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Rivian announces 1B gross loss and 600M revenue [pdf]

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141–150 of 173 posts

Re: Rivian announces 1B gross loss and 600M revenue [pdf]

#142

Earlier quoted context omitted.

You must be American. In fact, insane car and highway infrastructure is actually a luxury. Funny how roads just magically spring up everywhere and they are 'required to live' but god forbid a bus that uses that road, that is luxury. Public subsidy of car infrastructure is far higher then for public transport. > coincide with bus/train routes There is this thing called planning. They put public transport where it is a…

> You must be American > But lets be fucking real My friends in Germany complain about how taking public transportation to work takes 2 hours, or 30 minutes by car.

And in even more places trying to go threw or across the city takes longer with a car. Public transport is just fundamentally more efficient as a society.

If you had said 'some people need cars' that would be one thing, but to act like cars are normal and car infrastructure is standard and normal, and public transit is some sort of luxury that only fancy societies can afford and even then only once they have built their highway infrastructure.

A big problem with German public transport for example that right when they wanted to implement West German High speed rail, the unification with East Germany happened and new highway for cars took priority. And after that the EU believed the most important thing was building lots of highway all threw Eastern Europe.

Walking, biking and public transport should be the baseline, and if money is left over you can have fancy car infrastructure and parking is the luxury.

Re: Rivian announces 1B gross loss and 600M revenue [pdf]

#143
post #112

Earlier quoted context omitted.

If you want a truck for looks, EV is nice enough. If you want a truck to haul stuff, EV is terrible . Put a trailer on your EV and they have basically no range at all. If you need a truck to haul stuff reasonable distances, EV isn't for you (at least not right now). If you want to save the world, then an electric car gets much better ranges with much smaller batteries and a fraction of the power usage. This leaves EV…

Most hauling around is local, within a city or region. EV range is reasonable and actually has many advantages over ICE cars. Operating cost being a huge one. Torque being the other. And the reality is the waste majority of people simple don't drive long distances with trailers. Study after study shows how that simply not why most people buy trucks.

BMW's entire marketing department gets that you don't sell cars based on what the driver's actually going to use it for, but based on an emotional pull on who the driver wants to be. Trucks are no different. Studies after study can show how much people don't pull trailers, but that's not why the F150 is the US' best selling truck.

Re: Rivian announces 1B gross loss and 600M revenue [pdf]

#144

The financials may not look good right now, but the vehicles are extremely good. They’re already way out in front of the EV truck segment, and the big automakers have a huge gap to make up to reach the same level of quality. I wouldn’t be surprised if they manage to turn this around and become profitable.

Quality isn’t that great. Some service centers are booked out four or five months. Owner satisfaction remains high despite that, however.

Re: Rivian announces 1B gross loss and 600M revenue [pdf]

#145

The financials may not look good right now, but the vehicles are extremely good. They’re already way out in front of the EV truck segment, and the big automakers have a huge gap to make up to reach the same level of quality. I wouldn’t be surprised if they manage to turn this around and become profitable.

The all electric Lightning outsold the R1T in December. Rivian is only guiding to 50K vehicles this year, many of which are Amazon vans. At the December run rate Ford will sell more than Rician in 2023. You can’t even order a Lightning online anymore-sold out for the year. Rivian doesn’t have the battery supply to grow fast.

Re: Rivian announces 1B gross loss and 600M revenue [pdf]

#146
post #136

Earlier quoted context omitted.

Give BEV 10 or 20 years and it will be as good as ICE.

Battery tech is advancing rapidly. BEVs will be 95% of automotive sales by the end of the decade.

Battery tech hasn’t changed at all since the Model S in 2012.

Re: Rivian announces 1B gross loss and 600M revenue [pdf]

#147
post #29

The financials may not look good right now, but the vehicles are extremely good. They’re already way out in front of the EV truck segment, and the big automakers have a huge gap to make up to reach the same level of quality. I wouldn’t be surprised if they manage to turn this around and become profitable.

You hear this all the time. There is no such thing as a huge lead in automaking. It’s an incredibly clonable product, and each company has huge teams taking apart each others products. It’s also not really the product that matters. It’s service centers, parts, repairs, manufacturing capacity. The traditional companies have entrenched supply chains to get parts, and cars, across the country and into hands. All the new…

I'm an R1T owner and I can't even put into words why the truck is just so much better and differentiated. It's not just that it's an EV Truck... my friend has a Lightning and it has none of the magic of my Rivian. Magic in a vehicle.

Re: Rivian announces 1B gross loss and 600M revenue [pdf]

#148

Earlier quoted context omitted.

Toyota engineers just acknowledged that their teardown of a Model Y "revealed a work of art". Toyota. If my 17,000 shares make me delusional, so be it, friend.

Heh, the art world is full of weird bs. My favorite piece by Pablo “Tesla” Picasso is this one: https://teslamotorsclub.com/tmc/threads/ran-over-something-n... Truly a work of art.

You could try to be clever, or you could read what they were talking about:

https://archive.is/PE0AZ

Re: Rivian announces 1B gross loss and 600M revenue [pdf]

#149
post #145

The financials may not look good right now, but the vehicles are extremely good. They’re already way out in front of the EV truck segment, and the big automakers have a huge gap to make up to reach the same level of quality. I wouldn’t be surprised if they manage to turn this around and become profitable.

The all electric Lightning outsold the R1T in December. Rivian is only guiding to 50K vehicles this year, many of which are Amazon vans. At the December run rate Ford will sell more than Rician in 2023. You can’t even order a Lightning online anymore-sold out for the year. Rivian doesn’t have the battery supply to grow fast.

https://www.cnbc.com/2023/02/14/ford-halts-f-150-lightning-p...

Re: Rivian announces 1B gross loss and 600M revenue [pdf]

#150
post #61

Earlier quoted context omitted.

"wrecked"... Tesla didn't even come close to wrecking anybody. They came in as a new competitor, and are still massively overvalued because of investor delusion.

Toyota engineers just acknowledged that their teardown of a Model Y "revealed a work of art". Toyota. If my 17,000 shares make me delusional, so be it, friend.

Toyota article here - https://electrek.co/2023/02/28/tesla-model-y-work-of-art-toy...
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