Current daily production rate

[LoneStar]

Its a worn-out excuse in everyone's mind (including me) but undoubtedly the Covid-O rampaging must be impacting the Rivian production line. Today where I work in San Diego, I noticed that the parking lot was lightly filled. More so than you'd attribute to post year-end holiday hangovers especially given its Jan. 10th already.

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[rivianfan1]

Its a worn-out excuse in everyone's mind (including me) but undoubtedly the Covid-O rampaging must be impacting the Rivian production line. Today where I work in San Diego, I noticed that the parking lot was lightly filled. More so than you'd attribute to post year-end holiday hangovers especially given its Jan. 10th already.

Fellow San Diegan Hi! I wouldn't know have been working from home since 2020 March

 

[kanundrum]

Updated

 

[tk21]

Updated

Don’t worry, the last 16 were missing doors and windows but they produced them! ?

Kidding of course

 

[Ladiver]

Till Dec 15 they had produced 650, they closed 2021 with 1015. So (1015 - 650)/14 (accounting for holidays) = 26 per day.

if all they do is maintain this rate in 2022 they will produce 9204 vehicles in 2022

I expect them to at least double it & if they manage to deliver almost all of them they might close out 2022 with a billion in revenue (priced at 70K per unit approx), at worst if they maintain the rate half a billion in revenue. Impressive for a startup in its second year of actual production?

So, I am a pessimist who believes there were several people working on 12/31 until midnight to get as many vehicles "completed" so they could be "a few hundred short" and meet the goal of what they said on December 15. I bet Jan 1 was quiet, as was 2-3. They will not be producing 26 cars per day in the first few weeks of January! I would be surprised if they have a 26 vehicle daily average in the first quarter.

 

[Ladiver]

Don’t worry, the last 16 were missing doors and windows but they produced them! ?

Kidding of course

Maybe they were actually building the removable roof option too! ?

 

[hilld]

Maybe they were actually building the removable roof option too! ?

You have to order this option.

 

[emoore]

So, I am a pessimist who believes there were several people working on 12/31 until midnight to get as many vehicles "completed" so they could be "a few hundred short" and meet the goal of what they said on December 15. I bet Jan 1 was quiet, as was 2-3. They will not be producing 26 cars per day in the first few weeks of January! I would be surprised if they have a 26 vehicle daily average in the first quarter.

They wouldn't be able to push out a significant number of vehicles during a few days if they are only at 10s of vehicles per day. Even working 24/7 they are not going to be able to significantly go from many hundreds short to a few hundred short.

 

[Ladiver]

You have to order this option.

If I already have one, is it compatible with Rivian?

 

[Ladiver]

They wouldn't be able to push out a significant number of vehicles during a few days if they are only at 10s of vehicles per day. Even working 24/7 they are not going to be able to significantly go from many hundreds short to a few hundred short.

I wasn’t thinking very many. They needed to produce more than 1000 to be within their “few hundred” short. They definitely were working overtime.

 

[7cupholders]

Yes, it's always good when others look out for you. I do appreciate @Diddy123 and your reply, Duck. You can't make it in this world alone.



I agree and hope you're right, but I'm still cautious about letting my guard down. I can't afford to be disappointed once again.....I'll end up making a bad decision.

Can’t gaslight with out a gas light!

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