Search results

Well they were bound to lose a lot of money so it’s a catch 22 for them. Either burn some bridges or sell at “staggering” negative margins (as Elon put it). They lost over $2 B producing just over 1000 vehicles so roughly $2 M cost per vehicle delivered. Imagine what the losses will be like...

Haha having endured a large number of unfortunate driving incidents in the snow during my time living in Bend (spun off road x2, needing snowcat to tow me out of Bachelor lot, etc) I can see why they opted for a bit of extra “security” with their new rig. Range is the lesser concern until it...

You should’ve had a more realistic assessment of a startup company that until late 2021 had never manufactured a vehicle before. It sounds like a lot of people were expecting something that was frankly unrealistic to begin with. I didn’t place a reservation until late 2021 because I didn’t think...

This seemed pretty inevitable. If you knew anything about Rivian pre 2021 you knew they were at best walking a thin line between being the next Tesla and being the next Fisker. This was fairly predictable given the basic economics for EVs and the raw cost calculations that you could have easily...

Every state will be a bit different but you can bet that as revenue forecasts dip they will need to figure out new ways of collecting money. Most states don’t have enough EVs as it is for this to be even marginally beneficial in any meaningful way. And a lot of times there are conflicting...

Seems like most of these gains are pretty marginal other than the battery system improvements… I mean, you can make some huge gains taping up every panel gap on the car but I don’t think most people would do that. Nobody is taking their mirrors off, let alone folding them up while they’re...

Dealers are responding more to supply and demand for the vehicles while Tesla price adjustments likely take that into account but focus mainly on cost projections so they can maintain margins. It’s similar but pretty different. To understand the dealer model you have to understand that...

While Hyundai/Kia products seem to exceed expectations their dealers appear to be living at the poverty line …. every Hyundai/Kia dealer I’ve been to seems a few steps below the higher level expectations of elite dealers. Dealers are so clueless as it is so you kind of get what you pay for. I...

“Aging tech” ? Other than mythical SS batteries that are unlikely to reach scale by 2025 and autonomy upgrades it seems like Rivian’s spec is about right for the near term and priced WELL below the competition. There’s not much going on competition wise in features … for at LEAST the next two...

If it takes. 2-3 years you should be worrying about Rivian’s solvency because they will be failing expectations badly and burning through cash. They realistically only have about a year to prove their ability to scale as competition is fierce (aka Lightning/CT) and they will need to spend their...

My Bronco Badlands is due to arrive sometime in Feb. Anyone who’s been through Ford’s hybrid reservation/dealer process is in for a shock. Like haha, you placed a “reservation” but it means nothing because you’re buying it from a “dealer.” Oops we didn’t bother to explain that dealers can sell...

You may want to learn more about the burn rate for a company like Rivian. “Billions” or in their case I believe it’s about $7-10 B isn’t enough for more than a year or two of extremely high capex burn. That means same time next year they will need another raise. As it is their gross margins...

Thing is Rivian doesn’t need you to hang on to the stock. They get their cash at the IPO and when you sell they are not buying your shares back so they really don’t care. If you sold for an immediate profit on day 1 (or week 1-2) and then bought more shares at the current lower prices then...

I thought they already made a video where they were on vacation and basically said that towing was impractical and they gave up. It was a clickbait video because they basically said towing with the Rivian was so inefficient they abandoned the effort shortly after starting. There was no “content”.

Someone should do a survey of forum members on what price they sold at (if they sold) to get some data. I made $34/share within minutes of day 1 and now buying back into the stock with a larger position my basis is still pretty close to half the IPO price. If RIVN actually moves lower to half...

150 miles towing a travel trailer in the Rivian is probably highly optimistic. Given that DCFC stations tend to be 100 miles apart you're almost certainly going to be charging every 75-100 miles vs. pushing the limits of range anxiety at 150. Even with the Taycan we often have to charge within...

What you're referring to is a concept airstream. That is nowhere near production. The fundamental problem is aerodynamics and weight. It's not magical. Batteries are heavy and trailers and trucks are highly inefficient moving through air.

To be frank you're chasing unicorns and wasting a lot of time. I've put 30k miles on our Winnebago Era 170A with up to 4 dogs, 2 kids and a wife (4 ppl + 3 large dogs) and not wasting time charging is a substantial reason why the conceptual model you speak of is nowhere near possible in the...

I think it's more likely to taint their brand more than anything. Everyone knows San Fran and NYC people don't drive enough to buy $80k vehicles.

I am a part-time resident of Moab and I can certify that this is at the very least an illogical marketing move. Moab has plenty of free charging. The UC chargers are completely useless other than for UC guests and who tf takes a Rivian to Moab and stays at UC? I think most people would rather...