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Got it, so you don't understand trends vs point in time. I suggest you look at the statements from Rivian executives from the past two years regarding cost cutting and see how that matches up with the improving Gross Margins for the Automotive unit ex regulatory credit over time. Then come back...

Improving unit economics for the Auto unit even with deliveries declining YoY and QoQ! Thats a great sign they are moving in the right direction. Give's me faith that they will be able to produce R2 at a profit. Record low loss per vehicle delivered of $5,650 and (7%) auto margins. I was not...

I'd assume they are modeling higher than 15% take rate over time as the software improves. RJ is pretty adamant that's where the industry is going. Obviously they have a lot of work cut out for them to make that happen.