?Rivian has another distinction. It lost $1.7 billion last quarter. That loss level is usually only posted in bad quarters for the world’s largest car companies. Rivian did it as one of the smallest.Rivian faces several buzz saws. The most powerful of these is the Ford F-150 Lightning. It is the electric version of the top-selling vehicle in the United States. This is a distinction the F-150 has held for decades. Ford likely has at least 6 million of these on the road, giving it a massive customer base to which to market the Lightening.
I do like them except the headlight placement. It’s all I can see!I've seen a few are here and personally I think they're ugly. Maybe they drive well and have some good features but I just don't like the looks of them.
Also, with these kind of losses, they probably won't survive another year.
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Well read an article yesterday about them. Their losses this past year total out to 1.8 Billion! That is nothing more than poor management and business decisions. The downward spiral is now engaged.Rivian is an amazing truck. But it’s not easy making a new car company survive, and this news shouldn’t come as a surprise. Always fascinating to me how so many people are so quick to marginalize someone who is able to accomplish something so difficult.
Musk didn't start up Tesla, but he did turn it into its mega corp. it is now.Well read an article yesterday about them. Their losses this past year total out to 1.8 Billion! That is nothing more than poor management and business decisions. The downward spiral is now engaged.
Now let’s take Musk as another example. He was almost in the same position when he started up Tesla. He rolled up his sleeves and got onto the floor and started to realize that his demise was going the same way unless drastic measures and changes were made. A very bumpy ride but they did make it.
Rivien isn’t doing anything close to that drastic to correct their deficiencies. They seem content on the path they’re on. Total failure.
That's the issue that kept me from clicking the reservation button when they were first revealed . I couldn't get the mistake the other designers had with the front end outta my head ,lol .I do like them except the headlight placement. It’s all I can see!
Always risky to by a new generation anything. I think they will see quality issues surface much sooner than anyone expects.Well read an article yesterday about them. Their losses this past year total out to 1.8 Billion! That is nothing more than poor management and business decisions. The downward spiral is now engaged.
Now let’s take Musk as another example. He was almost in the same position when he started up Tesla. He rolled up his sleeves and got onto the floor and started to realize that his demise was going the same way unless drastic measures and changes were made. A very bumpy ride but they did make it.
Rivien isn’t doing anything close to that drastic to correct their deficiencies. They seem content on the path they’re on. Total failure.
I've seen a few are here and personally I think they're ugly. Maybe they drive well and have some good features but I just don't like the looks of them.
Also, with these kind of losses, they probably won't survive another year.
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