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I would expect gross profit per vehicle would be better than -20k for Q3.

Yes this is the registration data of RIVIAN US from MarkLines. So far it looked better than Q2. 4 5 6 7 8 9 10 11 12 2024 3939 3620 4826 3994 5007 2023 4186 4214 4242 4346 4600

Tesla is low cost for two reasons: 1. they buy a lot of parts from china, including CATL cells, interiors, chassis parts, thermal management, etc. china is the king of low cost products for nearly everything. 2. scale With Rivian R2 1. Rumor is that they will buy R1/R2 standard range cells from...

Seems production has caught up demand for the short term. Rivian needs to open more stores and service centers for more demand. I assume they need more than 300 stores/service centers in NA to cover most of the population. Still a long way to go.

Hopefully this week RJ will anounce an early Jan event for R2 reveal and factory groundbreaking.

basically he is calling RJ stupid... Now RIVIAN is out of exclusivity with Amazon, Jim may not see that coming. EV Van is a good market, not much competition yet. Let's see if Rivian can sell 40k of them every year.

thanks for sharing. Rivian is kind of reservative for their public targets so it's likely the factory will be set up in 2025.

Yes situation is getting better but this still feels not good. Do you know when it should stop? Per RJ interviews R2 should be better, let's hope so.

Yes read it already. Just curious how did it happen, very rare for other automakers for that kind amount.

Would anyone shed some light on the background of those massive inventory write downs and firm purchase losses? I'm kind of new to Rivian stock though I know their products for some time now. 1. 500 million inventory write down per quarter means about 5000 R1S worth of materials being writen...

getting paid while going to college for free? it can not be any better than that. US is really short of labor, damn.