Rivian has a great CEO, a great product portfolio, and a vision of where they fit in the EV transition. The path won't be easy for them, but I for one think they have a bright future.

@johnrogers9065

7 ай бұрын

Couldn't agree more. I see the Rivian Amazon delivery vehicles everywhere. I hope they're able to get out of that exclusive deal with Amazon, because I imagine a lot of businesses would be interested in an EV delivery vehicle--charge it up each night and you never have to pay for gas.

@SF-ww9xe

7 ай бұрын

BANKRUPT IN A YEAR. GOOD LUCK, JUST LIKE TESLA IF YOU NEED YOUR CAR WORKED ON..... SOME OF THE TREE HUGGERS JUST HAVE NO SENSE. ELECTRIC FINE FOR CITY, LONG TRIP TO ANYWHERE OVER 300 MILES, RISKY. IT IS COMICAL TO THINK THAT CITIES LIKE SAN FRAN (TOWN OF IDIOTS) WOULD BE TOTAL EV. THE MOVIE IDIOCRACY IS SO APPLICABLE FOR TODAY.

I love the sound of made in america in the backround

Them-The starting price of the R1T is $73,000 USD or $98,500 CAD. The starting price of the R1S is $78,000 USD or $105,250 CAD. Me- clocks in at target to run self check out😅 for $13 an hour

Sounds like he is hinting at a capital raise on the balance sheet question. Which makes sense, even if they can get a positive margin they will be far from cashflow positive.

@daverobertson5962

7 ай бұрын

2 days later and they did just what you thought. What does your crystal ball tell you today.

@AchanceC

7 ай бұрын

@@daverobertson5962 lol it tells me many things :) Its pretty easy to see, follow the numbers. Read peoples body language. Glad i sold the 20 calls Oct. Didnt know it would be so soon but had to happen

@Humptydumps

7 ай бұрын

Should’ve read your comment two days ago god dammit 🤦🏻‍♂️

Rivian is the EV beast, no doubt about it😉😍

@Bryanbkk

7 ай бұрын

Has a ton of potential that’s for sure.

@daverobertson5962

7 ай бұрын

Stock is down over 20% today.

@Starlord238

7 ай бұрын

​@daverobertson5962 why not? Now Ups and downs but soon will be always up😉

@daverobertson5962

7 ай бұрын

@@Starlord238 Wish I had your optimism. Can remember Elon saying Tesla almost went bankrupt. Rivian could go to the moon, or it could go to zero.

@Starlord238

7 ай бұрын

@@daverobertson5962 Never doubt Rivian😉🙂

In coming years, truck buyers will either go for Rivian or CT. God bless both companies

Rivian will have the first midsize ev truck avaliable with the r2 so I do not think they are worried about all the full size truck update and releases coming because they will have the first midsize ev truck available

He needs to get a giga press or two, to bring down those costs.

I saw a Rivian, in Brooklyn, Jersey and on 'Billion' the series.

Great interview for me, and meet kevin see rivian still pushing

Hope his guy is very good technically speaking because I never understand him when he answers any question, never precise anything and make rounds and rounds.

@rajendranpullat

7 ай бұрын

I agree. But I think when you are in his shoes, it could hurt the company if you give too honest answers. He is trying to give answers that are boring and not wrong. I think he is a good technical guy as he has a Ph.D. from MIT!

@mattyfatstaxs

7 ай бұрын

Yeah he gives the round around from the ipo beginnings. It’s important to see not good CEOs as well like this tho.

@Bryanbkk

7 ай бұрын

I guess between giving no answer answers, and telling the world he’s got no clue if he’ll be profitable or not - the former is the better choice. 😂

Great !!! Losing 33K PER VEHICLE :( but that'll end in over a year,... jeez

@hurlentropy6866

4 ай бұрын

They lost 140000 per vehicle one year ago. Don't just cherry pick

I am long, but it'll take four or five years to get there, like tesla. It's still early days for EV's.

