[kiltedpanda]

"Rivian is shipping. Infinitely better than something that's not."

Even if they're losing $33k per vehicle? (See 2Q23 shareholder letter). Note this does not include R&D, CAPEX or SG&A. Was it infinitely better for WeWork to ship something than not?

"will be an important failure to rein in Musk's fantastical thinking" Why would it fail when there are >2m pre-orders and a a 5 year waitlist?

[heleninboodler]

Those pre-orders are based on fictional pricing and fictional delivery date. I don't doubt that they'll sell all 180k cybertrucks they expect to make in the next 18 months (novelty factor goes a long way with people who have gobs of discretionary income), but I'd be willing to bet a lot of the "2 million" preorders are people who, like me, simply haven't canceled theirs yet but will when it's time to shell out whatever crazy price is announced for a truck that doesn't meet the promised specs.

[kiltedpanda]

So Rivian aims to produce 50k vehicles this year and that includes the delivery vans. AND they lose $33k per vehicle.

Even if Tesla 'only' delivers 180k cybertrucks in 18 months, and at a profit, they will still be far in the lead in the EV truck race.

To characterize the Cybertruck as some kind of failure or folly is not congruent with the facts.

[r00fus]

Honestly you sound just like the Tesla doubters 5-10 years ago.