If it's bigger than a Ford Ranger designed for Range Rover tastes, then it'll be too little too late

They should have started with this instead. I don't understand why these companies are surprised by the low demand when they launch themselves with a product the middle class cannot afford.

I prefer the C3PO model.

It’ll likely never happen. They can’t make money on $80,000 + new vehicles so how can they profit on cheaper cars? They only have enough cash to operate another 1.5 to 2 years at their current burn rate, and raising anymore money would be extremely costly to them.

Invest

​@YouAreTheAverage They lose a massive amount of money per vehicle produced.

@@sam_s_ Every new company does. Tesla lost money for a long time too.

I don’t understand people who only pay attention to have someone talks, but not how someone behaves. Actions speak louder than words, and Tesla has been profitable and popular for really long time. Rivian still has a long way to go.

It’s called - being a huckster. His whole job is to find and relieve suckers of their money by convincing them to invest in and buy their products. This company’s products do not solve any problems, any better than the existing market’s offerings. Their marginal costs of goods are higher than the fair value (price) of the vehicle. An existing ICE-powered truck can do everything a Rivian can do at a lower purchase price and lower total cost of ownership. So, there’s no practical reason to buy it - the only sales are coming from foolish buyers that wish to virtue signal and brag on instagram. They talk about selling vehicles at lower price points (the sweet spot according to the CEO) - but that segment mostly lives in apartments- but he says you need to recharge at home - oops. That’s a major malfunction and a mismatch of target market and product requirements. Here’s another issue - the truck weighs 8,500lbs! That makes it a 3/4 ton truck - but - the dimensions are that of a half ton truck. This truck will damage the roads much more -than normal sized vehicles - but not pay a dime in road taxes - and will have a deadly impact on anyone involved in a traffic accident with a Rivian truck. So much for being a friendly product- it sticks us with accelerated infrastructure costs and creates higher risk we’ll get hit by one and die from the impact. These are inconvenient FACTS these huckster don’t talk about. Rivian will be bankrupt within 2 to 3 years.

Exactly. Should have had a sponsored warning.

That’s about 90% of what Forbes does

@@nam3go3sh3r3 And it worked, people watched the ad and bought shares / calls, then Rivian announces lay offs and JP Morgan downgrades its out look for RIVN this morning ( hit piece ). Boom Stock plummets to 11 and change and Big money toasts to the new bag holders......

That's a lot of "journalism" nowadays. Either they try to sell you propaganda or they try to sell you ads. No wonder polls have them at around the trustworthiness of car salesmen.

@@2wheel_freedom hahah.. you're a funny guy.. The shares are dropping like stones because everyone is selling, not buying.

Yea..............WAAY better................Wish Them success..............Paul

Agreed

Yeah, wait to buy a used one so you can spend $25+k on a replacement battery. Used EV's are just like old cell phones- useless

Exactly. All these EV makers seem to be thinking making the EV available at the average car price is reasonable for mass adoption and the math may support that thinking, but to get people’s attention it’s going to have to be not just technologically groundbreaking, but overwhelmingly economically groundbreaking to the point overall ownership is readily evident to the mass consumer that it costs less. Right now you have sit around with spreadsheets and calculators sorting out or trying to find if the purchase makes sense. Extreme and currently unrealistic example, but imagine if the R1 and these others evs came out with all the features and quality they have and were sold for $20,000- the adoption rates would be insane.

25k for a new car? Won’t get you much..

@@Helojet1999 used is new for me.

Ever heard of economies of scale?

most pickups aren't used for towing more than 11k lbs which this can do. almost all f150, ram 1500 and sierra 1500 owners should have a smaller truck and they know it but ego is in the way.

they are actually at 2016-17 tesla now and have done a great job

R2 will be the first Rivian other than the delivery van to be offered in Europe! You may not have to wait too much longer!

@@MikeKantorskiTech Yes the other vehicles are too big and too expensive for Europe and the rest of the world.

rivian is not doing particularly well at the moment. take a look at the stock price.

What needs to be serviced on an electric vehicle ???

Can't you just go to any mechanics who specialized in EVs?

@@Smileydudekxy Most likely fixing manufacturing defects/issues like leaks, panel gaps, etc.

