Rivian Q4: I Think There Is A Silver Lining

[R1 EVY]

Rivian Q4: I Think There Is A Silver Lining

Rivian Q4: I Think There Is A Silver Lining
Feb. 26, 2024 12:32 AM ET Rivian Automotive, Inc. (RIVN)
Noah's Arc Capital Management

Summary

• Rivian's latest earnings call outlines strategic maneuvers for future growth and profitability despite near-term underperformance and lower production guidance for 2024.
• The launch of the R2 model and a renewed focus on cost discipline create a strong foundation for Rivian's long-term success in the EV industry.
• Despite lower guidance, Rivian remains a compelling investment opportunity with disciplined foresight and a clear path toward gross profitability.

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[Count Orlok]

second place, a set of steak knives.

 

[EVTrukHog]

With all the Rivian financial news in the last 10 days, I don't see the launch of the Camp Kitchen as the white knight savior this fiscal year... was hoping to see it in 2024!

 

[Redline]

second place, a set of steak knives.

 

[rmalzo]

Rivian Q4: I Think There Is A Silver Lining

Rivian Q4: I Think There Is A Silver Lining
Feb. 26, 2024 12:32 AM ET Rivian Automotive, Inc. (RIVN)
Noah's Arc Capital Management

Summary

• Rivian's latest earnings call outlines strategic maneuvers for future growth and profitability despite near-term underperformance and lower production guidance for 2024.
• The launch of the R2 model and a renewed focus on cost discipline create a strong foundation for Rivian's long-term success in the EV industry.
• Despite lower guidance, Rivian remains a compelling investment opportunity with disciplined foresight and a clear path toward gross profitability.

Without enough cash R2 will never happen. They will need more cash or an acquisition is coming

 

[Trandall]

Not for nothing but had Rivian previously announced 2024 production guidance? Seems hard to lower guidance that has not been set.

 

[KootenayEV]

second place, a set of steak knives.

Another R2AK fan I presume?

 

[SANZC02]

It is kind of funny, I was reading that Tesla is doomed, the Model 3 will never make it to market about Tesla back in 2017 about a year after I purchased my Model S.

Now a year into owning my R1S I’m hearing the same things about Rivian, was not concerned then, not concerned now… ??

 

[VSG]

Not for nothing but had Rivian previously announced 2024 production guidance? Seems hard to lower guidance that has not been set.

That's correct, Rivian did NOT lower their guidance, because this is the first time they have given guidance for 2024.

And they have been trying to temper analysts' expectations for 2024 over the past two quarters, citing Amazon holding off on some vans and the upcoming shutdown(s). But apparently to no avail.

 

[iansriv]

second place, a set of steak knives.

You don't appreciate those steak knives until you need them.

 

[crashmtb]

Without enough cash R2 will never happen. They will need more cash or an acquisition is coming

Did the Saudis turn off the money taps? Rivian hasnt even touched EMEA market yet

 

[R1 EVY]

It is kind of funny, I was reading that Tesla is doomed, the Model 3 will never make it to market about Tesla back in 2017 about a year after I purchased my Model S.

Now a year into owning my R1S I’m hearing the same things about Rivian, was not concerned then, not concerned now… ??

Exactly. Doomsayers will always sell.

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