Reconsidering My CT order, YouTube Reviewers stating it's another Edsel, worst new car flop ever

[Kengineer]

I’m not here to save souls, that’s work for Jesus. As you were, Sir.

Ok yeah, no idea how souls got into this conversation but “as you were” to you too.

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[scottf200]

Rivian is not anywhere close to competing with CTs. Rivian will be bankrupt within years and their [nice looking] trucks will be obsolete with no company in business backing them.

This is but a small, infinitesimally small tidbit about them:

"Rivian's Financials
Revenue and Losses:
Revenue: In Q2 2024, Rivian reported revenue of $1.12 billion, surpassing estimates of $1.01 billion.
Net Losses: Rivian continues to report significant losses, with a net loss of approximately $5.43 billion for the last reported year. The company has been losing around $1.5 billion per quarter, or roughly $100,000 per vehicle sold.
Gross Profit: Rivian achieved a positive gross profit in Q4 2024, a milestone indicating progress toward profitability. However, gross margins have been negative for multiple quarters prior, with an improvement of $35,000 gross profit per vehicle delivered in Q2 2023."

If you want to know more, ask your own favorite AI, or use the ancient art of executing your own Google searches your self...and you will see the light...which is none, for Rivian...

Why do people not take into account Tesla's early years and how close they were to not making it.

 

[kpanda17]

Why do people not take into account Tesla's early years and how close they were to not making it.

we all know, Elon is very vocal about it, old news

 

[Kengineer]

Why do people not take into account Tesla's early years and how close they were to not making it.

Yeah car business is hard and Tesla was the first new car company in many years that did not fail. All new company including Rivian will more likely fail than succeed.

 

[scottf200]

we all know, Elon is very vocal about it, old news

Yeah car business is hard and Tesla was the first new car company in many years that did not fail. All new company including Rivian will more likely fail than succeed.

Obviously I was responding to Bridgeboy69 who was talking about Rivian financials like Tesla didn't have questionable ones in its early existence. People bashing Rivian financials are purposefully being naive or just new to Tesla.

 

[Bridgeboy69]

Obviously I was responding to Bridgeboy69 who was talking about Rivian financials like Tesla didn't have questionable ones in its early existence. People bashing Rivian financials are purposefully being naive or just new to Tesla.

But Tesla is not primarily a car company. Never has been. It's cars are a means to an end: General Aritificial Intelligence. That is the end product. And they have so many other revenue streams as well.

Rivain, has, well, a truck, that currently sells for a $100K loss each.

But you are right that they may not go out of business. Grok gives them a better chance to stay in business, than not:

Conclusion
Rivian’s bankruptcy risk is estimated at 16–37% within 24 months, with a lower probability (0.13–24%) in the next 12 months. The chance of going completely out of business is less certain but likely 10–20% in the short term and 10–30% in the medium-to-long term, assuming no major operational failures. Rivian’s survival hinges on reducing cash burn, launching the R2, and leveraging external funding. While risky, its resources and partnerships give it a fighting chance to avoid both bankruptcy and liquidation.

 

[Bridgeboy69]

Why do people not take into account Tesla's early years and how close they were to not making it.

Also a big difference in the order of magnitude of losses:

Rivian Automotive, Inc.'s yearly losses, based on available data up to April 15, 2025, are as follows:

• 2023: Rivian reported a net loss of approximately $5.43 billion for the full year, according to financial analyses and reports.
• 2022: The net loss was approximately $6.75 billion, reflecting higher losses due to earlier stages of production scaling and operational inefficiencies.
• 2021: Rivian recorded a net loss of about $4.69 billion, driven by pre-production costs and initial vehicle deliveries.

 

[dalton108]

Obviously I was responding to Bridgeboy69 who was talking about Rivian financials like Tesla didn't have questionable ones in its early existence. People bashing Rivian financials are purposefully being naive or just new to Tesla.

Agree. It was obvious and apt.

 

[scottf200]

But Tesla is not primarily a car company. Never has been. It's cars are a means to an end: General Aritificial Intelligence. That is the end product. And they have so many other revenue streams as well.

Tesla very recently went down an AI 'company' route. Look at their early master plans (URL). Build expensive cars up front ... then build smaller cheaper cars. You are late to all this only only look at the past year. I can't take you seriously at all with those types of remarks ignoring history and facts.

