On Friday Tesla slashed the price of the Model Y:
https://techcrunch.com/2024/04/05/tesla-slashes-model-y-inventory-prices-cut/
Remarkably, even with this price slashing, the Model Y is still positive margin for Tesla. It looks like Tesla is trying to clear out inventory of 40,000+ Model Ys. I...
This week I am trading in my 2023 Quad R1S for a 2024 Quad R1S.
Here's the situation. I had two pre-price-hike R1S orders. I took delivery of the first order last year, and have been sitting on the second order. I was probably just going to request my deposit back. The real plan was to let it...
I have a 2023 X Plaid and a 2023 R1S Quad. They are completely different vehicles and both are amazing. The X Plaid is for fun and the R1S is for utility. I feel the X will have some value left in 5 years, and I feel like the R1S could be a paperweight in 5 years.
How did you get lease numbers? Do you have to complete the application? My guide is not being helpful with this, and the lease numbers before applying (but while logged in) are way higher than when logged out.
This is my guess as well. I was going to hold out for the refresh, to try to hold out to roll my pre-price-hike price to the refresh, but now I am really guessing that is not going to be a possibility.
I paid cash for my Quad R1S. I think right now I will be leasing a 2024 exact same config as...
Just to be clear for everyone, Rivian is not and will likely never be Tesla. Because Tesla was always teetering on insolvency it had to vertically integrate because OEM suppliers would not do business with it. Also, Elon had early experience with the roadster (at super low volume, therefore not...
In south Florida the Rivian map is years out of date and is totally missing major interchanges on major highways. It's a total pain. It doesn't even show some of them on the map at all - that's how old the map is.
Waze blows away Rivian for traffic routing, police user alerts, and up to date...
If someone came to you with a business plan with post-R2 production at Normal, that showed you just burned $15 billion in debt and equity, you're still not profitable, and to be profitable you need to raise $5-$7 billion more and wait 3 years to build a new plant in Georgia, and while you're...
This is not financial advice, but it appears that it is mathematically unlikely that Rivian could generate a profit without the Georgia plant.
Bottom line is delaying the Georgia plant appears to be a bad strategic move for the future of Rivian as a standalone company. Delaying the Georgia...
I have always wondered what Tesla does about crash testing with all of the extremely different iterations of the cars it produces. The early Tesla M3s are contructed totally different than the later M3s. The MY with the structural battery pack is a completely different design than the...
Me too. I have one R1S and a second pre-price-hike order pending. I am assuming there is no way they let us roll the pre-price-hike into the refresh, but if they do allow it I will buy a refreshed R1S.
I really feel with the refresh our pre-refresh R1xs will quickly become paperweights. The...
Is that fog in my charging light bar? Yes, it is.
My R1S is garage kept at home and work, but I did run it through a touchless (water jet) car wash a few days before this photo.
I hope it evaporates?