Any predictions for earnings call on 5/11/22?

R1Sky Business

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Here are my predictions:

  • Roughly 5,000 vehicles produced to date (not clear the split of R1 vs. EDV)
  • 10,000 new preorders since the updated pricing
  • Cash burn was approximately $1B in the quarter. They now have about $17B cash on hand
  • 2/3 of 25000 production will be r1 vehicles and 1/3 will be EDV
  • Over 90K R1 preorders.
  • As of May 9, 2022, produced 5k vehicles.
  • Since pricing update in March, received over 10K preorders
  • Cash at $17B as of March 31.
  • Net cash used in operating activities in Q1 2022 was $1.034B
  • Reaffirm 25K vehicles production in 2022
  • If supply chain constraints were resolved, estimate that they can produce 2x cars for the remainder of year. [my thoughts: so 40-50K for 2022 if no supply chain restrictions?]
  • Planning on launching R2 line in 2025, without additional cash raise needed
  • Looking forward to introducing new LFP battery to be used in dual motor version of R1 and EDV with single motor
  • In-house developed motor is called “Enduro”
Very intuitive u are.

 

Attesan997

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Anyone catch detail about the upgraded cameras and sensors for Driver+. Trying to get a sense if this only matters for 2+ years from now or they're iterating more closely to real time. The not great Telsa AP1, AP2, etc transitions come to mind.
 

SeaGeo

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I like naming the motor Enduro. Very on brand.
 

EVTrucking

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Could have been worse! No upside. Deliveries continue to significantly lag production.

IMO Rivian is doing a remarkable job considering what they are up against.

THE issue is simply parts supply!

No Parts = No R1s
 

 
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