@itisim

7 ай бұрын

Maybe sooner

@info781

7 ай бұрын

@@itisimMaybe , but they will have to do a 5 billion capital raise in a couple of years, not a big deal it is already priced into the stock. The main thing is that people like the vehicles.

@itisim

7 ай бұрын

@@info781 yes

Rivian is a very well engineered EV but the demands for capital in auto manufacturing are enormous. Like all start ups, revenue won't be able to keep up with this demand.

I'd rather invest when most people become negative or fearful. These times don't occur often If a company is improving and their stock price is going down, that is a positive. They are cutting away at losses compared to last yr

The background noise is so severe, I can barely understand RJ.

@kimpaul

7 ай бұрын

His voice isn’t great either

I just wanna explain to people that 33k $ loss in every car is NOTHING and there are tons of ways Rivian can save that easily😉

@TabsT-vy5jy

7 ай бұрын

That's not really an explanation

Worst non-answers I've ever seen RJ give in an interview. UP THE GUIDANCE for 2023 already RJ!

@daverobertson5962

7 ай бұрын

He was hiding bad news. Stock is down over 20% today on 1.5 billion capital raise and poor guidance.

He did such a bad job answering the questions. he was beating around the bush and that sucks. I own a lot of Rivian stock

@weirdshibainu

7 ай бұрын

Yeah. He may understand E.V.'s but he's not a great communicator-something imperative in a CEO

@rajendranpullat

7 ай бұрын

I own RIVN too! I think when you are in his shoes, it could hurt the company if you give too honest answers. He is trying to give answers that are boring and not wrong. I think he is a good technical guy as he has a Ph.D. from MIT!

@weirdshibainu

7 ай бұрын

@@rajendranpullat Wrong. A CEO has to deliver the facts---good or bad. Not giving "too honest answers" is where you end up with a company in real trouble. I have no doubt he's smart, but he's not CEO material.

@ocampbell1954

7 ай бұрын

He doesn't want to tell y'all he's burning through piles of cash because they can't scale. 😂

@Bryanbkk

7 ай бұрын

I think most people read between the lines when a CEO can’t answer the questions.

Maybe have a 2nd and 3rd shift to help build your edv instead of putting it all in one shifts hands and expect us to build 30 thousand vehicles in one year a little help would be nice

@oldmangamer76

7 ай бұрын

They have a second shift in EDV.

chocolate rain is a CEO!???

once ct undercuts them.....

He cannot beat Elon musk on price cutting 😂😂😂

I've noticed something about Rivian. RJ Scaringe only has 1% ownership in Rivian. Elon Musk invested everything into Tesla. Elon Musk goes into detail about the engineering and software design. RJ Scaringe fails to mention anything innovative about the Rivian.

@hurlentropy6866

4 ай бұрын

You can't jump to conclusions based on limited info. You're speaking with your feelings

@kb8570

4 ай бұрын

@@hurlentropy6866 This is based on every interview RJ Scaringe has given. He does not understand the technology at a fundamental level like Elon Musk. Elon Musk understands computer programming, engineering and physics.

Under promise over deliver

The big challenge? The American people know EVs on the road are not yet prime time. Without a huge increase in chargers and charger reliability the EV industry just can advance. Wait for EV 2.0 or even 3.0. These pundits, so-called experts, don’t understand the basic issues.

@markavelisocal

7 ай бұрын

partially true, however, tesla has the best charging system and now 50k in total but all automakers should use their system

@weirdshibainu

7 ай бұрын

Exactly. The e.v. bros will argue that no one drives 250 miles a day and therefore 99% of users will be fine. That position doesn't account for road trips, rural areas, towing, apartment dwellers or the physic in cold weather use. I'd like to own an E.V.. but until they get to a real world range of at least 500 miles, I'm sticking with an ICE vehicle.

