FutureTrunks
Active member
- First Name
- Jewelrean
- Joined
- Oct 21, 2020
- Threads
- 3
- Messages
- 29
- Reaction score
- 20
- Location
- Oklahoma City
- Vehicles
- 2018 honda accord, 2021 Ford Bronco
- Occupation
- Manager
55.4k orders now.
Sponsored
They know all of that so they are trying to sell a culture. People payed more for Starbucks coffee to feel cool and make sure everyone else knows they are cool. They got to meet other cool people while they were drinking their hot coffee. Once people see those headlights they know you are hip, happening and out there to save the planet and you are immediately part of the club. People still drink Starbucks coffee even though there are tons of other options. Rivian does not have to be the best EV. It just needs to be a good BEV replacement for ICE Jeep, Bronco, Tacoma and may be a little later for Subaru. If they establish the brand before those guys make a competitive EV, they may survive.I would sure love to hear from Scaringe what their plan is to make a profit in this market is. The current route they seem to be on is pretty bland and I don’t think they have a strong enough competitive advantage to make it. Tesla stole a march on the industry because they thought EVs were a joke (often literally) and by the time they figured out otherwise, Tesla was producing hundreds of thousands of cars/ month.
Rivian can’t sneak a march. The niche they are pushing for is actively being pushed into by major auto companies. Rivian has no manufacturing cost advantages. In fact Ford and Tesla have significant manufacturing leverage over Rivian due to existing product lines. Even their “First eTruck on the market“ advantage seems to be slipping.
Doesn’t really need to be creative, he can just make a private sale of some of his stake in SpaceX.There are Creative ways in compensation. Position on dividends are clear, no payout, money is reinvested into the company and R&D
This is not something that happened. At least, not from intent of Starbucks. Coffee culture pre-existed and Starbucks never charged more than others doing espresso.People payed more for Starbucks coffee to feel cool and make sure everyone else knows they are cool.
Starbucks coffee cost more than the coffee people make at home. Many started spending more time at Starbucks and as a result paid more for their coffee because they liked the atmosphere and they liked the coffee. Rivian is trying to produce a superior product and a pleasant atmosphere around it (Adventurous life style, social network powered by their hub in Venice and forever fund). I am not saying it is all fake and motivated only by profit. I am saying it is a formula that has been tried before and succeeded. Starbucks with good coffee but without a good atmosphere would not have been as successful. Rivian with a good product but without a mission and character will not be as successful either.This is not something that happened. At least, not from intent of Starbucks. Coffee culture pre-existed and Starbucks never charged more than others doing espresso.
-Crissa
Spaghetti is more expensive at an Italian restaurant than when I make it here.Starbucks coffee cost more than the coffee people make at home. Many started spending more time at Starbucks and as a result paid more for their coffee because they liked the atmosphere and they liked the coffee. Rivian is trying to produce a superior product and a pleasant atmosphere around it (Adventurous life style, social network powered by their hub in Venice and forever fund). I am not saying it is all fake and motivated only by profit. I am saying it is a formula that has been tried before and succeeded. Starbucks with good coffee but without a good atmosphere would not have been as successful. Rivian with a good product but without a mission and character will not be as successful either.
Do you disagree with my point or just delivery of my example?
Man, you guys are killing me with Starbucks crap. I use examples (may be not skillfully) to make my point more clear not to prove it. If you want to waste your time, waste it on my point not my example. Do you think Rivian will do just as well without the whole adventure, save the planet and social aspect of the business?Spaghetti is more expensive at an Italian restaurant than when I make it here.
Starbucks is not more expensive that local coffee places around here. There is very little or no Starbucks “Premium” compared to other coffee shops.
You are paying to have someone keep a fresh thermos of coffee on hand at all times so you can roll up and get some joe at a moments notice. The expensive options require someone brew it on the spot and turn a perfectly good espresso into a syrupy mess with 100s of calories.
Sorry, don’t mean to nitpick. Starbucks is “Premium” the same way In and Out is “Premium”. Better than what you find at the gas station anyhow.Man, you guys are killing me with Starbucks crap. I use examples (may be not skillfully) to make my point more clear not to prove it. If you want to waste your time, waste it on my point not my example.
I struggle with this. We already have premium auto brands. BMW‘s market cap is $66B for comparison. Tesla is smashing some of BMW‘s primary markets.Do you think Rivian will do just as well without the whole adventure, save the planet and social aspect of the business?
I for one am totally underwhelmed.55.4k orders now.
When we were building our house we lived in our RV for 18 months. Starbucks was good internet, relatively comfortable, heated space with some ok food and coffee. I could buy a “cup” of coffee and have it refilled all day while working.If you're cold and between shifts and you want a hot, tasty drink, you don't want to have to go all the way home to get it. And the idea of couches and stuff is because not everyone hast that in their homes, either, that's a space to get extroverted energy without all the work of being wealthy and or extroverted.
Right now there isn’t an iceberg. If they can’t figure out how to produce 1000 trucks a week, the only thing that’s going to be lurking below the surface in 60 months is their investor’s portfolios..Rivian has been very secretive on their future portfolio of vehicles. The rumor is they have some amazing vehicles that will be revealed in the next 60 months. The R1T and SUV are only the tip of the iceberg.