That's actually good news for Rivian. They need to learn to walk in their first plant before they run in the second plant. Hopefully this can help alleviate the cash drain.
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All discussion of Rivian Automotive
- Thread starter RobStark
- Start date
That's actually good news for Rivian. They need to learn to walk in their first plant before they run in the second plant. Hopefully this can help alleviate the cash drain.
Q4 OpEx was $975M CapEx was only $298M.
Cash on hand: $7.9B, $9.4B including short term investments
Current Liabilities: $2.5B
All assets - liabilities: $9.1B
Why are you posting from ANOTHER thread? That’s pretty sketch.
While losing 3X,xxx dollars per unit sold. 50+ units on lot at most delivery locations. Had to open up leasing on the R1S to help get rid of supply. Created two more trim levels since start of this year.
The more owners that are willing to tell the truth about their R1 platform vehicles, the more the number of canceled orders will rise.
I’ve helped 20 people avoid the R1 mistake. Promised them this would happen when they allowed a rogue service center employee to blackball me. Was a supporter of them until the shidd hit the fan, let them know I wanted to pay full retail wanted no discounts, and they allowed some horrendous service employee to play games with my money.
When they found out I wasn’t playing, they had someone call me late in the evening on a Sunday.
that was when the list of canceled orders was at 10. Goal? 50+. What’s “sketch” about someone posting on a forum?
you’ve got some funny definitions of “sketch”
The near future, Apple acquires Rivian, RJ becomes the successor to running all of Apple in 5 years
I'd like to see Tim and RJ on the stage when they announce the start of the R3 and pricing....
merge the Rivian OS with what Apple what working on in their cancelled EV
I'd like to see Tim and RJ on the stage when they announce the start of the R3 and pricing....
merge the Rivian OS with what Apple what working on in their cancelled EV
So which is it? Fraudulent SEC filing or RJ lying?
The filing says:
You can't resume something if it isn't halted...
GhostSkater
Member
He also said no model has under 300 miles of range and the on MKBHD video that the entry trim is 270 miles
*Optimisticly* neither, if the plant is being built but is not getting any manufacturing lines to start with.
The plant ground breaking hasn't happened yet, so it's construction hasn't halted any more than it was halted last year. (Where halted implies stopped or killed versus delayed)
The line you quoted was in the context of R2 and shell construction could occur without internal build out.
Add it the pile of BS that RJ says, like the R1 platform will have bidirectional charging (ha!).
Knightshade
Well-Known Member
The R2 uses 4695 cells... that's 15 better than 4680!
Buckminster
Well-Known Member
Sure, and I don't have a horse in the race, it's somewhat semantical, and will depend on future developments... However, it sounded like that bulk grading was done by the State & local authorities.
From back in October: "For the past several months, the State of Georgia and Joint Development Authority of Jasper, Morgan, Newton & Walton Counties have worked with state and local partners to prepare the site for Rivian’s arrival. At this time, the upper pad is 95 percent graded and is nearly ready for construction to begin. Rivian expects to hold a formal groundbreaking ceremony in early 2024, with start of vertical construction to begin thereafter."
Construction company for the building was announced in December and construction for March.
Wait and see when they really start?
SalisburySam
Active Member
I have to admit that both Elon and Tim could learn something from RJ…his R2 announcement keynote was about as well-done as I’ve seen. Short, pithy, focused, no drone zooming across donut rooftop, no handoffs to half a dozen others. Not currently interested in an R2 but I do like RJ’s presentation style.
Allowing team members to get the spotlight is good for morale.
