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YOLOsubmarine posted:They’d both have to get much less valuable for that to be attractive. I don’t think any manufacturer is interested in paying 30-40 billion for a company with minimal revenue and if they start to generate significant revenue then their stock will probably go up and make buying them a more expensive proposition. If either gets acquired in the near term it’s probably because they can’t grow revenue fast enough and are in a death spiral and at that point they’re just being bought for whatever patents they hold. Yeah I think it'll be for the patents and associated IP, I don't think they'll be able to ramp up production enough to justify their incredibly bloated stock price and it death spirals. Perhaps something like Amazon buys them for the van production, alternatively. Anyways just idle speculation, I just would be surprised if they last as an independent entity with all the issues everyone is having producing vehicles, sourcing batteries etc..
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Aug 8, 2022 22:26
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I suspect the IP, while somewhat valuable, is not that valuable. A new clean sheet platform is like one or two billion dollars. I doubt Rivian contains 20 new vehicle platform's worth of innovation and patents.
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Aug 8, 2022 22:36
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KYOON GRIFFEY JR posted:I suspect the IP, while somewhat valuable, is not that valuable. A new clean sheet platform is like one or two billion dollars. I doubt Rivian contains 20 new vehicle platform's worth of innovation and patents. Yep no arguments here. $40B valuation is just ridiculous. Once the real big car making folks get all in on EVs these little brands are going to have a real tough time of it. Nothing against the cars themselves or the engineering involved, it'll just be extremely difficult to stay afloat.
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Aug 8, 2022 22:48
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Feeling real nervous about my $150k adventure van with all this rivian death spiral chat.
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Aug 8, 2022 22:48
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priznat posted:Yep no arguments here. $40B valuation is just ridiculous. Some percentage of them will be able to get by as a luxury status symbol until the brand is bought up by Daimler or whatever.
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Aug 8, 2022 22:50
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builds character posted:Feeling real nervous about my $150k adventure van with all this rivian death spiral chat. No no nothing is certain and I don't know jack poo poo about anything car manufacturing related  The cars/trucks are great! And I hope they can make enough to stay afloat and be successful. But I'm not super optimistic.
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Aug 8, 2022 22:50
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builds character posted:Feeling real nervous about my $150k adventure van with all this rivian death spiral chat. For what it's worth, I think Rivian is going to be okay. They may have to lay off a bunch of staff and scale back their vision, but they'll probably be okay. Lucid motors, maybe not so much.
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Aug 8, 2022 22:51
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Is Tesla the only auto maker allowed to have crazy valuation?
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Aug 8, 2022 22:51
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priznat posted:Interesting to read that Rivian is going to make dual motor versions of the R1T and R1S, for around $10k less each.. That would be interesting because most people don't really need the quad motor for just toodling around suburbia. Really a silly way to do it. They should have had a dual motor model from the beginning, then sold the quad for $20k extra.
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Aug 8, 2022 22:57
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Saukkis posted:Really a silly way to do it. They should have had a dual motor model from the beginning, then sold the quad for $20k extra. Agreed but I think it was a way to really sell it as a true blue offroading vehicle Plus dual motors wouldn't be able to do the tank turns I don't think?
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Aug 8, 2022 23:01
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Saukkis posted:Really a silly way to do it. They should have had a dual motor model from the beginning, then sold the quad for $20k extra. If you’ve only got limited production capacity and you expect to fill your pipeline you should probably fill it with the most expensive model. KYOON GRIFFEY JR posted:I suspect the IP, while somewhat valuable, is not that valuable. A new clean sheet platform is like one or two billion dollars. I doubt Rivian contains 20 new vehicle platform's worth of innovation and patents. I also imagine that if it gets the point where Rivian or Lucid have lost 80% of their value then they will probably have been underfunding R&D for a while to keep the lights on and the IP will have lost value as others caught up to whatever technical advantages they may have had.
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Aug 8, 2022 23:13
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What's up with Doom our resident Rivian poster, haven't seen his posts recently.
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Aug 8, 2022 23:26
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Russian Bear posted:What's up with Doom our resident Rivian poster, haven't seen his posts recently. They had a forums name change, but they also haven't posted here in a while. Good chance they are, or soon to be, no longer at rivian 
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Aug 8, 2022 23:42
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I love Rivian and I think it will do well
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Aug 8, 2022 23:43
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gwrtheyrn posted:They had a forums name change, but they also haven't posted here in a while. Good chance they are, or soon to be, no longer at rivian I mean I assume with the skillset that he had.. there are plenty of places to go, especially now.
