At that same CAGR, Rivian’s revenue would increase from $1.8 billion in 2022 to nearly $75 billion in 2030. If Rivian trades at 14 times sales by then, it could top the $1 trillion mark and deliver a near-70-bagger return for its current investors. What will Rivian be worth in 2030? At that same CAGR, … Read more
While many EV and green energy companies might go bankrupt over the next couple of years, Lucid Motors might not – for the simple reason that it had a total liquidity of $5.45 billion at the end of September 2023, which it believes will fund the launch of its Gravity vehicles and also last into … Read more
Charging the Rivian R1S The monster 149 kWh pack offers a class-leading 400 miles of driving between charges. R1S drivers will use the standard SAE J1772 plug for home charging. A home charging station provides juice to an onboard charger rated at 11.5 kW to add 25 to 30 miles of range in an hour. … Read more
What Happens When A Rivian Runs Out Of Battery? 2022 Rivian R1T Interior Review: A New Standard? More than any other concern they may have about EVs, most folks want to know what’ll happen when one runs out of battery. The simple answer is that it will stop moving. What happens when Rivian runs out … Read more
The highest analyst price target is $36.00 ,the lowest forecast is $8.00. The average price target represents 60.91% Increase from the current price of $11. Rivian Automotive’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 21 Wall Streets Analysts. Is Rivian a good buy right now? The highest analyst … Read more
Cumulatively, Rivian produced over 82,500 electric vehicles and delivered over 71,300. The difference between the two numbers is roughly 11,200 (including over 3,500 in Q4) or less than one quarter’s worth of sales. Most of the production so far was for the U.S. market (deliveries in Canada started in November 2022). How many cars has … Read more
Of course, whatever’s good for Rivian is also good for Amazon; the retailer owns a 17% stake in the EV maker. Amazon’s total (owned and leased) fleet is enormous, spanning many tens of thousands of semi-trucks and vans and around a hundred planes. Why does Amazon own Rivian? Amazon was an early investor in Rivian … Read more
Rivian is deeply unprofitable. The company loses money on every car it sells and has been selling cars for negative gross profit since it started making them. In the second quarter, it had $412 million in total gross loss or a gross loss of $32,594 per vehicle sold based on the 12,640 vehicles it delivered. … Read more
As Rivian has struggled to increase factory output, it has come under pressure to trim spending. Last summer, the company laid off around 6% of its workforce and cut spending on many of its programs. The company became focused on bringing production of its current set of vehicles up to speed. Why are so many … Read more
Last year, sales to Amazon accounted for about 19 percent of Rivian’s revenue, offering a cushion against the slowing consumer market. Industry tracker AutoForecast Solutions expects Rivian could be producing 132,000 R2 vehicles by 2028. That is more than double last year’s production.21 hours ago Is Rivian going to survive? Last year, sales to Amazon … Read more