Not looking too good for continued operations beyond 2025

[beaker]

Why do you keep necro'ing this thread?

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[ThumprMN]

“Rivian is the best performing stock in my portfolio”
- No One

Cancelled my order and got my deposit back. Been a long journey and failed in execution. I feel like I dodged a bullet.

Some people just like the attention to be on them.

Glad you listened to your own inner demons and didnt get a Rivian. I’d hate for you to buy one and be so miserable with your purchase. Congrats on dodging your bullets. I sincerely wish you the best on your journey.

 

[djsider2]

Why do you keep necro'ing this thread?

OP just cancelled and got refund back... how many more excuses will OP have to necro this thread some more LOL

 

[Acoustic71]

“Rivian is the best performing stock in my portfolio”
- No One

Cancelled my order and got my deposit back. Been a long journey and failed in execution. I feel like I dodged a bullet.

Yeah, I feel like a dodged a bullet every time I take the Green Lantern of a long, stress-free, adventurous drive to beautiful places.

 

[Kevlar]

OP just cancelled and got refund back... how many more excuses will OP have to necro this thread some more LOL

I keep bringing it up b/c of the replies the original point had gotten. My original premise was that Rivian might cease operations beyond 2025, and I wanted to stay on point through that time period to see if my original point was correct.

Did you have any comment on the point or just my necro of the thread? Are you shareholder? Do you think the company is performing well?

I'd rather have people stick to one topic and finish it than troll 20 topics with no content.

 

[Count Orlok]

Nice FT article - https://www.ft.com/content/ff4002a9-57a3-448c-af49-f665f38340ae

- Rivian's CFO expects the company to earn a gross profit in 2023...enough cash to maintain operations through the end of 2025
- Rivian has become a key player in the economy of Normal, Illinois
- Market capitalization has dropped from $162bn to $12.5bn, yikes!
- Targets to produce 50,000 vehicles in 2023
- plenty of shortfalls in Rivian's ability to meet expectations while the market sees increasing competition

I was thinking about why I don't have my pre-ordered Rivian and it's because so many changes were made that the product is no longer what I wanted when i engaged the pre-order (may 2019). I can't be alone in how I feel.

What's the plan here? Ive been a fan for so long but this is just isn't feeling recession proof (as a product or as an investment). It's hard to say when enough is enough; macro or micro indicators have all been pointing in the direction of parting ways.

Are others just riding this out (to what ever exit becomes available)?

this you?

 

[jebinc]

Why do you keep necro'ing this thread?

nkr?

 

[Count Orlok]

I think forums are equally filled with “Fanbois” and people who come to complain about their issues with the vehicle. The. There are the vast majority of owners who have no problems and better things to do.

One of my doctoral students was in the lab with one foot in a bucket of boiling water and one foot in a bucket of ice water. Another student yelled "OMG Karen how are you doing????" To which Karen replied, "on average I'm doing well."

 

[UnsungZero_OldTimeAdMan]

Ignore the opinions of so called experts. Tesla was in a really bad position in 2015/2016 and almost failed. All the so called experts predicted they were going to go bankrupt.

if Rivian works on improving quality (same issue Tesla had back in 2015/2016) they will succeed and be an EV truck leader. My opinion

have faith in the product

And there is one glaringly obvious difference between Tesla and Rivian: RJ isn’t an unstable maniac. If Tesla survived then, under direction of a maniac… pretty sure Rivian can and do better. Still on-target to turn small profit by Q4. That’s quicker than Tesla’s track.

 

[djsider2]

I keep bringing it up b/c of the replies the original point had gotten. My original premise was that Rivian might cease operations beyond 2025, and I wanted to stay on point through that time period to see if my original point was correct.

Did you have any comment on the point or just my necro of the thread? Are you shareholder? Do you think the company is performing well?

I'd rather have people stick to one topic and finish it than troll 20 topics with no content.

Just check back on Jan 1, 2026 if you just want to see if your original prediction will come to fruition.

My prediction is you will be wrong. There are many ways for a successful product to continue operations. Additional funding/investors, merger, or their plan actually works.

 

[SoCal Rob]

Nice FT article - https://www.ft.com/content/ff4002a9-57a3-448c-af49-f665f38340ae

- Rivian's CFO expects the company to earn a gross profit in 2023...enough cash to maintain operations through the end of 2025
- Rivian has become a key player in the economy of Normal, Illinois
- Market capitalization has dropped from $162bn to $12.5bn, yikes!
- Targets to produce 50,000 vehicles in 2023
- plenty of shortfalls in Rivian's ability to meet expectations while the market sees increasing competition

I was thinking about why I don't have my pre-ordered Rivian and it's because so many changes were made that the product is no longer what I wanted when i engaged the pre-order (may 2019). I can't be alone in how I feel.

What's the plan here? Ive been a fan for so long but this is just isn't feeling recession proof (as a product or as an investment). It's hard to say when enough is enough; macro or micro indicators have all been pointing in the direction of parting ways.

Are others just riding this out (to what ever exit becomes available)?

Given that this article was written a year ago, before the R2, R3, and R3X product launches, and before the announcement that Rivian will be producing the R2 in Normal, it seems like the conditions which spurred this article no longer exist. Since the thread is based on the outdated article, I think that means this thread is objectively irrelevant now.

 

[John Binford]

At 70 years old I place RT! in the Flag mode and open up over 800 horsepower back in the good old days. (Hard to except loosing to a pick up truck without the smell of burned rubber) Reminding me of military air plane doing war area landing forcing me deep into a cargo net. Meeting the boys at the top of clear cut for a elk or dear hunt. Nothing like a Sunday cruse with the rhino rims and set of defender, never looking for high test or race fuel.
Knowing that it cost big time someone hit or damage happen. Must be on the defense all the time! I SURE DO ENJOY THE LAST YEARS OF DRIVING A VEHICLE LIKE THIS! What a treat!

 

[Arlden]

Nice FT article - https://www.ft.com/content/ff4002a9-57a3-448c-af49-f665f38340ae

- Rivian's CFO expects the company to earn a gross profit in 2023...enough cash to maintain operations through the end of 2025
- Rivian has become a key player in the economy of Normal, Illinois
- Market capitalization has dropped from $162bn to $12.5bn, yikes!
- Targets to produce 50,000 vehicles in 2023
- plenty of shortfalls in Rivian's ability to meet expectations while the market sees increasing competition

I was thinking about why I don't have my pre-ordered Rivian and it's because so many changes were made that the product is no longer what I wanted when i engaged the pre-order (may 2019). I can't be alone in how I feel.

What's the plan here? Ive been a fan for so long but this is just isn't feeling recession proof (as a product or as an investment). It's hard to say when enough is enough; macro or micro indicators have all been pointing in the direction of parting ways.

Are others just riding this out (to what ever exit becomes available)?

I totally feel you on the changes with Rivian. It's frustrating when what you signed up for isn't what's being delivered. I've been a fan for a while too, but with the constant shifts and the market woes, it's hard not to question the whole thing. Are you thinking of sticking around, or are you considering other options?

 

[Kidentist]

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