I'll take that because it's based off of ownership experience.
I'm not sure my R1S was worth the $80k (excluding tax rebate) I paid for it, when compared to a Cayenne. So I'm damn sure it's not worth $100k with no tax rebate.
I still think my MY at $60k 2 years ago with no tax rebate was a...
They prefer the MY 10/10 times as does my father in-law, my mom, and my wife.
Agree the suspension could be tuned on the MY, but the cornering is better then the Rivian especially compared to Soft mode.
I own a Model Y and an R1S.
My kids prefer the Model Y every single time, they say it's quieter and far more comfortable.
I paid $60k for the MY with no tax rebate and even with these recent price drops and a tax credit I don't regret my purchase because we've had 2.5 good years with the...
Thanks for the thoughts from some dude who drove a Rivian for 45 minutes.
Landcruisers, LXs, and Range Rovers are TRUCKS that don't have the tradeoffs that the R1S has wrt build quality and comfort.
I'd like to see your comments after you've owned a Rivian for a few months.
The vampire drain is so 'Minimal' that you would ***never*** leave your truck for an extended period of time at 40% charge, ?.
Do you own a Tesla? Much much better seats, charging network, vampire drain, and efficiency. 9/10 times I choose to hop in our Model Y over the Rivian, and you're...
For anyone still on the fence about completing their order, take note. This product is a mess!
Here are the type of 'Adventures' you will be signing up for: vampire drain, cabin noise, substandard seat quality, hit/miss/miss/miss charging network, 2x energy costs c/w Model Y, and IMO dangerous...
Efficiency can change (e.g. most recent update added several miles to range), I'll grant you the weight of the truck.
What is unique about the chemistry of Rivian batteries that prevents bi-directional charging?
All of the other items on my list are failures of Rivian to execute against...
I have had the R1S for a couple weeks. So far, I am impressed with the cargo space, acceleration, and exterior design.
I am pretty unhappy with the cabin/road noise, performance in snow/ice, range/efficiency, charging network, lack of snow tires for 21" wheels, seat comfort, Driver+, heat loss...
Because large infrastructure projects always come in under budget and everyone in Georgia is super excited to subsidize building that plant.
Apparently, I also forgot to factor in selling cars for a per unit loss in 2023 will somehow make money at scale. Sounds like Softbank/WeWork logic to me...
I think they had $13.3b in Q3.
-$1.7b Q4 '22
-$5b Georgia factory
-$1.7b/quarter x 4
-----------------
-$200 million at the end of 2023
Maybe they survive through 2023 if they delay Georgia.
Rivian is currently fighting to survive.
Yes, they raised a lot of money last Fall, but with their current burn rate and their unit costs >> sale prices for all of the pre-March 2022 reservations, there will be massive financial pain for the foreseeable future.
Additional headwinds:
Charging...
I did not change my configuration - R1S LE Blk/Blk, underbody, 7 seats, 21", delivery July-Sept '22.
I predicted a 20% chance Rivian would reverse course after seeing the outrage on Twitter, Forums, and Reddit along with grown men crying on YouTube about the price hike.
The other factor I was...
Anyone considering shareholder legal action?
I would like to know when the price increase was discussed/considered by Rivian leadership. A price increase of this magnitude seems like a material disclosure at the time of the IPO. I believed the company's stock had a certain value based upon...
Email received, $78/share. I will buy half the 175 shares because of the shenanigans with the IPO price increase.
I'll save the remaining money I earmarked for Rivian to buy the dip!
I agree with previous posts that the initial IPO price range offered some upside, but current IPO price at $78/share feels greedy.
How soon can the DSP shares be sold?
I enjoyed the First Mile event in Sonoma over the weekend. The truck is nice, but I'm not sure the Range Rover/GLS crowd is...