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They should have treated their reservation holders better. I put in a reservation before they signed a delivery van deal, then they played pricing games, then
by skhameneh 4y ago
They should have treated their reservation holders better. I put in a reservation before they signed a delivery van deal, then they played pricing games, then IPO games, and now I'm hearing the RWD versions are being cancelled.
Maybe their partnerships will keep them afloat or maybe the quad motor offering will be enough. Either way, I've lost all interest in this company I supported early on and I know I'm the not only one.
- josefresco 4y agoWhat are you buying instead? F-150 Lightning?
- skhameneh 4y agoDecided I don't need a truck, buying a mid-size electric SUV. The Lightning Pro seems positioned really well for price; I did see a Platinum trim at a show which I liked a lot but it's way more cost and vehicle than I need.
- electriclove 4y agoWhat mid-size electric SUVs are out there?
- xeromal 4y agoI had an order for an R1T and a cybertruck but just got a 2003 LX 470 instead. At least the kinks have been worked out. lol
- pokerhobo 4y agoAgree they should have treated their reservations better, but their reservation holders were only going to help them lose money faster. It doesn't help anyone if they go bankrupt. I don't think they can just blame inflation although I'm sure that's a big factor in their increased losses, but watching some tear down videos, they have lots of opportunity to reduce costs.
- AtlasBarfed 4y agoA truck without solid state batteries or lithium-sulfer and a good recharging network is just a glorified suburban commuting vehicle with terrible aerodynamics. Scaling is tough, it's what Tesla has done pretty well. I don't think these numbers are nuts if the numbers represent proper scaling and investment, people were freaking out about Tesla's losses, but if you looked at the production capacity investment it looked completely rational (although with those numbers the funding can be difficult). Roadster --> S --> X --> 3 --> Y and scaling production numbers all kept things plausible even if the absolute numbers seemed nuts. Now Lucid and Rivian need to navigate more uncertain fundraising conditions, but at a certain point they become, at a minimum, acquisition targets for the multitude of large automakers that dragged their feet on EVs like Fiat Chrysler, Toyota, etc, or as a foothold for the chinese EV makers. Why the Chinese haven't invaded the US market is puzzling. But they are coming.
- frosted-flakes 4y agoA lot of electric buses in North America, and worldwide, are made by BYD.
- newaccount2021 4y ago