Rivian Q2 2025 Earnings Results

[waitingonanr1s]

I suppose some pre-price hike might have been stretched even at that price.

I was here in 2021 and I do recall some of that discussion. Point remains, its more about Rivian surviving, and how this current environment is NOT "free market."

I miss the early years of this forum.... (and I'm just talking 2023 - I was late to the party here)

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[Dan Mac]

Nobody here was swayed by a subsidy for a $100k car. You're not understanding the bigger picture...just like Mike.

100% wrong. Credits and rebates will sway the decision. Just because a 100k car is within budget, does not mean we are spendthrifts!!

 

[Dan Mac]

Admirable. Where did you send the check to reimburse the government for the help Rivian has received? Assume you also turned down any point of purchase credits?

Sensitive.

 

[Oldsmobile_Mike]

“Free market” is as disingenuous as “citizens united” and “right to work”. Their originators and proponents count on the masses never reading past the short, reasonable sounding names and realizing the actual intent aims to accomplish the opposite—i.e. con jobs.

In the neighborhood where I grew up, right at the end of our main road to get onto the local interstate, is the "National Right to Work" building. Filled with a bunch of union-busting thugs and jacka**es. I've passed that building nearly every day for more than 40 years. And nearly every day I wish for a plane to hit that building, or to see it burned to the ground.

Yeah, I'm angry, LOL.

 

[mkhuffman]

I feel like I am in the minority on this forum, at least when it comes to the topic of subsidies.

I am in full agreement with the majority of you who love the Rivian brand and the products they have produced. My truck is amazing, and worth every penny.

You guys are not going to convince me that past bad behavior of the government is a good reason to support more bad behavior. Government should not subsidize our industries. Government should not pick winners and losers. Government should get out of the way and let our entrepreneurs create and build great things.

There should be no income tax. Zero. Then nobody will be complaining about government subsidizing one industry over another because of the tax breaks they get. They get none. And we should replace it with the Fair Tax, and tariffs. (I never thought tariffs were a good idea before, but my mind has been changed over the past year.)

I know I am not going to convince you guys to believe in our ability to compete internationally if you already don't think we can. I am 100% certain we can, as long as we use trade policy to level the playing field with those who are not playing fair. That is what is in the process of happening now, and it is a good thing. It will help Rivian and any other company who is producing products in the US.

Anyway, we can go back and forth about his for another two weeks and nobody will be any closer to agreeing. I am going to let everyone else have the last word.

Have a great night and the rest of your week!

 

[voxel]

Rivian has a demand issue with the R1s… I saw two Florida R1s demos sit in the inventory for almost a year unsold. They would disappear and reappear. These were priced in the mid/upper 70s. I’d had put my name on the blue R1S back in early/mid 2024. I saw it reappear a few times and recently again a month ago. Rivian never adjusted the price during the entire 16+ month period.

Tesla would discount their vehicles $1K every two weeks until they were sold but Rivian refuses to and their vehicles sit unsold for an entire year. Rivian might sell 100K R2s annually but that won’t keep the company afloat. Given the QC mess with the current 1s I don’t have much faith they will execute correctly for the R2s.

 

[Hereforthesnacks]

I feel like I am in the minority on this forum, at least when it comes to the topic of subsidies.

I am in full agreement with the majority of you who love the Rivian brand and the products they have produced. My truck is amazing, and worth every penny.

You guys are not going to convince me that past bad behavior of the government is a good reason to support more bad behavior. Government should not subsidize our industries. Government should not pick winners and losers. Government should get out of the way and let our entrepreneurs create and build great things.

There should be no income tax. Zero. Then nobody will be complaining about government subsidizing one industry over another because of the tax breaks they get. They get none. And we should replace it with the Fair Tax, and tariffs. (I never thought tariffs were a good idea before, but my mind has been changed over the past year.)

I know I am not going to convince you guys to believe in our ability to compete internationally if you already don't think we can. I am 100% certain we can, as long as we use trade policy to level the playing field with those who are not playing fair. That is what is in the process of happening now, and it is a good thing. It will help Rivian and any other company who is producing products in the US.

Anyway, we can go back and forth about his for another two weeks and nobody will be any closer to agreeing. I am going to let everyone else have the last word.

Have a great night and the rest of your week!

Sorry but I disagree. For example, without govt subsidizing antibiotic development, we wouldn’t get new and badly needed antibiotics. There is no money in that. So, govt subsidizes that research. Picking that as a winner is, to me, necessary.

 

[SRO]

This is false. A true statement would be "the current government doesn't want to take hard working taxpayer money to subsidize car companies like previous ones subsidized Tesla."

The free market should decide. I decided and I didn't need a subsidy to help me decide. I wanted the most awesome truck available in the market so that's what I bought. I don't need someone who has less resources than I do to subsidize my $100k truck. And the current government agrees with me.

