Search results

Discussed in detail here - > https://www.rivianforums.com/forum/threads/trading-2023-r1s-in-for-a-2024-r1s.26059/ Including the all in cost of the transaction. $4,590. What is most interesting about the deal is that I got $71,835 on the trade for the R1S (5 months old, 4,000 miles), which was...

Not trolling - this is just truth. RJ was asked about whether RIVN had enough capital to produce the R2, and the probably-honest answer from RJ was "We're very confident in the capital we have supporting operations through the end of 2025."...

There has never been so much writing on the wall. I have no idea what RIVN is doing, delaying the next capital raise. Things are not going to get better. It needs to raise capital now - that is, unless RIVN is already in takeover talks to be acquired by another automaker (this is the only...

Not financial advice - yes, if you live in anti-freedom state with life sucking income tax.

I think you can reject a vehicle for whatever reason at delivery, then they let you pick a different VIN. Just claim the panel gaps are gnarly, the suspension is making weird noises, etc, which will probably have the virtue of being true.

I just paid pre-price-hike cash for a 2024 R1S, trading in a 2023 R1S. The lease money factor was too high - effectively around 7% for the 2024 R1S - for it to make sense for me to least the 2024. Other users report money factor near 0% for the 2023 R1S quad. If you are ok with the 2023, the...

Not financial advice, but instead of t-bills consider BOXX, which gives you long term capital gain treatment to 3 month t-bill exposure via ETF.

LOL you must be kidding. You think certain hedge funds and equity funds almost always beat the market because they are better and smarter?

You are right, but that is the past and that opportunity is no longer available. Raise capital when you can, before it is too late. It is almost too late, but Rivian still can.

An officer selling shares would be public. It could be large holder strategically selling large blocks without any specific insider news, but I doubt it. Volume is high today, so there is probably significant non-public information out there.

Can you run the XPEL stealth though a no touch car wash once a week?

Shareholders should not care. Any price. $5 billion at $5 per share would be a gift at this point. Shareholders need to understand that raising equity now and coming up with an actual plan to profitability will deliver at-least-some value to shareholders, while not raising equity capital will...

There might be a leak of some insider news. Either a diluting capital raise, or an acquisition at a discount. When stocks drop like this for no reason, it is sometimes because there is a non-public reason the stock is dropping. I would prefer for Rivian to go out and raise $5 billion in equity...

It is theoretically possible the L2 charger is 277 volt. If that is the case, the Rivian cannot charge from that (Teslas can).

I closed the deal this morning and swapped the 2023 R1S Quad for a 2024 R1S Quad. The cars have identical configs. My total out of pocket was $4,590, including the $1,000 deposit I paid years ago. Rivian paid $71,835 for the 2023 R1S with 4,000 miles (this was higher than Carvana, Carmax, and a...

You could be right! My logic is that refresh vehicles will not go to the shop, and that configs would thin out and I wanted a particular config, so I moved fast.

I didn't go with the binding contract concept because it seemed scammy and at the end of the day was not worth audit risk for me. I know too much about what placed in service means.

You guys can't be serious? RIvian is losing money at unheard of, colossal levels. I am a Rivian supporter and R1S owner, but I am also realistic. Again, I hope the company survives, at the very least to support my quad and honor the warranty. But, the statistics are no bueno.

Without building the Georgia plant they will never be able to produce enough R2/3s at scale to be profitable. The combined production capacity at Normal is not high enough. This is sad, but true.

Man you guys are really inspiring me to start a money losing company with infinite cash burn and no path to profitability. Your optimism is contagious! Animal spirits.