Finally got the analysis of Rivian's 2023 Results posted:
https://karenable.com/rivians-2023-results/
They will likely run out of cash by early 2025.
Do you think they will make it?
Rivian's 2023 Results
Re: Rivian's 2023 Results
Really interesting to see the numbers behind a company trying to break into large scale manufacturing.
"This feels quite long on corporate speak and platitudes"
Caused me a slightly disquietened lol as I was thinking exactly that!
"While the locations might be good for foot traffic, it seems a bit counterintuitive in terms of selling trucks and SUVs positioned against the rugged outdoor life Rivian features"
Isn't that Every lifestyle truck?
Maybe another car company that don't have their own EV truck capability that might be looking to invest in Rivian and badge engineer a quick addition to their lineup?
Automotive companies in general do seem to be the way to make a small fortune.
"This feels quite long on corporate speak and platitudes"
Caused me a slightly disquietened lol as I was thinking exactly that!
"While the locations might be good for foot traffic, it seems a bit counterintuitive in terms of selling trucks and SUVs positioned against the rugged outdoor life Rivian features"
Isn't that Every lifestyle truck?
Maybe another car company that don't have their own EV truck capability that might be looking to invest in Rivian and badge engineer a quick addition to their lineup?
Automotive companies in general do seem to be the way to make a small fortune.
Re: Rivian's 2023 Results
They are, you just need to start with a large one.