Rivian R2 Platform Photo From Q4 Shareholder Letter

[MountainBikeDude]

Not sure if this has been posted yet or not, but part of the Q4 shareholder letter, was an image of the R2 platform showing some of it's underpinnings like front Coil-over suspension, seemingly dual motor setup, as well as battery "penthouse" moved rearward on the platform.

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[obfuscurity]

How does one sign up for the shareholder letter? I've been holding onto RIVN for a year and haven't received any.

 

[macb00kemdanno]

Was posted over a week ago I believe.

 

[MountainBikeDude]

How does one sign up for the shareholder letter? I've been holding onto RIVN for a year and haven't received any.

Just go to the Rivian website and click on the Investors link at the very bottom of the page. They have all their webcasts, and shareholder letters available for download

https://rivian.com/investors

 

[MidnightRivian]

How does one sign up for the shareholder letter? I've been holding onto RIVN for a year and haven't received any.

First: Does this picture reflect your $RIVN investment experience?

If so, please purchase another 100 shares at current price and send your request to the below email address to be added to the distribution list along with your stock purchase receipt for proof.

Thanks for your continued support.

Investor Relations
[email protected]

 

[obfuscurity]

First: Does this picture reflect your $RIVN investment experience?

Not quite that bad, but pretty bad. Bought in around $25.

 

[ozziegt]

Not quite that bad, but pretty bad. Bought in around $25.

Nice I also bought in at 25. Also at 75.

 

[Webleyaz]

Thanks, guys! I feel way less terrible about getting in @ 19.5.

 

[beyondgravity]

I don’t even want to know how much I paid for $RIVN and you all can feel smarter than me. All I know is that it is for a good reason; building a safe planet for the future generations.

I am capable of immense self deception; rather than facing reality ?

 

[Tango45]

In my case, it would be accurate for Morty to have an alarm go off where he says, "hey, we've doubled our money, should we leave now?" and Rick to be like, "let's hold on, we can make more!"

 

[evguy]

I have zero experience making vehicles, but I'm assuming that R2 requires its own dedicated production line because it's a new platform, and therefore can't "share" a line with R1 or RCV in Normal? Thoughts anyone?

 

[macb00kemdanno]

I have zero experience making vehicles, but I'm assuming that R2 requires its own dedicated production line because it's a new platform, and therefore can't "share" a line with R1 or RCV in Normal? Thoughts anyone?

I think what people mean is sharing floor space, i.e., under the same roof -- not necessarily sharing the same line. Tesla builds the Model 3, Y, X and S in Freemont.

I may be wrong, but I would think that Model 3/Y are on one line, and the Model S/X would be on another.

 

[Hillbilly]

I haven't bought rivian stock. Do I win?

 

[UnsungZero_OldTimeAdMan]

This isn't the full platform. And it's a CG rendering. It's only the pack, plus front and rear drive assemblies. It doesn't show the structural chassis that ties all three main components together.

I got in initially after IPO cooled a bit to the low 90s. Sold all those at loss to offset cap gains on sale of TSLA shares to pay for my T. Rebought shares at around $13. Wish I could get more shares but not in the cards right now. 2024 is another bloody year with regards to job security. Employers are not done trimming.

 

[R1Thor]

I have zero experience making vehicles, but I'm assuming that R2 requires its own dedicated production line because it's a new platform, and therefore can't "share" a line with R1 or RCV in Normal? Thoughts anyone?

Full transparency: I don't and never had made vehicles, but I've worked in manufacturing and made vehicle components.

That said, from what I know from extensive experience in manufacturing in general, and tidbits from being a nerd and enthusiast for automotive things and adjacent technologies:

It would be a gargantuan task to retool a given line to accommodate more than one product, unless they were verily similar. The benefit of building an R1T and R1S in the same facility is that they're verily similar.

Based on what's being teased so far, the R2 is even going away from the 'skateboard' design for a more traditional body on frame. That alone would require a gigantic divergence.

Notwithstanding if we're changing electronics architecture, reducing computers/systems, etc...

Yeah, bottom line is that: I cannot see a scenario where it'd be responsible for Rivian to switch gears. It wouldn't only affect (read: cost way more than anticipated) production of R2, but would inhibit their abilities to continue building the R1 platform the same.

I'd imagine, if anything, there's a small cell for development, but it's likely not mature enough to produce in volume. And volume is where Rivian is going to start making profits on their vehicle. So, it wouldn't benefit them at all to try to eke any out of their current facility unless that was already in the plans and we're just blissfully unaware of it.

Just my thoughts however. I could verily be wrong, but I suspect that everyone asking Rivian to 'figure out' how to manufacture R2 vehicles in Normal have zero appreciation for what it takes to manufacture even the simplest things.

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