5 ms·
Another note about Rivian's later arrival to market is that it will have a harder time selling regulatory credits to other automakers. This profit center is dec
by adolph 4y ago
Another note about Rivian's later arrival to market is that it will have a harder time selling regulatory credits to other automakers. This profit center is decreasing over time but has averaged about 300M/Q. This is far from making up a 1.7B loss, but shows how Rivian doesn't have some of the first mover tailwinds.
Additionally, while Rivian is a premium vehicle and may presumably attract a substantial number of cash buyers, increases in interest rates can't help sales.
https://tesla-cdn.thron.com/static/WTULXQ_TSLA_Q3_2022_Update_KPK2Y7.pdf https://tesla-cdn.thron.com/static/WTULXQ_TSLA_Q3_2022_Updat...
https://ir.tesla.com/#quarterly-disclosure https://ir.tesla.com/#quarterly-disclosure