I couldn’t agree more, as of now we don’t know what’s RJ’s road map to 2026. I honestly believe that R2 production in the current facility will put everyone at ease from a cash need perspective.
Yeap and 2026 assuming building the factory goes smoothly! I just hope they entertained the idea of producing some at the current factory since it’s not at full capacity. I don’t see them selling 150k a year by 2026 anyways!
How many new cars do you think will come out by then ? A few I would say! Even Tesla’s Next Gen is coming out in 2025. I am afraid 2026 is too long of a wait for an impact.
Very interesting point! And you don’t see mainstream media talking about car industry in general, they focus more on EVs as if ICE sales are growing fast!
Yeah no EV in the stat, I doubt that Rivian has 12.5K of inventory because that would be 22% of expected sales in 2024, also the difference between production and delivery last quarter was only a couple of thousands ( including Amazon’s vans). Someone can just just send a drive of their factory...
Look man, I didn’t force you to read or answer my post. I saw a relevant news and shared it with people here to discuss it relevance to us shareholders, now if you have any input to add please do, otherwise you can browse other posts!
Ofcourse Elon is lucky, he said himself “he was few hours from filing chapter 11”. I have no political views on Elon and all I stated were facts. Not sure why you got excited lol