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Message
Rivian loses $33k / car
Posted on 10/3/23 at 10:46 am
Posted on 10/3/23 at 10:46 am
story
"All that comes at a cost. Rivian vehicles sell for over $80,000 on average. Yet they’re so expensive to build that in the second quarter the company lost $33,000 on every one it sold. That’s roughly the starting price of a base model Ford F-150."
will they survive?
"All that comes at a cost. Rivian vehicles sell for over $80,000 on average. Yet they’re so expensive to build that in the second quarter the company lost $33,000 on every one it sold. That’s roughly the starting price of a base model Ford F-150."
will they survive?
This post was edited on 10/3/23 at 10:53 am
28
Posted on 10/3/23 at 10:47 am to dr
quote:Chances are about 33%...
will they survive?
Posted on 10/3/23 at 10:47 am to dr
quote:
will they survive?
quote:
the company lost $33,000 on every one it sold.
Seems unlikely, doc.
Posted on 10/3/23 at 10:47 am to dr
Friend,
Amazon lost a ton of money before making a profit. Will they survive? We shall see. So far, we are down in the five figures on their stock.
Yours,
TulaneLSU
Amazon lost a ton of money before making a profit. Will they survive? We shall see. So far, we are down in the five figures on their stock.
Yours,
TulaneLSU
Posted on 10/3/23 at 10:48 am to dr
quote:
will they survive?
I hope so.
I really like the look of their trucks.
Posted on 10/3/23 at 10:48 am to dr
Loose margins sink companies
Posted on 10/3/23 at 10:49 am to dr
They never should have nuked their relationship with Ford. That was always going to be the way they could learn how to mass produce cars without burning a shite ton of capital.
Posted on 10/3/23 at 10:49 am to dr
Thank God they aren't losing that kind of money.
Posted on 10/3/23 at 10:51 am to dr
quote:
will they survive?
Not unless people will start buying them for 120k
Posted on 10/3/23 at 10:51 am to dr
quote:
Rivian looses $33k / car
Posted on 10/3/23 at 10:52 am to dr
quote:
Rivian looses
Dated a girl named Rivian. Can confirm, was like swinging a hot dog in a closet.
Posted on 10/3/23 at 10:52 am to billjamin
that was a weird thing,
seemed like a good match, could have made a joint rivian/f100 light truck, and ford had the experience and the factories
seemed like a good match, could have made a joint rivian/f100 light truck, and ford had the experience and the factories
Posted on 10/3/23 at 10:53 am to TulaneLSU
quote:
Amazon lost a ton of money before making a profit. Will they survive? We shall see. So far, we are down in the five figures on their stock.
Amazon received cash infusions for their company since they were fleshing out their AWS offerings which is where they make their money, not Prime.
Posted on 10/3/23 at 10:54 am to TulaneLSU
Friend,
Playing the market sounds dangerously close to gambling. Does Mother approve of such shenanigans?
Yours,
GF1
Playing the market sounds dangerously close to gambling. Does Mother approve of such shenanigans?
Yours,
GF1
Posted on 10/3/23 at 10:55 am to dr
quote:
will they survive?
Hopefully not
Posted on 10/3/23 at 10:56 am to dr
quote:
seemed like a good match, could have made a joint rivian/f100 light truck, and ford had the experience and the factories
I honestly thought Rivian was going to become their EV division and we would only see all their EVs under that product line. Ford was a big early investor and then one day it just blew up.
Posted on 10/3/23 at 10:56 am to dr
They’re selling low but making it up on volume!!
Posted on 10/3/23 at 10:57 am to Roberteaux
quote:
Hopefully not
I don't want to see Rivian die. Those are incredibly well designed vehicles and outside a few NewCo growing pains, their build quality is up there with the best.
Posted on 10/3/23 at 10:59 am to dr
quote:
will they survive?
I assume the feds are massively subsidizing this company
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