No they want to take hard working money and give it to millionaires. The current government doesn’t know S from S.

 

[Gen(R3)Xer]

We need R2 sales yesterday.

It’s R2 or bust.

 

[Gen(R3)Xer]

No they want to take hard working money and give it to millionaires. The current government doesn’t know S from S.

Permanently extending the tax cuts that ultimately benefit the wealthy, while making sure that the additional benefits to the middle and working class expire in 3 years says volumes.

 

[Gen(R3)Xer]

This is false. A true statement would be "the current government doesn't want to take hard working taxpayer money to subsidize car companies like previous ones subsidized Tesla."

The free market should decide. I decided and I didn't need a subsidy to help me decide. I wanted the most awesome truck available in the market so that's what I bought. I don't need someone who has less resources than I do to subsidize my $100k truck. And the current government agrees with me.

We also subsidize the fossil fuel industry to the tune of billions of dollars annually, which is an indirect way of subsidizing gas-powered vehicles, while costing us billions more in healthcare for conditions like lung cancer, asthma, and lowering children's IQs from school bus diesel fumes, not to mention billions more for the damage done by climate change (rebuilding, insurance rates going up, people being displaced, animal and plant species dying out, etc.)

The EV subsidies are/were a pittance compared to this. The advancements in the Chinese EV industry, battery chemistries, etc. wouldn’t exist without subsidies. They’re phased out after the market matures enough. This is done for other industries as well (pharmaceuticals, agriculture, etc.)

Politicians will subside whatever lines their pockets the fastest, regardless of whether it’s good for the general public or not.

 

[PVguy]

There has never been and never will be a “free market”. It’s never existed anywhere on the planet at any point in civilized history. For decades the government subsidized railroads, oil, coal, natural gas, farming, and only recently EV production. Point being, we succeed as a country when we help our critical industries compete against the rest of the world.

I’m sure you are aware, but Ayn Rand was a fiction writer…..

Could not agree with you more….except please allow me to add that fossil fuel companies have been receiving subsidies for a hundred years or more. I was self- employed in the renewable energy industry and really got tired of hearing the old “well the RE industry gets all of the subsidies “. With the second round of the current regieme we are losing ground that we will probably never recover from. A good argument can probably be made that “climate change is a done deal so why make a big deal out of trying to do something about it.” I am an old guy without kids, but for some strange reason I care.

 

[kvenom]

“Zero income tax, tariff everything” LOL. Good luck growing anything when you get 90% of your potash supply from us then.

 

[Yossarian]

This is far from a unique observation on my part, but the sum total of the present Administration's actions with respect to the complete alternative energy sector is to hand China an easy win in the global market.

With regard to EVs, it is stating the obvious to say that China has made a decision that the transportation of the future is the EV, and that they intend for Chinese companies to dominate the market. To that end, the Chinese government has "invested" billions of dollars not just in EV technology development, but also EV (and alternative energy) manufacturing technology. It comes as no surprise then, that Chinese EVs are superior from a technology standpoint than are western (or non-Chinese Asian) EVs. With respect to manufacturing, Chinese companies already produce (and sell) over 12 million units, reprsenting something like 70% of the world's EVs. Far worse however, is China's excess manufacturing capacity in EVs, estimated to be between 5 and 10 million vehicles. Keep in mind that this development and production lead also extends to the most important component of EVs, the battery. The estimates are that China may already have the capacity to produce more than double the projected global demand for EV batteries and perhaps up to four times that demand.

You can draw your own conclusions about what all of this means for the future of EV production in the US, or indeed the rest of the non-Chinese world.

It may well be that tax incentives and government subsidies will not help US companies compete in the global EV and alternative energy market, and that the Chinese would dominate regardless. The open hostility that the present Administration has shown toward alternative energy, as demonstrated by not just the OBBBA, but also numerous EOs, combined with its full-throated support of fossil fuels, all but guarantees that outcome however.

 

[COdogman]

Could not agree with you more….except please allow me to add that fossil fuel companies have been receiving subsidies for a hundred years or more. I was self- employed in the renewable energy industry and really got tired of hearing the old “well the RE industry gets all of the subsidies “. With the second round of the current regieme we are losing ground that we will probably never recover from. A good argument can probably be made that “climate change is a done deal so why make a big deal out of trying to do something about it.” I am an old guy without kids, but for some strange reason I care.

Same here. I will never understand the defeatist, apocalyptic death cult mentality of so many of these people. They do not care one bit as long as they can make money from (__insert catastrophe here__), even if it accelerates the deaths of millions and makes the world virtually unlivable. It’s hard to find common ground and any form of compromise when you are working with people that far out there.

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