This one is an interesting twist. The company has a good product, but has yet to reach the profit zone. With a new car out, they cut marketing, sales and customer support to squeeze operating costs and get closer to the net profit target. Timing is being criticized but it may be the core operations focus they need, cut off the dead weight and focus on what makes the money up front. I'm still pro-RIVN, but I'm not a blind cult fan either with investing.
pull down to refresh
Tesla > Rivian
I think the price point is too high. Only. Upper class Americans can afford their cars.
Unless they have a cheaper option. If they do they are doing a terrible job with marketing.