No offence, but I think I'll trust the highly qualified mgmt team over a random on the internet. If they can get to gross profit based off only 57k annual production, I think they'll be doing alright when they hit 210k at Normal.
I think you have a short, Tesla infused memory lol. Tesla almost went broke getting the M3 out. It was a hard road to profitability.
You also assume Rivians at base price arenāt profitable. And remember they expect R2/3 to be eligible for the full $7.5k, so weāre talking $38k +, for a vehicle...
This is a great move. I believe itās more than generous given they are giving customers till Sept. And interestingly this will mean a clean Dec 24 qtr - one in which theyāll benefit from no more LCNRV and fully benefit from the line upgrades.
Geez the Tesla people are sensitive. Tesla yes was the first to really mass produce EVs and start a SC network. Praise to Tesla... But my point is that Rivian for many years (they made lots of these decisions years ago in stealth mode) one of which was the importance of a reliable charging...
They basically doubled service centers last year and have a further two full years before R2s start coming off the production line. And theyāll apply learnings from the launch of R1.
I agree they should consider opening up R1 to select OS markets. Howeverā¦. Rivian have been very clear about R2 being a global product to be sold worldwide. RJ gets asked all the time about when Rivian is coming to this country/that country. He always replies R2 is their global product. The...
Iām so glad the partnership broke down and Ford largely exited the shareholder base. Fordās EV business is a mess whereas Rivian hasnāt looked back.
Yes but as we know they schedule the updates in batches, could be VIN based? And he knew about the software update pending - the fact he didnāt ask for another test drive, but decided to come online and have a rant/meltdown is cause for concern.
Pretty rude man. Yes, I have read lots of this thread and you've become increasingly rude and hostile as it has gone on.
You have compared the R1S (a BEV) to an X7, a Range, Porsche Cayenne (all ICEs).
There is no comparable BEV from BMW, Range or Porsche yet. BMW iX is around $120k and is...
Do you actually realise a BEV equivalent from BMW or Range would be at least double the price of the R1S????
Stupid argument about spending $X and expecting certain features.