The problem with your comments is how divisive they are with regard to the post "Q4 2024 Gross Profit of $170M for Rivian". The CEO has for over a year focused on cost reduction, capital improvements, new product pipeline and product improvements. He's expanded the EDV/ECV customer base, added...
Not mentioned yet and not data related but in your garage, treat the floor with a coating that is visually appealing but also has a mild grit or flake in it to prevent slip/falls. Helps with salt-cleanup, spills and is visually better than bare concrete.
Also, if interested, add a TV aerial to...
Because your demarc is going to not be in your living room(s). Because your data access mesh won't be able to cover into the garage from the basement. Because that dang storage array by your gaming PC needs a dedicated ethernet. And because the latency of multi-hop MESH is going to bother the...
Wherever the structured cabling service is terminated in the house, run an blue-flex tube with a pull-cord or twine to at least three spots in the house; the garage, the farthest bedroom/living room and the highest point in the attic. It is cheap insurance once the walls get sealed for adding a...
If adding Ethernet, insist on >CAT6. Do not allow them to do CAT5 as it will limit bandwidth growth later on.
And just because, add a 120VAC outlet to the attic with an adjoining CATegory port. It helps to mount an AP up there and covers all the floor just below, thus saving the need to put...
If adding a hose in the garage, please, please make sure there is a drain underneath each vehicle stall. No one likes the drain between cars except for the contractor building your garage who thinks one drain in the middle of a two-stall is plenty fine. It is acceptable from a volume...
While true of general business, not true of Rivian. For them to reach unit Gross Profit was nothing short of herculean. They had to redesign the entire vehicle but not disturb the outer design cues. That means new battery, motors, ECUs, suppliers, cameras, wheels and software. Gently calling...
Not calling anything mentioned incorrectly. Just a reminder that Rivian has another product line in the EDV/ECV. Correctly, they no longer have Amazon exclusivity, however Amazon still has 80,000 EDVs left to take in for their 100,000 commitment they reaffirmed late last year. Now, Rivian is...
They are forecasting some negative impacts to the EV tax credits going away. 8k vehicles in Q1, 14k in Q2 and a one month shutdown to prepare for R2 to ship in 1st 1/2 of '26. Planning to stay full-year profitability.
Not a financial expert but if Rivan delivered 51,579 against a gross profit (loss) of $1,200,000,000 = -$23,265 per vehicle delivered across the 4 quarters of '24. This is inclusive of two quarters of Gen1 production and a parts shortage in Q3.
However, for the Q4, they netted up a +$170M with...
Looks like their guidance is to repeat this year in delivery performance and slightly pull ahead on EBITDA vs Expenditures to likely show they can manage their remaining cash on hand. It also means to me that they are not going to get the cash-in value they got this year from EV credits so...
https://rivian.com/newsroom/article/rivian-releases-fourth-quarter-full-year-2024-financial-results
RJ Scaringe, Founder and CEO, Rivian said:
“This quarter we achieved positive gross profit and removed $31,000 in automotive cost of goods sold per vehicle delivered in Q4 2024 relative to Q4 2023.
My brother has a C8. It sounds so awesome. He has so many fast and over-the-top ICE cars. Laughs at me for being a BEV believer. Just one time, once, I'd like to have him looking at a BEV with envy. I'm a child, I know. . .
Warren Buffett quote, “Price is what you pay. Value is what you get”. If you feel it is time to recoup your $3k then now is actionable moment to get the limited edition California Dune Tri/Max. It may end up more of a halo then the Quad/Max depending on run-rates. Plus it will have better range...
Ok. Just caught up on this thru page 5. Let states tax for state roads. Feds tax for fed roads.
Add a federal tax to electricity usage, both commercial and residential. Also start a phase out of fossil fuel subsidies at say 10% per year for 10 years. Make gasoline production pay their way as...