You think they learned from Tesla. Even Elon is using restraint on hyping new products until closer to production. This seems like a desperation attempt to change the narrative. Everyone knows Rivian is loosing money. If these debuts do not increase buyer attention or a major influx of orders, then Rivian is done.
You need a LOT of room for solar power. 2 acres will give you 1.2MW, and thats 1.2MW peak at midday in June. You need maybe 8x that to be solar powered in winter in Germany. Its impossible to power a car factory purely from rooftop solar, although totally worth doing, and at least would mitigate situations like this to provide *some* power to maybe carry out minor work during a power cut.
Would be interesting what percentage of their electricity needs they get out of that..
Agreed, but I doubt new attention or orders will matter. I got the impression rivians problem was scaling production, not demand? If they now have even more models, then that doesnt give them much benefit from scale, unless the models re-use a lot of common components?
To reply also to @Krugerrand , I expect (better word, I concede) Q124 to be lower than Q123. Last year there was "the wave" and we had price cuts, and that lead to a March with 61504 sales, far better than all the other months:
They are going to make the R2 and R3 in the Georgia factory and apparently are adopting some manufactering processes from Tesla. They are using their new 4695 battery cells and will have NACS charging ports on both cars, which will both have options for over 300 miles of range and 0-60 in 3 seconds.
Rivian has shown absolutely zero talent or ability to control costs. It’s like their business dictionary does not contain the word efficiency.
I don't think anyone can argue with this.
If after the Red Sea incident and now domestic terrorism, Tesla manages to have enough inventory around to sell even just one more car than Q1 23 - omg, I will manically laugh so hard.
One key difference between FSD and other things such as anti-lock brakes, back up cameras, seat belts, etc. is the difficulty in implementing the solutions. All the former were easily and quickly replicated by other companies shortly after they were introduced. Not too difficult to design a camera and screen. And once all cars have them, it's hard to justify outsized margins.
Well, whatever extra resources it takes. I work at a private school in Dallas and for years it was just Teslas. Now I'm seeing more and more Rivians....No GM EVs, 2 Ford Mach Es, 2 Lucid's and that's it. It's Tesla and Rivian here and I bet we have the most EVs out of all the schools surrounding us.
Same by me. Tons of Rivian and Tesla. Nothing else EV. I bought a bunch of shares in the low 10s. Probably stupid but was probably just as stupid as I when I did the same with TSLA when they were supposed to go bankrupt in 2018.
Eh, it's closer to 3 acres per MWdc for fixed tilt.
