3 ms·

> Last I saw they couldn't sell a truck for $100,000 without losing money. Is there a term for this kind of short term low-correlation thinking? I’ve seen it

> Last I saw they couldn't sell a truck for $100,000 without losing money. Is there a term for this kind of short term low-correlation thinking? I’ve seen it with both Amazon and Tesla, now hearing it again with Rivian. It’s like a certain portion of the population is utterly incapable of ingesting a wide variety of information and then contextualizing it.

hyperhopper 3y ago
Instead of insulting people, give the context
- chriscappuccio 3y ago
  the context is the company isn't profitable in its current form and somehow there is a secret trick that nobody except this guy knows which will reverse that, perhaps in the near future, or perhaps decades from now
  - nytesky 3y ago
    They lose $20k per truck but will make it up on volume! Seriously what is the origins of the this joke? https://www.theatlantic.com/business/archive/2007/11/we-apos-re-losing-money-on-every-unit-but-we-apos-ll-make-it-up-in-volume/2282/ https://www.theatlantic.com/business/archive/2007/11/we-apos...
    - throw_away2 3y ago
      https://youtu.be/KodqIPMbyUg?t=53 https://youtu.be/KodqIPMbyUg?t=53
      - nytesky 3y ago
        THANK YOU! I tried to find that exact clip, but the versions of Change Bank I saw truncated it.
- newZWhoDis 3y ago
  All the necessary context for anyone capable of figuring it out is in the OP. If you need more than that, you can stay poor with the rest of the people leaving comments as idiotic as the one I replied to.
araes 3y ago
Honestly, not sure if you're trying to insult me or insult Rivian. The general behavior so common there's an entire joke circling HN about "What's our pivot strategy" "We pivot into pretending to work while absorbing large sums of cash. Then we bail and do it again while the market rewards our confidence." Like the author said. "Love it!" It's correlating on a really common strategy. "Through mysterious circumstances, we have somehow negotiated incredibly horrible supply deals. We now go out of business and run away with your money."

hyperhopper 3y ago

Instead of insulting people, give the context

chriscappuccio 3y ago
the context is the company isn't profitable in its current form and somehow there is a secret trick that nobody except this guy knows which will reverse that, perhaps in the near future, or perhaps decades from now
- nytesky 3y ago
  They lose $20k per truck but will make it up on volume! Seriously what is the origins of the this joke? https://www.theatlantic.com/business/archive/2007/11/we-apos-re-losing-money-on-every-unit-but-we-apos-ll-make-it-up-in-volume/2282/ https://www.theatlantic.com/business/archive/2007/11/we-apos...
  - throw_away2 3y ago
    https://youtu.be/KodqIPMbyUg?t=53 https://youtu.be/KodqIPMbyUg?t=53
    - nytesky 3y ago
      THANK YOU! I tried to find that exact clip, but the versions of Change Bank I saw truncated it.
newZWhoDis 3y ago
All the necessary context for anyone capable of figuring it out is in the OP. If you need more than that, you can stay poor with the rest of the people leaving comments as idiotic as the one I replied to.

araes 3y ago

Honestly, not sure if you're trying to insult me or insult Rivian. The general behavior so common there's an entire joke circling HN about "What's our pivot strategy" "We pivot into pretending to work while absorbing large sums of cash. Then we bail and do it again while the market rewards our confidence." Like the author said. "Love it!" It's correlating on a really common strategy. "Through mysterious circumstances, we have somehow negotiated incredibly horrible supply deals. We now go out of business and run away with your money."