[flagged]
You will eat the bugs.
It's the only environmentally friendly option.
Rivian announces 1B gross loss and 600M revenue [pdf]
71–80 of 173 posts
Re: Rivian announces 1B gross loss and 600M revenue [pdf]
#72Earlier quoted context omitted.
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 thought that until Tesla wrecked everyone.
I dunno about that, from the top of my head I recall Daewoo to be the last auto make to withdraw from the states at least.
Tesla has so far to go to “wreck” anybody who didn’t already pay for “full self-driving”.
Re: Rivian announces 1B gross loss and 600M revenue [pdf]
#73Earlier quoted context omitted.
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 thought that until Tesla wrecked everyone.
Wrecked them how? It’s 22Q4 sales numbers are a quarter of GM. They currently rank in 9th place in production. It’s taken them a decade to get a dealer network built. Their repairs timeline sound just as horrifying as their competitors.
https://www.goodcarbadcar.net/2023-us-auto-sales-figures-by-...
Re: Rivian announces 1B gross loss and 600M revenue [pdf]
#74I'm still pretty optimistic on Rivian.
Building an auto manufacturer from scratch is pretty up there as one of the hardest/most expensive business challenge that exists. The fact that they have survived through the "burning money" stage to get to the other side at all is pretty powerful.
All the examples of car startups that failed only did so because they struggled to drum up sales in their day (DeLorean, Fiskar, Tucker, etc). On the other hand, I am seeing Rivians EVERYWHERE. They are selling them as fast as they can make them. On top of that, they seem to be doing a great job of releasing new models pretty quickly and skipping over the years of QC problems that plagued early Tesla.
If there's actually consumer demand for the car, and the marginal costs to manufacture are favorable - you can probably ignore all of the sunk development costs. SOMEONE would want to carry on the business. But we will probably see all parties involved eating or writing off as much of the debt as possible right now that they are transitioning to cash flow.
Re: Rivian announces 1B gross loss and 600M revenue [pdf]
#75Earlier quoted context omitted.
Public transportation is a luxury. It assumes that you can live in a dense area and that your travel needs coincide with bus/train routes. It's very practical for many, and very impractical for many too.
What a hilariously American comment. Nearly all American cities were built by train networks that existed in the 1800s. These train lines were ripped out to make way for car infrastructure in the mid-1900s, which was designed to segregate neighborhoods and give giant profits to GM. Even famously car-centric LA with their massive freeways once had the best public transit in the world. https://www.segregationbydesign.c…
I don't think we're talking solely about cities here; suburban and rural areas can never be sustainably and cost-effectively served by public transit, at least not the kind of areas with densities you'll find in the US.
Certainly US cities are very weak on the public transit front, and there's a lot of improvement that can be made there. Even then, though, there are a lot of municipalities in the US that technically are considered "cities" but don't have enough density to make pervasive public transit feasible.
Re: Rivian announces 1B gross loss and 600M revenue [pdf]
#76Earlier quoted context omitted.
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 thought that until Tesla wrecked everyone.
Tesla is really nothing special. It has one massive advantage: the supercharger network. Other than that, it has an excellent powertrain (eminently clonable), a pretty good nav system, a pretty good adaptive cruise control, no CarPlay or Android Auto, and no interior amenities worth mentioning. And they have absolutely terrible parasitic power consumption, a property that every other manufacturer has nailed for decades, because a car with a single lead-acid battery that parasitically discharges like a Tesla would be utterly useless. Tesla would like you to think they make the world’s best batteries, but they really don’t. They do have mindshare, though, and everyone else has been sitting on their butts and failing to compete effectively.
Re: Rivian announces 1B gross loss and 600M revenue [pdf]
#77Earlier quoted context omitted.
I thought that until Tesla wrecked everyone.
"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.
They may be over valued but everybody is absolutely playing catch-up and are quite a bit away from their profit margins.
What’s even worse for the legacy companies is Tesla is the Kleenex/Coke of electric cars to a lot of young minds.
Re: Rivian announces 1B gross loss and 600M revenue [pdf]
#78Earlier quoted context omitted.
I thought that until Tesla wrecked everyone.
"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.
Re: Rivian announces 1B gross loss and 600M revenue [pdf]
#79Earlier quoted context omitted.
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 thought that until Tesla wrecked everyone.
It feels to me like the F150 Lightning is closer to a Rivian than, say, an electric BMW is to a Tesla, in terms of tech.
If I were shopping for a new pickup, it would be hard to choose between the Ford and the Rivian because Ford has the incumbent automaker advantages while Rivian has the "cool startup" advantages. But in passenger cars, Tesla still has the Supercharger moat, which the Rivian doesn't enjoy.
Re: Rivian announces 1B gross loss and 600M revenue [pdf]
#80Earlier quoted context omitted.
It'd be far worse to have scheduled bus routes and train tracks cutting across the vast wilderness than the occasional electric vehicle cruising through.
A double track train line can move orders of magnitude more people than a 30-lane highway can. Cars and highways are space inefficient, and highways cause property values surrounding it to decrease due to the pollution and noise.
You're not really responding to what the parent poster said. We're not talking about 30-lane highways, we're talking about a small one-lane road that only needs to serve tens of people per day. A train route for that is absurd.