Rivian obviously also has the work van (EDV) that Amazon and others are now using besides their R1T/truck and R1S/SUV. Obviously they are working on their "Model 3/Y" moment with the R2/R2X/R3/R3X with the R2 being built in Normal IL initially as all the images and videos are showing in the past month.

The Rivian EDV (Electric Delivery Van) and ECV (Electric Commercial Van), also known as the Delivery, are a line of battery-electric cargo vehicles built by Rivian. Initially they were exclusive to its investor Amazon, which uses the EDV for package delivery, but in November 2023, sales were opened to other companies as the ECV / Delivery, with minor cosmetic changes.[1] The EDV and ECV use the RCV (Rivian Commercial Vehicle) platform, which is derived from the R1 platform that underpins the manufacturer's R1T pickup truck and R1S sport-utility vehicles, and is built in three sizes. Specific models (ordered by increasing size) include the EDV/ECV-500/Delivery 500, EDV/ECV-700/Delivery 700, and EDV-900.

 

[Bridgeboy69]

Tesla very recently went down an AI 'company' route. Look at their early master plans (URL). Build expensive cars up front ... then build smaller cheaper cars. You are late to all this only only look at the past year. I can't take you seriously at all with those types of remarks ignoring history and facts.

Earlier you mentioned about certain people being either purposely being naive, or new to Tesla. But who really is being naive? Do you think Tesla would come right out and say "We want to use human drivers of our cars, with cameras all around, capturing their every move, as free human data streams to teach our super computer, Dojo, to learn how to drive and later become an AGI based upon all this data?"

You think they would just announce that to everyone? To all their future customers? To all their potential competitors?

That would be akin to Satoshi Nakomoto announcing publicly, in 2009, (almost same time frame) to all the governments in the world, and the Central Banks, that his Bitcoin protocol would someday be so decentralized that they would eventually be powerless to do anything about it. (Which they are now...but only because it was able to grow low-key in grass roots fashion before they became aware, but then it was too late to do anything about it...).

TESLA now has a moat so large no competitor can ever hope catch them. They are decades ahead in FSD learning and AI. They are the only ones with a huge supercharging network. Gigafactories building batteries, I mean, I'm sure you know all the facts...so no need for me to regurgitate them here...

All this said, yes, Rivian could survive as a car/truck company. But it's a risky bet and I would never dream of buying one on the off-chance they don't go under. And they can't drive themselves, because of, well, that FSD technology moat that Tesla commands...which they could potentially license from Tesla one day.

 

[Urander]

https://www.amazon.com/dp/B0DK6QHT8N

Just wanted to share that our screen protector is on sale 40% Off! We're actually taking a $8 loss on each unit sold on Amazon - mainly because we overproduced and Cybertruck sales haven’t been as strong as expected.?

Our screen protector is now on sale—get both front and rear for under $30! Try it out, and we’re sure you’ll love it!

 

[Bridgeboy69]

https://www.amazon.com/dp/B0DK6QHT8N

Just wanted to share that our screen protector is on sale 40% Off! We're actually taking a $8 loss on each unit sold on Amazon - mainly because we overproduced and Cybertruck sales haven’t been as strong as expected.?

Who buys a screen protector for their fixed-in-place smart screen in a Tesla? What is it protecting from?...in case you drop it? ?

It's a useless product. Piggy-backing on the smart-phone screen craze of low-IQ people thinking that everything made of glass must have some sort of after-market covering on it... ?

 

[Urander]

Who buys a screen protector for their fixed-in-place smart screen in a Tesla? What is it protecting from?...in case you drop it? ?

It's a useless product. Piggy-backing on the smart-phone screen craze of low-IQ people thinking that everything made of glass must have some sort of after-market covering on it... ?

Fair point! it’s not about drop protection, but reducing fingerprints, glare, and reflections, especially with the white interior. Not essential, just a small upgrade for a cleaner, more comfortable drive.

 

[Bridgeboy69]

Fair point! it’s not about drop protection, but reducing fingerprints, glare, and reflections, especially with the white interior. Not essential, just a small upgrade for a cleaner, more comfortable drive.

OK, so less glare, apparently.

 

[Kengineer]

https://www.amazon.com/dp/B0DK6QHT8N

Just wanted to share that our screen protector is on sale 40% Off! We're actually taking a $8 loss on each unit sold on Amazon - mainly because we overproduced and Cybertruck sales haven’t been as strong as expected.?

OK, so less glare, apparently.

Usually I don’t fall for ads but it worked this time. I ordered.

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