Take the plunge and say goodbye to the Subaru. Our family of five has had EVs since 2018, and only EVs since 2022. The ability to charge at home (overnight for us) is key for daily use. For road trips, the access to Tesla's network should eliminate any range anxiety, and in my experience third...
We couldn't imagine buying another ICE vehicle after getting a Tesla in 2018. Put our deposit down for a R1S in 2019 because we wanted a 3-row BEV and we didn't like the overpriced egg known as the Model X. And we loved the Rivian design. Waited (not so) patiently for 3.5 years until...
Thanks for sharing your experience! We still have our R1S, but last year we added a 2026 Hyundai IONIQ 5 to the family "fleet." It's become my daily driver and I love it. The ride and driving experience are great, as is the build quality. The second row is incredibly roomy. The software...
Perhaps that's part of the reason the base R2 isn't coming until "late 2027." I suspect it will use LFP batteries to keep costs down, and wasn't the LG US plant supposed to focus on LFP?
Love our R1S, and love our 2018 Model 3 LR RWD almost as much. Would love to trade in the Model 3 for R2 but I want to see how many miles we can get out of it first (84,000 and counting).
Rivian needs higher production volume (and better gross margin) before it can afford to sell the base R2 at a more competitive price. They're betting they can get there with good demand for the higher R2 trims over the next 18-24 months. I hope they're laser focused on (i) converting owners of...
Thanks, I didn't realize he'd said that LE would be Performance only. I just think it would be a mistake from a customer relations perspective to put the starting price above 55k.
Agreed. The Premium AWD Model Y is currently $48,990. I think R2 Launch Edition will start around $52,990, maybe with a performance upgrade around $57,990.
Reading the tea leaves, here's my stab at starting prices and timeline:
Base (RWD, standard pack): $44,990 (deliveries begin late 2026 or 1H 2027)
Launch Edition (dual motor, large pack): $52,990 (deliveries begin April/May 2026)
Tri: $59,990 (deliveries begin late 2026 or 1H 2027)
Wouldn't...
My two cents: I don't think Rivian should delay R2 production and I don't think they will. Their no. 1 priority is growth and they need to show progress on that front this year. Delaying risks another year of "flat" sales, which they cannot afford. R2 production this year will be low volume...
No doubt the phasing out of regulatory credits has made achieving gross profit more difficult going forward. R2 needs to do well to attract the additional investment likely needed to complete the GA plant and actually produce R3. If they hit those marks, they could reach positive net income by...
They had positive gross profit (revenues > expenses directly tied to vehicle production) in Q4 2024 and Q1 2025. Hopefully they'll hit it again in Q3 2025. https://rivian.com/newsroom/article/rivian-releases-first-quarter-2025-financial-results
Cash flow is a separate question. I believe...
In today's press release about Q2 deliveries, Rivian said "2026 vehicles expected to launch later this month." Once they're "launched," you'll be able to configure a 2026 model online.
https://rivian.com/newsroom/article/rivian-releases-q2-2025-production-and-delivery-figures
Thanks for posting, I've been searching for info on this but haven't found an answer. Want to know if the new 20" Goodyear all season tires available on Gen 2 are compatible with my Gen 1 20" wheels. If they are, I'd definitely consider them over the AT Pirellis, which are $$$$$$$.
I'm not sure how much scale is needed to reach full profitability and positive cash flow, but in this year's Q1 release Rivian announced that the Normal expansion will bring them to total production capacity of 215,000 units across all models (including a max of 155,000 for R2).
I'm holding my RIVN shares. The stock price is now back to where it was last Friday. Rivian might actually see a short term bump in R1 sales as people decide to pull the trigger on a purchase while the tax credits still exist. I don't think this election can change the long-term trajectory of...