NYT Rivian Article By Peter Eavis is Out : "Rivian Loses Its Shine as Investors Fret About Production Delays"

[rraj2k81]

I wholeheartedly agree with that statement. Their communication to preorder holders is comically sad. You would think they would put forth a little more effort (hell even some) to customers that have been with them since 2018 and even invested in their IPO. I'm sure their vehicles will be great, but their chance to make a first impression with me is over and it's left me with nothing but a bad taste in my mouth. We all thought communication would improve after the IPO, but in my opinion it has only gotten worse. Anyhow, happy hump day to you all.

I am in the same boat as you, but I have told myself I am not going to stress myself or be disappointed with Rivian.

When I am ready to purchase a vehicle and if Rivian has the R1S ready and meets a 100% of my wants and needs then they get my 100K CAD, if not then another manufacturer will get my money.

It's getting harder to be excited about Rivian anymore!

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[IThinkFreely]

I think the odds have shortnened on R1S production (or even both it and the R1T) being completely stopped a la Bollinger.

Rivian could go full Amazon for a couple of years.

 

[Scoiatael]

I think the odds have shortnened on R1S production (or even both it and the R1T) being completely stopped a la Bollinger.

Rivian could go full Amazon for a couple of years.

There is very little chance that happens. That would destroy their consumer business. No one would trust them at that point. Plus they've already built service centers.

 

[ads75]

I think the odds have shortnened on R1S production (or even both it and the R1T) being completely stopped a la Bollinger.

Rivian could go full Amazon for a couple of years.

I can't see them going Amazon Van only this soon after the IPO, and announcing a Georgia plant. Doesn't mean they can't go belly up though.

 

[Max]

I think aside from part shortage and pandemic, the toughest challenge for Rivian is going to be choosing between quality and quantity. Both inability to ramp up and putting out poorly assembled products can be a hit on the company. The fact that there are not many non employee owners out there yet and there are posts being removed from this forum tells me if there is a choice to be made, Rivian will choose to protect the product image and push the delivery dates back.

 

[AllInev]

The NYT writer that was asking for information from forum members has written his article about Rivian. He mentions two pre-order holders he talked to, but I don’t know if they are members here.

https://www.nytimes.com/2022/02/09/business/rivian-stock-electric-cars.html

It's too bad there's no serious journalism in this article. As others in this forum have said, there's no "news" in this article and very little in-depth reporting. Seems to be mostly just a summary of a simple Google search on "Rivian" with a few quotes of people answering "softball" questions thrown in.

 

[sevengroove]

It's too bad there's no serious journalism in this article. As others in this forum have said, there's no "news" in this article and very little in-depth reporting. Seems to be mostly just a summary of a simple Google search on "Rivian" with a few quotes of people answering "softball" questions thrown in.

Journalism is not always about finding out something new. I agree that there is nothing groundbreaking in here. In fact, I would be surprised if a couple of weeks of a journalist digging around yielded anything remotely close to what we have collectively uncovered on this forum. But there is still a lot of value in elevating this "not new" message to a broader audience who don't read the forums but have heard about or invested in Rivian. It made me feel good to see my grievances represented on a NYT article, and legitimizes those concerns to many many more readers.

 

[AllInev]

Journalism is not always about finding out something new. I agree that there is nothing groundbreaking in here. In fact, I would be surprised if a couple of weeks of a journalist digging around yielded anything remotely close to what we have collectively uncovered on this forum. But there is still a lot of value in elevating this "not new" message to a broader audience who don't read the forums but have heard about or invested in Rivian. It made me feel good to see my grievances represented on a NYT article, and legitimizes those concerns to many many more readers.

I agree with you about "news", but disappointed that NYT can't (or is unwilling) to write something more in-depth and with more nuance. Sure summarize what we know, but don't stop there. It's very likely this article could have been researched and written in a few hours by a second-year Journalism undergrad. That sounds harsh, but I think it's true.

 

[IlliniRivian]

I agree with you about "news", but disappointed that NYT can't (or is unwilling) to write something more in-depth and with more nuance. Sure summarize what we know, but don't stop there. It's very likely this article could have been researched and written in a few hours by a second-year Journalism undergrad. That sounds harsh, but I think it's true.

Remember, the NYT article was a rehash for folks on this forum. We represent some miniscule partial percentage of the American public so this is new to most people.

I am hopeful that enough negative press like this might push Rivian to communicate better. Last week they had social media posts 5 days in a row. This week it's silent again.

 

[Craigins]

To add on to that, many times mainstream news articles reference other news sites that directly reference these forums.

We have plenty of investigators on this forum. We also have plenty of first hand knowledge (ie DuckTruck with the coo retirement).

If you're active in these forums, no news article will tell you more than you already know. I think what you are looking for is more along the lines of the Nikola hit piece. With the amount of negative false news stories coming out, my guess is there are plenty of shorts, and the absence of a hit piece means that things are pretty solid.

 

[AdamsFan1983]

I agree with you about "news", but disappointed that NYT can't (or is unwilling) to write something more in-depth and with more nuance. Sure summarize what we know, but don't stop there. It's very likely this article could have been researched and written in a few hours by a second-year Journalism undergrad. That sounds harsh, but I think it's true.

The reason you get low quality reportage is because the business model of media has fundamentally changed over the last two decades. Editorial staff is virtually non existent, and reporters are less experienced with lower paid bases and sweeteners that incentivize them to drive clicks with attention grabbing photos and headlines just like this.

 

[sevengroove]

I agree with you about "news", but disappointed that NYT can't (or is unwilling) to write something more in-depth and with more nuance. Sure summarize what we know, but don't stop there. It's very likely this article could have been researched and written in a few hours by a second-year Journalism undergrad. That sounds harsh, but I think it's true.

Not disagreeing with you, but I think the article provided the information required at the level of the majority of its reading audience. It wasn't for people like us who pore over Rivian sightings, windshield wiper sizes, job postings, charging station permits and service center activity levels. We don't need a fancy schmancy NYT article to figure that out .

 

[SolartoEV]

no point in posting links to pay-to-view news sites

Any paywalls can be disabled by disabling Javascript. You can do it on PC and on Android phones......


I'm not encouraging it just point out facts in the world....

 

[lostpacket]

Funny the day they post this RIVN goes up 5%. As an investor and hopefully future owner, the fact employee deliveries are still happening and not many real customer deliveries are happening is still concerning. I'm really hoping they don't delay the current Jan/Feb deliveries, because that will kill any stock momentum going into March earnings.

How's the saying from Buffet go?

"be fearful when others are greedy, and greedy when others are fearful"

For some reason when I was trying to think of this my brain kept saying to me:

"be bold when others are italics, and be italics when others are bold"

 

[lostpacket]

Journalism is not always about finding out something new. I agree that there is nothing groundbreaking in here. In fact, I would be surprised if a couple of weeks of a journalist digging around yielded anything remotely close to what we have collectively uncovered on this forum. But there is still a lot of value in elevating this "not new" message to a broader audience who don't read the forums but have heard about or invested in Rivian. It made me feel good to see my grievances represented on a NYT article, and legitimizes those concerns to many many more readers.

Yeah but the article didn't even mention cupholders even once!

Journalistic malpractice!

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