@markavelisocal

7 ай бұрын

Tesla has solved for this. 30 min charge 100 miles. The only hassle is travel long distances which most Tesla owners have enough chargers that already plans the trip for u

@weirdshibainu

7 ай бұрын

@@markavelisocal Nope. Still too much of a hassle compared to an ICE car.

@ocampbell1954

7 ай бұрын

There is the world you live in and then there is the world where the Model Y is the best selling car in the world. In this world a 1/3 of the cars sold in China the biggest car market are EVs.EVs are already on par with gas cars. The charging network in being built out. Once the customers get a little more educated of how much cheaper EVs are to maintain and the price of batteries continue to get drive down it will be a wrap for the big 3 car companies.

طردت شركة Rivian ابني بسبب خطأ بسيط ..كان على كفاءة و حُسن الخُلُق ..لَم تعطيه فرصة بتنبيه او إنذار ..شعرتُ as a mom 💔 أنّ في المسؤول عن طرده عنصريّة لا أكثر..عند الدًيان تجتمع الخصوم !!

@hosamfadel5440

5 ай бұрын

انتي اين تسكنين و لماذا التعليق بالعربي مادام توجهي كلامك الشركة اجنبية

@norama3998

5 ай бұрын

@@hosamfadel5440 لا يهمّ أين أسكن ...من حقٌي أن اكتبَ باللّغة التي أُجيد .. لا تفوت إدارة الشركة أبدا ترجمة تعليقي للًغة الإنجليزية .. أيُعقَل أن يُطرد عامل لخطأ بسيط ..هل مدير الشركة نفسه معصوم من الخطأ ؟ مُستحيييييل .. جرحي كأمّ لن يندمِل لهذا الظّلم .. اللّهم عدلك ..

the next tesla

Tesla and others have much better chance of surviving than Rivian. Rivian has a vehicle lineup which is way too expensive and has Rivian heading for Chapter 11 bankruptcy. Rivian is locked in a money-losing contract with Amazon. It's even worse b/c Rivian loses money on every pickup & SUV it sells to the public. It's even worse b/c Rivian is now moving key parts in-house; instead of buying more cheaply from suppliers. Rivian already loses a staggering $1.2 bill/quarter. Between the new plant and R&D costs to move production in-house, look for staggering losses to move even higher. With 942 million shares already outstanding, Rivian's Ponzi scheme will eventually run out of new money

@Rx100Vx

7 ай бұрын

Lol. I see a pattern . Time to alert the SEC

Tesla fans will be dropping salt in comment section

@weiyang917

7 ай бұрын

Not me ! I love both Tesla and Rivian .

@itisim

7 ай бұрын

@@weiyang917 cool

@Bryanbkk

7 ай бұрын

Tesla peeps love Rivian

Bullish

great truck bad price

Already outdated and better cars on the market. Talked alot delivered little. Investing with losers? no thank you.

Your cars are too damn expensive

Stock is down over 20% today after a 1.5 billion capital raise and not so good guidance. Pretty sure the CEO said a few months ago they were not going to need to raise cash for the next 12-18 months. Thanks for the lies RJ you just confirmed what I already know...never trust anyone!

@timflynn5562

7 ай бұрын

You knew they were going to need to raise cash eventually.. why does it matter on when it is? They have $9B+ on hand right now. An opportunity to raise cash is always wise to take if you know you’re going to need it eventually. These convertible notes should only dilute the stock by 7ish percent. Big oversell on the stock today

@daverobertson5962

7 ай бұрын

@@timflynn5562 then RJ should just keep his mouth shut. Telling people they will not need to raise cash for the next 12-18 months and then doing it a few months after the interview is an outright lie.

@daverobertson5962

7 ай бұрын

@@elroy-kq7we Maybe, is it so much to ask a CEO not to be misleading.

@hurlentropy6866

4 ай бұрын

Doesn't matter. Don't expect to get rich quick. You either invest or you do not. Don't complicate life with feelings. The data will speak for itself

Piece of crap for 80K