While nothing is certain, I think Rivian may have more an obligation to the pre-orders than you might believe. They would not engage in this dance otherwise… by capitulating in March, sending out the $100 “binding” contracts.. I think the matter more complicated.. which makes their strategy...
My guess is simply that they want to push MaxPack pre-orders to Large Battery or Dual Motor to minimize their losses.. they lost the most margin on Max pre-orders, have enough demand for Large, it’s easy to simply squeeze them (us) a bit.. it’s the Dual-Batt-MaxPack coming before the promised...