[ChicagoConservative27]

Just like the electric F-150....

[NWFree]

I’m sure this is all good and TeslaGator will tell us why

[FLNittany]

If the “market leader” loses $33K on each vehicle it manufacturers, what does that say about “the market?”

[Red Badger]

That’s not a very good business model.........................

[Tell It Right]

Translation: We need gubment money.

[Pearls Before Swine]

They are nice looking vehicles. I’ve seen a couple around town.

[elpadre]

“..loses an average of$33,000 on every vehicle sold...”

and that is after receiving how many taxpayer subsidy dollars for every vehicle sold????

[eyeamok]

Maybe they can make it up in volume...

[Newtoidaho]

If this doesn’t scream “xidenomics” I don’t know what would.

[rktman]

They are not going to lose money one way or another. BranDUHn bux will make it up.🤬

[Honest Nigerian]

How many vehicles to reach break even?
I guess their business model was approved by Janet Yellen. Or Ben Bernanke.
These companies who use “conflict minerals” should try naming their vehicles/products after famous people connected to slavery.
Can we have a few candidates for these autoMao-bile makers?

[lurk]

No problem. We can cover that deficit from our infinite Federal funds.

[Alberta's Child]

Even if I loved the vehicle and was willing to pay a premium for it, I’d never buy a Rivian for one simple reason: I’d have no confidence that the company will still be in business a year from now if I need to buy parts for repairs.

[Boogieman]

“struggled with producing electric vehicles (EVs) that can accomplish tasks their gasoline engine counterparts handle with ease”

Gee, you mean needing to carry a battery that weighs almost as much as the rest of the vehicle doesn’t lend itself to hauling cargo?

[BobL]

“Rivian Loses $33,000 for Every Electric Pickup Sold”

Doesn’t matter, the point is to SEND A MESSAGE.

[adorno]

The company reportedly loses an average of $33,000 for every truck it sells.

It's okay, because they can make up the losses with volume sales, and most importantly...

with the feel-good emotion they get by supporting the green agenda.

[fruser1]

So if I go to a bank and say my business plan includes selling a product that loses money...

[armourenthusiast]

If our woke masters are going to eliminate the gas engine autos that we like, we should probably get serious about hoarding them to ourselves.

[Menehune56]

But they make it up on volume? (old joke)

[Ronaldus Magnus III]

Just like Solyndra. These companies will make a product as long as someone will pay them. Once the government spigot goes dry, they will stop. Just last month a German car manufacturer announced they were halting production of 2 EV models. Buried in the article was the information that government subsidies had ceased. There is no market for these contraptions. If and when private equity invests, then there might be a market.

[MrBambaLaMamba]

The important point to focus on is the percentage of Rivian executives, investors and employees who identify as LGBTQIA+.