Recent content by dhagn

I’m struggling to understand that statement. If R1 was almost contribution margin positive exiting Q4, why did gross loss widen compared to Q3, given that EDV only contributed 8% of Q4 revenue? Everything else was R1 sales and gross loss should have reduced if it was close to being contribution...

Understood but it feels they might have overestimated North American Premium EV segment growth rate. How would Normal 150k capacity be utilised if they are already the best selling vehicle at 70k+ and facing demand issues? It’s clear now that the 85k R1 volume is not achievable for next few...

Claire stated 13500 factory gated units in Q1 with 10% to 15% sequential decline in deliveries compared to Q4. This sounds bad since Amazon EDV contributed to only about 8% revenue in Q4 and there is a batch of EDV inventory that is shifted to Q1. The 10% to 15% decline in deliveries is despite...

Considering that R1 is the best selling in 70k+ price range, not sure how much more room there is to grow further unless the overall EV market expands at a faster rate with interest rates trending down. A lot depends on incremental EDV sales from non-Amazon customers in F25. The two year gap for...

My faith as an investor has been shaken by the evasiveness of RJ’s responses. You are spot on about the oblique comments to the most important questions on the earnings call. It casts doubt on whether RJ is trustworthy and anything the management states can be relied on. While this may sound...