Wait until your battery needs replacement 😂

@@Smileydudekxygo ask Hertz - maintenance and repair costs were the key reasons they had to sell off a huge portion of their EV fleet. And that was from Tesla- the other brands are even worse. The vehicles are much more complex than you think and anything that fails will be very expensive to fix and result in long wait times for parts and labor.

Yes. They paid Forbes for some promo.

Agreed, I'm tired of Elmo's rants.

Current Tesla stock price : $194.77

The CEO that doesn’t understand that his tech-centric demographic, mostly located in dense cities, aren’t typically privy to a 220v at-home breaker to allow for charging… at home. He also forgot to consider that most of their clientele won’t pay 100k for a vehicle when they live in a ride-share and public transport hub. Definition of competent

@@cory8837 The CEO that doesn’t understand that his tech-centric demographic, mostly located in dense cities, aren’t typically privy to a 220v at-home breaker to allow for charging… at home. He also forgot to consider that most of their clientele won’t pay 100k for a vehicle when they live in a ride-share and public transport hub

@@cory8837 then don't listen

Now you just need to make a country worth staying in ... and leave us tf alone

Theres no information about it, its being revealed on march 7th

i imagine you have a lot more money than the average American...the point being is that...

@@sl123sland?

@@dhruvb38 exactly...what is his point ...not sure?

For real. Bring on the chinese evs.

Chinese EV would bring competition back in the US. I was weary at first but I think it’s the only way to lower back these so called “lower” prices vehicles lol

I think they're planning on building factories in Mexico. To avoid tariffs or whatever.

It actually isn't. In fact a 40k car is slightly cheaper than the transaction price of a new car in 1985. In 85 the average transaction price of a new car was roughly 15k which in today's money would be 43k. Then when you add the fact that in 1985 the average APR on an auto loan was 13% and today it's 7%. This would mean that in today's money that car in 1985 would cost 9k more so in just interest alone car prices are significantly lower now than they were 40 years ago.

@@kenyattaclay7666 I guess it just goes to show that buying a new car has always been a precarious financial decision.

agreed

Yeah, he does

Musk is not the only name in the EV game

What - the Rivian CEO likes censorship and race baiting??

Current Tesla stock price : $194.77

Based on what? Him talking about his product doesn’t tell you anything about his character

How about same car, same price as a new Forester....$30------$40............Paul

Buy a house...................Paul

Agreed on both of your statements. Rivian's survival depends on how many delivery vans/trucks Amazon is willing to purchase. And, Amazon is doing the EXACT same thing consumers are doing...."maybe it's more expensive short term, but in the long term, am I saving money?" "What's the service schedule and costs look like?" "What's the parts supply and fix-it timeframes?" If Amazon doesn't find those answers appealing, Rivian is done. Secondly, yes, Rivian hasn't shown a consumer vehicle to be profitable yet....and interestingly enough, Tesla has been in the business longer and they are, but they've burned through a massive amount of cash to get to this point and their recalls are starting to show quality may not be there; Ford just showed where they're losing money on every EV they sell...so, there's nothing written in stone that Rivian is going to survive.

​@joejoe-bs6jq I think, the difference between Rivian and Ford is that consumers buying an EV from Ford can be sure that the parts, service, and support will be available, even if Ford loses money on EV sales. This is, of course, because Ford is sustainable through non-EV profits. Rivian, on the other hand has no fallback, if it continues to lose money on EV sales. Case in point: Rivian just announced a 10% layoff. What we need, IMHO, is another Kia to enter the EV market - then, the price of the EV9 will decrease to a reasonable level.

