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by tomcam 1203 days ago
Can you translate that for me?
1 comments

They sell the delivery trucks at cost, we're going to try to make that cost lower so we won't lose money on each one sold.
Is "cost" set at the original date of the agreement? Otherwise lowering cost wouldn't help. (or this is a joke I'm whiffing on...)
Currently the price is approximately equal to the cost, but presumably there's nothing in the contract with Amazon saying that if Rivian's costs go down then the price to amazon goes down.
Except for their 22% ownership stake
Thank you