Price Increase for Preorder Holders?

[EnricoPalatso]

The price increase for my package is 17%…..that is insane.

to your point, they held a significant amount of money for a long time.

just a show of hands; how many will cancel their preorder?

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[ptran2k9]

I'll be cancelling my order for the truck and SUV both. disappointing, considering they don't need the cash and would earn a lot more buzz/goodwill keeping prices locked for launch editions...

 

[SCV-Dave]

Looks like I'm out too. At least I'll get $1000 back but it won't make up for everything I've invested (and lost) in $RIVN.

 

[ptran2k9]

Looks like I'm out too. At least I'll get $1000 back but it won't make up for everything I've invested (and lost) in $RIVN.

I'm a buy high sell low guy, given recent history, but the one thing I did right was sell at 170. It's not our fault Rivian didn't build in time for us to lock in preorder prices, amiright? Methinks they've gotten too big in their head.

 

[Ladiver]

The price increase for my package is 17%…..that is insane.

to your point, they held a significant amount of money for a long time.

just a show of hands; how many will cancel their preorder?

Yeah, $77,000 to $89,500 (14% R1T) and $79,000 to $94,500 (16.5% R1S) I think I might be done with Rivian. The value proposition is no longer there for me.

I bet those 2023 delivery dates move up pretty quickly.

 

[Ladiver]

I guess I am VERY happy that I didn't get a call yet. The emotional roller coaster that Rivian runs is amazing. I feel for the people that got called with updated delivery dates and now bitch-slapped with 10%+ price increases.

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