I honestly think $40K starting for the R2 is still pretty high

Better yet....$30-----$40................Paul

More than 95% of current EV owners recharge at their homes overnight. Since you can be eating dinner, sleeping, spending time with your family, it actually takes no time at all. And you're only replenishing the energy used during the day. Not recharging the entire battery. Given the average commute of most Americans this equates to about 1-2 hours of charging at a medium-speed L2 home charger per night. Or one full overnight charge per week. This is at a L2 home charger. Fast chargers can replenish that (obviously) much faster. Let's look at it another way: Let's say it takes you 3 minutes to fill your tank. Let's also assume it takes another 7 minutes for you to deviate from your normal commute to work. That's 10 minutes, unless you also go inside to pay or get a coffee. 10 minutes per fill-up. And let's say you fill up once a week. That's 10 minutes a week, or about 40 minutes a month, 520 minutes a year. I spend 0 minutes to charge my EV. Yes, ZERO. I charge overnight when rates are lower and the grid isn't as taxed running air conditioners, ranges, ovens, and clothes dryers. I get up every morning and my car is magically ready to take me wherever I want to go that day. I commute 55 miles one way. That is WELL over the average commute in the US at 20.5 miles. My Rivian handles that easily with plenty of charge to spare in case I need to run errands, take a long lunch, or go out in the evening. For everyday use, there is NO comparison. EVs are cheaper and more convenient, with ZERO minutes spent at a gas station. But the anti-EV faction concentrates on long-distance road trips, because that's all they have.

Love Rwanda, deep pity about their current role in the genocide in Congo

@@toyotaprius79yeah sucks man, that the government is supporting m23

Where in the world are you? What type of vehicle do you need...need...not want ?

How would I take my kids to school on an e-bike? How would my mom carry her groceries home from the store on an e-bike?

@@TheRealLaughingGravy there’s lots of great cargo e-bike options now. Riese & Muller have an ebike that seats 3, Tern just released the Orox that can haul 400lbs of cargo and seats a kid.

I would guess its the interior is also a factor. While spartan, it is not nearly as spartan as the tesla. I also think its pitch as a somewhat modular outdoorsy EV is appealing to many people

It’s the Tesla playbook, first make cars with high margins (Roadster, S) then the mass production (3)

You poor that's why 😅

100% agreed. I owned the Jaguar I-Pace which was an EV but had a range of 230 or so. During summer trips on highway, using the AC the range was greatly reduced by about 40-50 miles. I lasted only one year with before I traded it and went back to gas powered. A lot of people dont know that EV's do not have compressors therefore the AC does not run as cold as a gas powered car and when parked the AC does not cool. Very frustrating.

Until it runs out of battery 5 miles into the trail

@@WizardnilBEVs are incredibly efficient at low speeds as all torque is available immediately. Conversely, ICE vehicles are more efficient at high speeds, and not so much at low speed crawling. BEVs are less efficient at high speeds, but on trails you’ll be better off with off-roading EVs

Seems that would be more user error, not vehicle error.... @@Wizardnil

​@@Wizardnilif you don't plug it in then sure. I doubt these will be used for trails anymore than your average SUV though. Personally, I would just take it to the pumpkin patch once a year. Not challenging conditions, but a standard sedan will high center on the asphalt leaving the farm.

@@Wizardniloh god dude that wouldn’t happen give me a break

model y is literally the best selling car in the world right now at that price lol

R2 isn't expected to go into full production until 2026 so it will almost certainly have the NACS charge port.

Even still Tesla is working on adding magic dock to their network so CCS cars can charge too.

@@kng128 That would be nice if they were all magic dock. Tesla even has a home wall connector now that's CCS and NACS. Great if you have friends and family over that need to charge.

Nothing.....They are already Rivian People/salaried..................Paul

Or what?

@@ericjarvis3051or what? look around, for the sake of competition (read profit) every new car is inflated unnecessarily, weight, size, bells whistles, and cost inflation included. Inflation is created by market wide profiteering fyi Look around, new car sales are not looking good and reliant on leasing, consumer confidence is only surface deep, tens of thousands are slipping into poverty every day - and the only EV pickup trucks available are giant fashion statements for the sons of the boss if we seriously sompare at what the Ford Maverick is. A repeat of 2008 is inevitable, especially with that HUMMER EV shamelessly paraded as Amercia's height of ingenuity

@@toyotaprius79 I agree that some manufacturers seem to have gtotten a bit greedy lately but I made that comment in jest over the ridicoulous "it better be " comment of yours. Or what?... you're not going to buy one? You're gonna firebomb the factory? stupid comment

Lucid is also own by Saudi trust fund. But both Rivian and Lucid down like 90% on their stock.