mkg3
Well-Known Member
Per the earnings call:According to earnings report they produced 4400+ vehicles last quarter. In addition , they are still not running any full shifts. To hit 25K for this year, they pretty much will need to almost double production. How can they do that if they don’t have components to build? Ironically, read where Fisker is ahead of SOP. For the Ocean. Maybe Heinrik learned something from first failure and his move to have Magna build them. Wonder what RJ has learned from all of the shit Rivian has and is going thru?
1) production rate average over a quarter is not a good indicator - meaning that their rate increased steadily through the quarter.
2) working closely with suppliers and is better so they are adding 2nd shift towards the end of this quarter.
They need to produce roughly 19k vehicles by the year end from July on. If they don't hit at least 8K vehicles this quarter to have a chance to hit the year end goal, I believe...
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