The issue for the market and those of us who are investors is, what’s the path forward? you just told us volume isnt increasing so where is revenue and profit coming from? I don’t care about gross margin, as they will still be burning cash at an alarming rate. What is the plan for the company...
I just dropped my R1T off at the Tampa SC for some warranty work - great facility and people. They can only do limited work due to a permitting issue with the county. They have no idea when it will be resolved - it could be days or weeks.
Economics were not part of my decision to buy a Rivian. We could build a pivot table with enough variables to make anyone feel good or bad. If economics are top of mind a 7000 pound vehicle from a new auto manufacturer probably isn't the best idea - IMO.
PS - I like and enjoy driving my R1T