Embarrassed

[Shmoe]

They can't afford to. They have to push ahead and can't just fall back on what's familiar

Absolutely.. a $19B writeoff would crush them, that's why they are making good decisions instead of chasing good decisions with bad ones.

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[Roy2001]

It's interesting people say this... once the R2 drops, they're going to be in far better shape.. and the investors are sure showing faith in their AI announcements.

At least they aren't making Ford-style reversals.

Of course I wish Rivian can survive. But I really doubt. Unless Rivian can cut the cost dramatically, they cannot ramp up the volume, volume is the key for long term operation.

 

[Shmoe]

Of course I wish Rivian can survive. But I really doubt. Unless Rivian can cut the cost dramatically, they cannot ramp up the volume, volume is the key for long term operation.

Hence the R2, they'll be fine. They've got that Volkswagen money keeping them afloat until it drops. Then it's gonna be R2's everywhere.

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