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That is without a doubt some of the BEST photoshopping I have ever seen. Brava!Not sure why y'all are doubting.... there is clearly at least one black R1S there.
Honestly I'm kinda proud of myself for adding the skew effect for extra crappiness lolThat is without a doubt some of the BEST photoshopping I have ever seen. Brava!
I absolutely will. Just signed the PBA earlier today. She didn't have any specifics, but I feel like I might be getting the truck quickly because there's so few yellow ones being ordered. As long as they can figure out how to get it down to me in Kentucky, since we don't have any nearby active service centers.
I don't know that I agree that orders are meaningless because "they can be cancelled." While it's true that preorders with a $1000 deposit (or $0 deposit if you cancelled and were reinstated like me) can be cancelled, the PBA, once signed, cannot. I'm sitting down to read it now. The Order Agreement outlines that it (the PBA) creates a "binding legal contract between you.... and Rivian LLC".
![Rivian R1T R1S Tons of Rivians & Amazon Vans ready to ship... photos [removed at request of Rivian] Screen Shot 2022-04-29 at 10.08.18 PM](data:image/svg+xml;charset=utf-8,%3Csvg xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg' width='1871' height='542' viewBox%3D'0 0 1871 542'%2F%3E)
no they didnt delete it. still there: https://www.instagram.com/stories/highlights/17902938713580608/
I agree with what you are saying on the PBA’s. However, what do you think the percentage of signed PBA’s are of total orders 1-2%?I don't know that I agree that orders are meaningless because "they can be cancelled." While it's true that preorders with a $1000 deposit (or $0 deposit if you cancelled and were reinstated like me) can be cancelled, the PBA, once signed, cannot. I'm sitting down to read it now. The Order Agreement outlines that it (the PBA) creates a "binding legal contract between you.... and Rivian LLC".
A paragraph or two below that, you make an "Agreement to Purchase."
I'd make the argument that a "customer" with a PBA is more valuable as they are now legally bound to purchase the vehicle. Whereas the person who just put a $1000 deposit down yesterday and can cancel at any time isn't necessarily guaranteed to convert into a customer/sale.
Where I'm going with this is - I wonder if they're trying to lock as many preorder holders into these PBAs as possible to make the books look better somehow for the upcoming meeting. Was just a thought. Will be interesting to see how this all plays out.
He's only been on the job what a month, 45 days? I wouldn't think there's much he could do to improve 2022, we're almost halfway through. His decision making will set up 2023 and beyond.
He does not really start until June 1st. This last email about simplifying productions sounds like he may be providing input though. Time will tell.
If they are struggling to deliver what they've produced by end of quarter. I could see the benefit to get signed PBAs from a number of customers as well. They could start reporting on "produced", "delivered" and "pending delivery" (or something like that - aka PBA). It would give them a new metric that shows more solidified orders aka locked income. As someone said. Preorders are good but cancellable. They are also going to have to report on the lost pre-orders after price-gate at the same time. So I could see this being a good way to offset that.
The easiest way to tell is that the rear "hatch" of an R1S (don't know what exactly it's called, but the frame around the rear windshield) would be black. In this case, it's body color. Now had it been a black R1T it would have made for an interesting debate ...
