going lower with Trump, ICE is going to...
Interestingly, the number of recalls for the R1 have been increasing every year. So, just because a carmaker has experience making cars doesn’t mean they get better over time.
And, yes, Rivian has had more recalls than CT this year. Not all serious safety issues either way for both brands, though.