kanundrum
Well-Known Member
- Joined
- May 2, 2020
- Threads
- 218
- Messages
- 3,990
- Reaction score
- 12,162
- Location
- Washington, DC
- Vehicles
- Giulia QV, R1S (S00N)
- Occupation
- IT
Just got some unfortunate news;
*** Apparently recent raw materials and sub assemblies from vendors cost increases have made it so all R1's for the foreseeable future will be sold at significant loss. Rivian is trying to secure additional investment funds to cover the cost but previous investors are getting hesitant. Rivian is reluctant to go public showing steep looses so now they are scrambling to find a solution... selling cars is the only way out but ironically is causing huge losses that can't be covered. Looks like all our orders are in jeopardy! ***
There... in the absence of Rivian communication I will fill the void with completely irresponsible, and probably false, communication.
*** Obviously I made this up and has no bearing in reality.
Holy fk dude you gotta be careful LOL. I can see the group of people with pitchforks already heading towards your house
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