NYT Rivian Article By Peter Eavis is Out : "Rivian Loses Its Shine as Investors Fret About Production Delays"

[Longhorngirl]

The NYT writer that was asking for information from forum members has written his article about Rivian. He mentions two pre-order holders he talked to, but I don’t know if they are members here.

https://www.nytimes.com/2022/02/09/business/rivian-stock-electric-cars.html

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[Craigins]

pretty much sums up the feeling of the forums. not a bad summary, but nothing new.

 

[NY_Rob]

Well, there's the problem right there.. where's the beef? .. er.. trucks? Rivian is supposed to make trucks right? Not a single truck in the photo

 

[Coast2Coast]

That's not a photo of the Rivian production line at Normal. At best, it's a photo of Mitsubishi Motor's abandoned line at Normal. At worst, it's who knows what? Where's the credit for the photo?

 

[Diddy123]

Can someone please post the full-text?

 

[LoneStar]

no point in posting links to pay-to-view news sites

 

[Sdvictor]

Hopefully this will shock Rivian out of its communications blackout and actually start communicating to customers. In the meantime, maybe it's time for me to buy a holdover car?

 

[Craigins]

no point in posting links to pay-to-view news sites

Hmm it let me read for free after signing up for a free account. Payment in the form of tracking and advertising I guess.

If you're an active forum member, there's nothing new there. Really just a piece to summarize everything we talk about here.
Pretty much 2 paragraphs for each contraversial topic, gender discrimination lawsuit, coo retirement, Rivian's lack of communication.

Pepper in a few quotes, from what I assume are 2 forum members, about waiting and waiting and waiting for delivery and you're all caught up.

Edit: it is also well written and comes from a seemingly neutral stance on Rivian. A much better article than say Bloomberg produces.

 

[Tim-in-CA]

no point in posting links to pay-to-view news sites

Non-paywall link ... found on Reddit

https://archive.ph/PrOdn

 

[rraj2k81]

This pretty much sums up this whole forum,

“The company seems to be completely focused on broad-based marketing and branding and pays little attention to the people who have actually committed to buy one of their vehicles,” Mr. Paduda said in an email.

Hopefully, this article will light a fire under Rivian to actually be more transparent.

 

[virgnia_rivian]

That's not a photo of the Rivian production line at Normal. At best, it's a photo of Mitsubishi Motor's abandoned line at Normal. At worst, it's who knows what? Where's the credit for the photo?

I agree this photo looks deceiving as the cover for this article. While I don't disagree with some of the content of the article, I think this photo is questionable.

 

[Scoiatael]

Funny the day they post this RIVN goes up 5%. As an investor and hopefully future owner, the fact employee deliveries are still happening and not many real customer deliveries are happening is still concerning. I'm really hoping they don't delay the current Jan/Feb deliveries, because that will kill any stock momentum going into March earnings.

 

[harkco]

This pretty much sums up this whole forum,

“The company seems to be completely focused on broad-based marketing and branding and pays little attention to the people who have actually committed to buy one of their vehicles,” Mr. Paduda said in an email.

Hopefully, this article will light a fire under Rivian to actually be more transparent.

I wholeheartedly agree with that statement. Their communication to preorder holders is comically sad. You would think they would put forth a little more effort (hell even some) to customers that have been with them since 2018 and even invested in their IPO. I'm sure their vehicles will be great, but their chance to make a first impression with me is over and it's left me with nothing but a bad taste in my mouth. We all thought communication would improve after the IPO, but in my opinion it has only gotten worse. Anyhow, happy hump day to you all.

 

[JeremyMKE]

Nothing new but a high profile article shining even more light on what some of the best contributors here have been saying.

The article is journalism as it should be. Neutral and a reporting of facts and multiple expert opinions.

Still bullish but confidence is not as high....

 

[SeaGeo]

Every time I see the title of this thread, my subconscious reads:
"NYT Rivian Article By Peter Eavis is Out : "Rivian Loses Its Shit..."

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