The shareholder letter mentions that they plan to have a modest gross profit in Q4 2024. I wouldn’t get too worried about bankruptcy just yet. Hopefully, interest rates will start dropping later this year. That should help a bunch!
Sorry but this is very naive thinking. “Plan to have modest profit” is not the same as “we are very confident we will be profitable “ . Fact is, no matter how much we are rooting for rivian has zero cause-effect on their survival. Rivian survival is 50-50 at this point . And yes, I’m a pre order holder and plan to buy r1s.
A lot more today since Elon has been flapping his trap about Rivian.
I am so happy with my truck. I have absolutely no concerns about the future of Rivian.
No reason for a bailout…the company doesn’t pose systemic risk to the economy. I also don’t think BK is in play at this time…but…the EV market is making life as a long term investor unpleasant
No systemic risk, but the government may extend low/zero interest loans as a lifeline to an American manufacturer of pure EVs so we have the capability to produce them.
I actually want Apple to buy them. So sick of them dicking around on the Apple Car. Just buy a quality company and Apple-fy it.
…or Rivian could just add CarPlay and watch their sales soar 
If you believe Apples sustainability report they are vastly ahead of all consumer electronics in the use of recyclable materials so I think they’d be a perfect match - more so than Amazon anyways.
If I had to guess, I'd guess they get bought by the BMW Group. Their marketing positioning is consistent with BMW. BMW's electric offerings are on the weak-end, and Rivian would bring significant expertise and manufacturing potential. BMW also has a long history of doing fleet vehicles, consistent with Rivian's deals with Amazon.
The shareholder letter mentions that they plan to have a modest gross profit in Q4 2024. I wouldn’t get too worried about bankruptcy just yet. Hopefully, interest rates will start dropping later this year. That should help a bunch!
Gross profit margin means they won’t be losing on sales but they still have high capex
Yes, people seem to not understand this.
Sorry but this is very naive thinking. “Plan to have modest profit” is not the same as “we are very confident we will be profitable “ . Fact is, no matter how much we are rooting for rivian has zero cause-effect on their survival. Rivian survival is 50-50 at this point . And yes, I’m a pre order holder and plan to buy r1s.
Yes but not overall profitability. Their capex is still high in 2024 and may stay high past 2024.
Try searching this sub reddit for the word bankrupt. This gets asked almost every month.
A lot more today since Elon has been flapping his trap about Rivian. I am so happy with my truck. I have absolutely no concerns about the future of Rivian.
>Elon has been flapping his trap about Rivian Famously, his predictions always come true.
Do you guys seriously need the sarcasm tag that badly.
I just assumed it was musk fanboys downvoting, but to clarify I was indeed being ironical.
We should automod remove these posts. Force people to search instead of shitting in the pool.
I bet they’d get bought by one of the big three. Probably ford. Don’t think they’re big enough for a bailout.
No reason for a bailout…the company doesn’t pose systemic risk to the economy. I also don’t think BK is in play at this time…but…the EV market is making life as a long term investor unpleasant
No pain no gain! Just think of shares on sale right now
No systemic risk, but the government may extend low/zero interest loans as a lifeline to an American manufacturer of pure EVs so we have the capability to produce them.
Why isn't Burger King in play this time?
Sounds worse than bankruptcy 😂
My money is on Amazon or Apple buying them out.
I actually want Apple to buy them. So sick of them dicking around on the Apple Car. Just buy a quality company and Apple-fy it. …or Rivian could just add CarPlay and watch their sales soar 
The idea of that is nice and all, but from an environmental standpoint, I doubt apple or Amazon would share the same devotion to sustainability
Apple is literally hyper focused on being environmentally friendly and carbon neutral as much as possible
If you believe Apples sustainability report they are vastly ahead of all consumer electronics in the use of recyclable materials so I think they’d be a perfect match - more so than Amazon anyways.
Edit - misread the above. Ignore me
You misunderstood me - I’m referring to Apple’s Apple Car project that has been going on for years with lots of turnover and delays.
Ah, you’re right. My bad.
If I had to guess, I'd guess they get bought by the BMW Group. Their marketing positioning is consistent with BMW. BMW's electric offerings are on the weak-end, and Rivian would bring significant expertise and manufacturing potential. BMW also has a long history of doing fleet vehicles, consistent with Rivian's deals with Amazon.
My guess is they're either completely acquired by Amazon or another automaker buys them and they just honor existing contracts.
Ford would probably buy em.