windblowlc
Well-Known Member
Again you do not understand what I said. I said the reason Rivian flippers dry up with Rivian used car prices going down was just because of time and has no relevance to Tesla price reduction cutting the knees off their competitors. What I said had concrete values - as we've seen market prices went down even before the Tesla price cuts with Rivian increased manufacturing production. I then said you don't cross-shop a used R1T with a Cybertruck that doesn't yet exist.I find it helpful to look down the road, and assess things that are likely to happen and how that would affect things around me. It has been enormously helpful in my investments, and in my life in general. It keeps me from being surprised and unprepared.
Based on the impressively large crew bolting the assembly line and presses into place, a reasonable person could assume that the Cybertruk line will be producing early versions of the vehicle within months. No, I don't base much on what Elon says, but when physical evidence like a production line being built presents itself, it would seem unwise to summarily dismiss such evidence.
Best information has the Cybertruk being produced in relatively low numbers this year, probably around 10,000 of them. While that is not enough to shake the market, there is a singular thing that certainly will; that little line named "pricing." Depending on what that number is, it could indeed shake up the industry significantly.
Again, not wishing to have my head buried deep in the sand, I look at what Tesla's seeming intent appears to be. They appear to be wanting to use their manufacturing muscle at this point to squeeze the competition. All evidence on the table, I certainly would not rule out Tesla coming in at a pretty competitive opening price for the CT, causing some stress on direct competition such as Rivian.
I lay out this information not in an attempt to get into an argument, rather as a tool for those wishing to plan a purchase. If the above pins fall into place, I believe we will see dramatically less expensive used Rivians come fall.
I don't speculate on the CT. The EV truck field is going to be very competitive. There's the R1T, Lightning, Silverado, RAM, Hummer, etc... many more. Can the CT dominate, whether on price, features, refinement, performance, form or function? FWIW, Tesla does not have the manufacturing muscle to squeeze the competitions (in plural).
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