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What do you get for $67,500? Less and less, it appears.

RWerksman

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Also worth mentioning - there is language on the 'Time to Build' Rivian Story that specifically talks about Driver+.

https://stories.rivian.com/time-to-build

With the system engaged, your Rivian will automatically steer, adjust speed, and change lanes on your command. Enabled on select highways at launch, more road types will be introduced through over-the-air updates. Like all driver assistance systems available today, Driver+ requires your full attention on the road at all times and you should not use a hand-held device behind the wheel.

Driver+ is powered by two redundant compute platforms, 12 ultrasonic sensors, 10 exterior cameras, 5 radars and high precision GPS. An interior camera monitoring for driver alertness adds an extra layer of safety. Every Rivian vehicle will include our complete hardware package and all Driver+ enhancements will be provided over-the-air at no expense. More information on features and limitations will be in the Rivian operator’s guide.
That fills me with a little hope.
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That fills me with a little hope.
And to me, all I see is that subscription model. Keep paying for the possibility of future enhancements.

I will determine the value of the purchase based on actual stuff available on delivery day, not what marketing is telling me will be available S00N.

This allows me to enjoy my purchase even when no enhancements are ever delivered. I got what I paid for and expected.

As an investigator, I hope more people buy into promises. Those people will make the value skyrocket like Apple and Tesla. Rivian needs lots of fanboys. Smart investors see through this, but those who invest on feelings is what causes the massive swings! I am still evaluating the S1 to determine the value I think Rivian is worth and what I am willing to pay per share. (Hint: probably not $80B)
 

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Also worth mentioning - there is language on the 'Time to Build' Rivian Story that specifically talks about Driver+.

https://stories.rivian.com/time-to-build



That fills me with a little hope.
Not I. Driver+ isn't getting all the enhancements. Anything they do to enhance Driver+ will be at no charge. They've stated they will be adding new modes and some will be tied to membership. Autonomous driving is going to be a new mode that's even more money on top of membership. I hate when features are tied to a membership but the flip side is, they didn't have to implement them at all. At least you have options.
 

BigSkies

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So I've worked in Silicon Valley, and my wife has worked on the legalese wording that ends up on webpages and investor documents.

At this point, it's pretty clear that even Rivian doesn't know exactly what they're going to do for subscription services. They have some decent ideas, but nothing is finalized. When in doubt, they will generally follow Tesla's model.

Here's the general guidelines of what I would expect:

1. The infotainment system seems pretty basic at launch. You should be able to expect basic functionality improvements to existing features for free. For example, if they update map routing or charging station information availability, that should be free.
2. Any enhancements to functionality would probably be part of the subscription. For example, if they added new music service integrations, entertainment options, or new drive modes, that would be a pay feature.
3. Any functionality enabled by using a cell data plan attached to the car would require an ongoing payment. This could include live traffic, music integrations (if using car data), etc.

Driver+ seems to be a solid version of adaptive cruise control. That will remain free. Anything beyond what's provided at launch will cost something.

This is why they will never provide Apple/Android car support. They know customers won't pay money for a subscription service if they had Carplay.

I would say that Rivian is very careful with how they word things. For example, the charging description on their website absolutely implied that the R1T hardware would support charging faster than 200kW, but it didn't actually say that. Understand that they will be 100% clear if something is included. Any nebulous statement should imply that it will not be included. That's just the language of lawyers.
 

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Not I. Driver+ isn't getting all the enhancements. Anything they do to enhance Driver+ will be at no charge. They've stated they will be adding new modes and some will be tied to membership. Autonomous driving is going to be a new mode that's even more money on top of membership. I hate when features are tied to a membership but the flip side is, they didn't have to implement them at all. At least you have options.
The S1 filing classifies their theoretical level 3 capabilities under the driver+ umbrella.
 

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All I can say is that any subscription better offer way over the top features. $550/year gets classified by me as required maintenance if it becomes de facto required to operate things such as nav, remote climate start, adaptive cruise control, etc.
 

RWerksman

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At this point, it's pretty clear that even Rivian doesn't know exactly what they're going to do for subscription services. They have some decent ideas, but nothing is finalized.
Truer words have never been posted here - this is the right answer.
 

TessP100D

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After reading the S1, I am starting to wonder how much this vehicle is going to cost to own/operate. Rivian has been pretty ambitious on what they are going to offer and only now are they having to disclose the details. The previous announcement of the subscription had already turned me off, but now reading multiple subscriptions and an additional $10K for FSD?

Will my R1T even work after the "trial membership" has expired? Will they limit the battery capacity or the charge rate for non-subscription customers? What about Navigation and infotainment capabilities? I would expect (demand) that my vehicle performed the same on day 366 as it does on day 1. After allowing for some battery degradation, I would expect the vehicle to perform the same on day 1,825 (5 years) as it does on day 1. I should not have to spend an additional $50/month (or whatever they decide) just to keep the vehicle functional.

All this said, I am less and less excited to be an R1 owner but much more excited to become an investor! If Rivian can get a following like Tesla or Apple, they will have mounds of money coming in monthly and never really have to worry about the upfront sales. It is the recurring charges that make all of the money, that is why everything has moved towards the subscription model.
Going by what I learned on my top,of the line Tesla … no ….the $90-100,000 RT1 won’t be the same and won’t have the same capabilitys as day one. Everytime they update the software, your vehicle will, slow down and lose functions. Tesla designed it that way. 100% of the MCU1 cars were designed to stop functioning. I had my MCU replaced under the recall. But it’s to late, as it will never be as good as the day I bought it.
just like the IPhone 4, after all the ā€˜ā€™updates’’ they just slow down to nothing.
 

TessP100D

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yea FSD is a pipe dream. what a scam. i kind of hate how Rivian is trying to be like Tesla. if i wanted a Tesla i would've bought one.
Your right. FSD is a scam. A complete fraud.

why do we have to pay for stuff to be added to the car?
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