Chart shows that Tesla is the EV Company that has earned more than it has spent and it took a lot of time. Rivian really doesn’t look good.
The chart depicts the aggregate free cash flow for each native EV manufacturer. Meaning that if they burned $500m in their first year and $750M in their...
I keep bringing it up b/c of the replies the original point had gotten. My original premise was that Rivian might cease operations beyond 2025, and I wanted to stay on point through that time period to see if my original point was correct.
Did you have any comment on the point or just my necro...
“Rivian is the best performing stock in my portfolio”
- No One
Cancelled my order and got my deposit back. Been a long journey and failed in execution. I feel like I dodged a bullet.
so what likely happens now?
does someone swoop in and buy Rivian as a distressed asset? This is no longer a positive story and one of pending reorganization and management turnover.
Great product concept and market, I just didn’t think it was executed well.
https://www.foxbusiness.com/lifestyle/rivian-to-lay-off-10-percent-of-staff
Rivian is laying off 10% of salaried staff. Seems like a bold move for such an innovative company. I don't think this BT post from last year has any merit at all.
https://www.thecooldown.com/green-business/rivian-pivots-electric-pickup-truck-suv/
What do you guys make of this article?
Win “Truck of the Year” then don’t minimize focus on trucks?
curious what this means for consumers in the market.
Nice FT article - https://www.ft.com/content/ff4002a9-57a3-448c-af49-f665f38340ae
- Rivian's CFO expects the company to earn a gross profit in 2023...enough cash to maintain operations through the end of 2025
- Rivian has become a key player in the economy of Normal, Illinois
- Market...
I used to drive a G500 when they were uncommon.
I worried about anytime I showed any lack of automotive curtsey that the car was so noticeable it was susceptible to retaliation after the fact. Might not even be driving related...you could annoy someone in a 7-11 and they's always know where...
I don't underestimate Amazon's role in this bigger picture. The delta between AMZN's existing investment and what AMZN might decide to bring to the table with AWS services could create new opportunities for Rivian logistic and fleet management software. Few can speak to AMZN's appetite for EV...
Kinda over the whole MaxPack thing. RJ is running a case study in how not to manage market expectations and I feel like Rivian is what happens when software engineers design hardware but that's an uninformed criticism because i don't know what types of engineers Rivian hires.
I do know that I...
I do so love my Rivian emails. Always interesting and open each one with excitement to learn what and how they have modified the original vision of an "adventure vehicle".
This email doesn't really impact me but I am left feeling like they keep scraping the vision just to make the company...
Last 6months have left me feeling baited and switched. When my journey with Rivian started, they had an idea for an adventure vehicle, and I had a want for an adventure vehicle. I expressed early interest like so many others, in the form of a pre-order from a selection of configurations that...
FWIW, i was able to get on the Boston First Mile event. I had to chat/call them and ask for access which they granted. Had I not leaned in...i'd not have gotten an invite.
Furthermore, now I a guide has called me and it seems that i am making process in the system. For years I hadn't gotten...
I am May 2019 pre-order just north of Boston. No word from them on first mile in the Boston metro for June 14. Rivian should do the right thing and at least let us see the vehicle.
May'19 R1T, FG, BM, 21", MaxPack
A good point!
Ongoing subscriptions is a place to incentivize pre-sale reservation holders to stay onboard. I'd consider a discount on subscription fees as a reason to pay the price and stay the course. I hope they know that they will need to do something to keep interest and avoid the churn...