Rivan is dependent on volume production and sales of R2 like Tesla was for M3 at a similar point in time in their history. That was and is my only point.
Also, Rivian is moving as much in house as they can (see enduro motors) to reduce costs which is the Tesla model.
The only hope for Rivian stock at this point is for Rivian to undergo an acquisition - either by a legacy auto manufacturer (paging GM) that needs a pipeline of EVs or a company like Apple, that has cash to burn and abandoned their EV after spending 10B over the last decade.
Unless that...
That her takeaway from the "one more thing" reveal was wondering about the availability of RJ and not the R2/3 means you should probably start bringing your "A" game more often!
There is likely a future for R2T if Rivian can survive long enough. The R2 and R3 are aimed at a much larger addressable market of compact SUV/crossovers and Rivian needs VOLUME in order to survive.
R2/R3 is the equivalent of M3/MY for Tesla (whose survival came down to the wire).
Unless...
Good thing at least one of these comments has aged well...I wonder which one...
https://apnews.com/article/rivian-ev-georgia-plant-paused-97d89bd751961aad4a75b42ce7c051d7
Exactly. I will pay.
RJ - I will pay!!!
I don't understand why they would half ass it?! Who wants to power open their frunk but then have to manually close it? Putting finger prints, smudges and whatever else on the hood, potentially damaging it when you close it?
That better be a thicker...
Very surprising reveal. R2 already reserved. Actually even more interested in R3.
But....
Um.....power up but not down for the frunk?
Rivian, please don't do that!!
@opnwide this thread made my day! The bimberly and iPyle name tags are completely over the top but that is exactly why you sir are legendary!
Given the events of the last episode, I am relieved to see bimberly and iPyle are no worse for wear even if your old Pirelli's are!
Also, as is always...
Great writeup and thanks for taking the time to post. Glad you went with another electric vehicle. We obviously are pro-Rivian in here but in the end, we are all trying to empower electrification.
Rivian's survival is directly related to the success of R2. Last time I checked, R2 was the topic of this thread.
Didn't realize you were elected thread Sheriff.
Also, if Rivian has any hope of surviving without a merger (paging GM - they have $$ Rivian needs and Rivian has EVs GM needs) they need to think about devoting some capacity at Normal to R2. Even if they get the Georgia plant operational, they will need a year to get it fully humming and they...
Maybe the roof is actually a power tonneau cover roof with solar cells.
Seems like that might be just as likely as me ever getting a power tonneau cover configured on my dying on the vine pre-March reservation....
If you are buying Rivian stock, you need to understand that we are likely nowhere near the bottom yet.
Rivian, like most OEMs, is seeing a falloff in demand. The problem is, nearly every other OEM has legacy gas and more importantly, hybrid vehicles that can help offset losses in the EV...
Where in any of these sources you cited is someone saying 20 years ago that Solid State batteries were the "immediate future?"
Your post is just noise.
What am I missing here?
There are over 60 companies working on Solid State batteries.
60...