> I can't tell if Rivian is doing really well, or really badly. They are doing both! Their production ramp is fantastic and they have three products that thei

> I can't tell if Rivian is doing really well, or really badly. They are doing both! Their production ramp is fantastic and they have three products that their customers love! But they also have significant engineering and production problems that are causing them to be too costly. That, combined with the reality of being a low volume maker in a business that demands high volumes for positive cash flow, means that they are burning money quickly too. This all reconciled around 2026 when R2 comes to market. It is make or break for the company.