echerod
Well-Known Member
- First Name
- Rodolfo
- Joined
- Mar 23, 2021
- Threads
- 40
- Messages
- 178
- Reaction score
- 347
- Location
- Costa Rica
- Vehicles
- Rivian R1S, Tesla Model 3, BMW i3
- Occupation
- Finance
- Thread starter
- #1
*Information taken from S1, Prospectus and 2021 Q3-Q4 Shareholder Letters
Somewhat surprising that preorder rate has fallen by more than half YTD vs Q4 2021, although I guess the IPO hype helped a lot last year and Ford's and Chevy's trucks are now part of the competitive landscape, which surely made a dent.
In terms of production output, it seems reasonable that they could triple the most current rate for the remainder of the year to hit their new estimated volume for 2022, given that they're still ramping up.
Edited: corrected production data, which is for all vehicles, including R1 and EDV
Sponsored
Last edited: