SeaGeo
Well-Known Member
Pretty sure a lot of that has to do with location. Ordering a common R1T in Seattle now may get an insignificantly small number of people a truck as early as late 2023. Someone ordering in say... Missoula will probably say "processng" through 2023. Also notice they aren't saying to expect it in 2023, and that they have said they would stop reporting either the reservation backlog or buildtime during the last quarterly meeting, seemingly because they don't want to discourage people from reserving.I think Rivian's outstanding preorder/reservation count may be a bit specious. I suspect internally they are seeing concerning numbers around conversions to actual orders, particularly for post-price-increase reservations in light of the macroeconomic environment and changes to the tax credit. Consider new orders placed today are estimated to deliver as early as "late 2023." If true that's really not much of a wait for a product that has over 100k reservations. I don't think they're ramping the line quite that fast.
Want an R1 soon? Live near a SC. It's not that hard to figure out at this point.
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