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
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- #1
Announcing our new "CLUBS" section where you can join or create a Rivian club or group! You can use this new feature to conveniently plan and discuss local events, gatherings or other club/group related topics.
So we encourage you to join (or start) special-interest and regional-based Rivian clubs at: https://www.rivianforums.com/forum/group-categories/clubs-groups.1/
Their S1 said it... Don't expect dividends for a loooong time.And this should be a surprise to absolutely nobody...
Way I see it is that by focusing on less product variants they can more easily ramp up production, which favors growth.if that's the case then why are max packs pushed to 2023? Seems like they are focusing on profits by doing that.
You have that backwards. Max packs require more cells per truck thus reducing the number of trucks that can be produced for a given battery supply and limiting growth of production line capacity.if that's the case then why are max packs pushed to 2023? Seems like they are focusing on profits by doing that.
Is Amazon vans growth or profits?if that's the case then why are max packs pushed to 2023? Seems like they are focusing on profits by doing that.
Its growth and product diversity in the eyes of investors. The Amazon van is their least niche product. There are many many companies that need last mile delivery vans, they are used heavily and replaced often in many cases. The Amazon deal was a way to have a partner help with the development cost.Is Amazon vans growth or profits?
I'm of the profit opinion.
I guess it depends on the definition of profitability. That could be in aggregate or in margin %. By percentage, the Max Packs are absolutely more profitable than the Large packs as they have a super high margin on that extra $10k.smaller pack equals more trucks being produced which equals more profit for more trucks. We can all look at this in many different ways
True, but not all of those ways can be correct.smaller pack equals more trucks being produced which equals more profit for more trucks. We can all look at this in many different ways
It's a pretty near certainty that the Max Pack is higher margin. An entire pack has a current production cost of about $135/kwh. Even if you applied that same number to the marginal 45kwh (marginal cost is almost surely even less to just add cells to an existing pack with capacity), the cost to Rivian for the Max is about $6k and they are charging $10k for a 40% profit margin.We simply don't know whether the profit margin is higher or lower for one pack size or another (although it is very reasonable to assume the Max pack has the higher profit margin).