The opportunity to order the base 40 k truck with a 20-24 week delivery window was there in my first wave email. You will see plenty of pro models on the road long before you see any R1T Explorer or Max packs
Dan Ives carries weight on Wall Street and RJ's performance on the earning call is the catalyst for the harsh words. Basically no more excuse, deal with the world as it is today or there will be calls for RJ to be pushed aside.
So I did a few back of the envelope calculations. Please remember these are national numbers so your milage will very. Assuming a 15% of gross income rule for car expense and not trading down on the truck equipment Rivian just went from being affordable to the 92.5 percentile of income earners...
Are you saying that the total number of preorder cancellations as of this minute are in the "dozens" or just the number of cancellations that happened in time to be reported on the earnings call will be in the dozens?
No emotion at all on my part, I am very satisfied with what’s in my garage. You are right in saying the world has changed in the last 2 years. That includes a considerably more competitive EV market place then when Tesla ramped the 3. Elon had a wide open playing field and an army of zealots to...
You’re correct RIVN is no going bankrupt. There’s plenty of stupidity in the world today to go around but, I don’t think you can argue with the fact that $100K SUV’s and”Adventure”vehicles are niche markets. Does that market deserve a $60B market cap I’m not sure
Proprietary trade secrets. You Tube would take it down in a heartbeat if asked. Makes me think that Rivian sanctioned or at the very least turned a blind eye. I have drove around looking for a suitable launch site for a drone flight. It wouldn’t have been that apparent path.
Russia/Ukraine accounts for nearly 31% of world wheat, barley and sunoil trade. Ukraine is a major corn exporter. On the Input side Russia and Belarus are major exporters of Potash and Nitrogen fertilizer which if in short supply will effect domestic US yields. A large change from the 70's...
I would like to think you are correct about good news on the earning but so far I have to believe the sleuths here would be all over 3 party deliveries in volume. Here is to hoping good news is on the horizon.
In a Motley Fool article dated Feb 18 it said Dan Loebs Third Point was building a position in Rivian. Thats going to get the attention of Rivian upper management in a hurry. Look for more focus shortly.
Someone or entity seems to be accumulating RIVN stock. RIVN strength relative to the comparable stocks has been noticeable. It might be short covering but I don't have access to that data. Any thoughts?