How Rivian Became the Anti-Tesla

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Rivian has a new plan to bring its electric vehicle to the masses and it has a new source of cash.

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How Rivian Became 0:01:01

How Rivian Became the Anti-Tesla

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I got a stronger charging lock to stop the Karen’s! 😈

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This sounds interesting - can't wait

ccsims
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In 1Q24, Rivian's loss per vehicle was over $100, 000. As proof... in 1Q24, Rivian lost $1.4 bill. Rivian sold 13, 588 vehicles. Rivian's GAAP loss clearly works out to $103, 032 per vehicle. Rivian's inability to reduce its massive losses is why Rivian is headed for certain bankruptcy. VW deal doesn’t change anything for rivian

luckylenny