The real question is: can Rivian's cash reserves last them until the R2 is in production and ramped up?
Bezos likes to lose. So he will let Rivian die before R2 is ramped up and give Musk the win. Without giving Rivian a real chance to succeed.
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All discussion of Rivian Automotive
- Thread starter RobStark
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Bezos likes to lose. So he will let Rivian die before R2 is ramped up and give Musk the win. Without giving Rivian a real chance to succeed.
This isn't a reveal. That is Thursday. This is a leak.
It gives us three key pieces of information. Better than 0 pieces of information.
They only email terminated 10% of the work force. They still have 90% left to build the cash reserves.The real question is: can Rivian's cash reserves last them until the R2 is in production and ramped up?
I suspect they’ll have to do a cash raise at some point.The real question is: can Rivian's cash reserves last them until the R2 is in production and ramped up?
Rivian R2 bows: $45,000, over 300 miles, the future of the SUV?
Rivian's mass-market SUV arrives in 2026 with a target price of $45,000.
Same footprint as Model Y but 3" taller. Single, Dual and Triple motor configurations. All models over 300 miles of range. Base price $45k. Both rows of seats fold flat.
No specs, no price, no date. It seems silly to share it this early with basically no information.
They've learned some. The price is listed as an estimated starting price. And no additional details on how much any of the options will cost, or what trim level gets what.View attachment 1025578
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Rivian R2 bows: $45,000, over 300 miles, the future of the SUV?
Rivian's mass-market SUV arrives in 2026 with a target price of $45,000.www.greencarreports.com
Same footprint as Model Y but 3" taller. Single, Dual and Triple motor configurations. All models over 300 miles of range. Base price $45k. Both rows of seats fold flat.
Seems light on details to be a "release". But then again we are almost 2 and half years away from deliveries, assuming they keep the current timeline.
The presentation seemed photocopied from a Tesla one a couple of years ago: structural battery pack made up of larger cells, lots of cameras doing vision-based auto-pilot. Glass roof. Charging network. Solar power. etc. That said, its a good plan, so no reason not to copy it. And its a good set of form factors (R2 and R3). Let's see if they can execute.
It is a "reveal." Like Tesla, they have been bashed for not fulfilling "promises."
Prices for battery materials can skyrocket in 2 years.
So now they don't want to reveal set trims and specific prices.
Remember the 500 mile tri-motor Cybertruck for $70k.
Rivian is doing great things. Their little compact will bring the reluctant masses in.
There seems to be some conflicts in their announcement. RJ said all R2's will have more than 300 miles of range, yet their official X post only says that they will have "Up to 300+ miles of range". Which makes it sound like there will be variants with less the 300 miles of range.
Where is that information coming from?
edit: Found it MKBHD video:
So, RJ misspoke, or lied, when he said that they will all have over 300 miles of range.
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Daniel in SD
(supervised)
Not much technical info. Is it > 500V? Do 4695 cells charge fast?
Oh geez. Rivian sure likes to make mistakes don’t they?
So, yes, I think this is a good move, but it was a frigging obvious move three years ago (or whenever) when they announced their Georgia plant, which was a horrible decision. OBVIOUSLY their Normal plant, which I think has room for 175K vehicles per year, was never going to be fully utilized with $100K EVs. If Tesla could never sell that many per year, Rivian sure wasn’t going to come close.
So I’m glad they sucked it up and came to their senses. Hopefully they won’t continue to make these giant strategic mistakes going forward, but with the same guy in charge, who knows.
