I'm not even sure about towing.
Towing means your range is cut in half at least and you'll probably need to disconnect to charge.
Realistically DCFC with a trailer doesn't work out unless you're on a mission to prove it can be done but for the masses it won't work.
Driving around with a...
Some home chargers will let you see the amount of energy delivered per charge. They will have a history of it too. There's internal losses as it gets rectified etc etc but if you took it down to a certain percentage before in the past, you might be able to replicate that and see what the...
Access to relatively inexpensive credit is going to be key going forward. Like you, equity investors aren't confident either. After earnings the equity couldn't even make a new intraday high compared to the high a few weeks ago. That's not a good sign.
A recession like 2009 would wipe them out...
Shorts have been on the correct side of the trade. Time to call the spade a spade.
Without going into who is going to pick up RIVN, what is more important is the credit markets next year and how Rivian does a cash raise. That's going to be really something. It won't be 2021.
Like Lucid they'll need to raise cash soon enough. Everyone can love the truck but they have a cash burn rate to deal with. The real shit show starts first quarter 2024 via tighter credit.
Because it goes back to "look at me, I'm bigger than you, therefore I'm better."
Everything about pickups these days is made to make them look bigger and boxier. It's annoying. They need to design a pickup for guys like me that don't give a crap what others think and have nothing to prove...
Cash buyers are not the market so who cares. The only market that matters to slow the economy (that's was the discussion after all) is the credit market. Cash buyers drop like a rock once their jobs are in jeopardy or their in fear of losing their job or their other investments dry up.
You started your statement by saying "not true at all" when in fact it is 100% true. This is how the fed regulates the speed of the economy via the cost of credit. The economy works by credit. The credit market is much bigger than the cash market.
Um, yeah that is the exact how it works. The Federal Reserve rises interest rates to decrease demand as consumer, government and corporate credit gets more expensive. Spending priorities shift. Layoffs increase. Banks tighten. Job market loosens up. Prices drop.
This isn't news.
TSLA and RIVN equity have both predicted slowness in demand going back to November 2021. Geez, what happened during that time? Geez, didn't the Federal Reserve state they were going to slow things down, even to a crawl or contract (that's what they mean by "some pain" if you...
The main problem is the charging infrastructure isn't up to par and towing adds to the woes. There's not enough chargers, there's reliably issues, speed issues, etc. When that gets sorted out and fixed is anyone's guess. You can only do so much planning and prep work and hauling around a gas...
Are you in a fault state? Do you have full coverage? I would consider having your own insurance deal with everything, have them go after his insurance via subrogation.
That's very similar to the small overlap frontal crash IIHS does, which is a basically a torture test. Rivian scored Good on that (top). That's got to be totaled, just grateful you're both okay and walked away.
That's the purpose of rate hikes, to make credit harder to get and more expensive. Then things slow down. Cash buyers will drop off quickly if the economy contracts.