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Aug 8, 2022 23:44
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Russian Bear posted:I mean I assume with the skillset that he had.. there are plenty of places to go, especially now. IIRC he was close to retiring
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Aug 8, 2022 23:57
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Ok Comboomer posted:IIRC he was close to retiring He probably bought the sailboat he was talking about, and is somewhere in the pacific right now.
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Aug 9, 2022 00:05
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Nfcknblvbl posted:He probably bought the sailboat he was talking about, and is somewhere in the pacific right now. Not posting 
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Aug 9, 2022 00:07
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Nfcknblvbl posted:He probably bought the sailboat he was talking about, and is somewhere in the pacific right now. cruft posted:Not posting  he got out
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Aug 9, 2022 01:42
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You guys think I should buy a pretty kitted out bolt euv at 34k after Chevy discount + state tax rebate? is that a good deal recognizing it’s just a primary commuter or nah? Got a lemon of a gas guzzler gonna poo poo the bed any time now really wanna go ev and it’s available at msrp. Gotta drive like 250 miles to get it tho. Just weirded out by the “exploding battery” and corresponding Chevy price drop. Is this a dumb move?????? hobbez fucked around with this message at 03:42 on Aug 9, 2022 |
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Aug 9, 2022 03:40
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I don't think it's dumb but I may be biased because I'm also considering it. Gotta trade up from the spark sometime, why not do it while it's worth way more than it should be?
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Aug 9, 2022 05:46
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The 2023 Lightning prices went up by quite a bit this morning, the Pro's up by $7k, $5k for the Lariat. The mobile charger's no longer included, and costs $500. The max tow package is now $1k. I think I'll pass on this since they didn't let me order a 2022.
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Aug 9, 2022 13:46
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Nfcknblvbl posted:The 2023 Lightning prices went up by quite a bit this morning, the Pro's up by $7k, $5k for the Lariat. The mobile charger's no longer included, and costs $500. The max tow package is now $1k. I think I'll pass on this since they didn't let me order a 2022. They did increase the range of the standard battery by 10 miles, though.
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Aug 9, 2022 15:25
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LMAO that the XLT package is $34,000.
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Aug 9, 2022 15:53
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bird with big dick posted:LMAO that the XLT package is $34,000. Nah, he's got the big battery selected. XLT is like a 13-15k package and the rest of that is big battery + onboard power package (which is frustratingly mandatory for the big battery).
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Aug 9, 2022 16:06
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hobbez posted:You guys think I should buy a pretty kitted out bolt euv at 34k after Chevy discount + state tax rebate? is that a good deal recognizing it’s just a primary commuter or nah? I bought a Bolt with a known recalled battery, trusting that their software fix would reduce the likelihood of an already pretty statistically unlikely event. Car didn't blow up, so that strategy paid off, I guess. I now have a 2019 Bolt with a brand new battery and corresponding brand new 8 year drivetrain warranty. IMHO a used Bolt is a really smart move right now. But you're not asking about a used Bolt, you're asking about a brand new Bolt EUV. In my estimation, Chevy is probably making the safest batteries on the market now. Imagine what would happen to their reputation if they had to do another recall of every car on the road. I can assure you Chevrolet has thought a lot about this same question.
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Aug 9, 2022 16:14
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Nfcknblvbl posted:The 2023 Lightning prices went up by quite a bit this morning, the Pro's up by $7k, $5k for the Lariat. The mobile charger's no longer included, and costs $500. The max tow package is now $1k. I think I'll pass on this since they didn't let me order a 2022. Not surprising but that really sucks.
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Aug 9, 2022 16:24
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Silly Burrito posted:Not surprising but that really sucks. I'm sure they'll sell every single truck they build but I thought I'd be able to get one I could afford but nope.
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Aug 9, 2022 16:37
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lol and people were saying Rivian was gonna die not if the F150 everybody wants starts at $80k
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Aug 9, 2022 17:38
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Ok Comboomer posted:lol and people were saying Rivian was gonna die pricing wasn't the issue for rivian it's if they can produce in quantities required.
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Aug 9, 2022 17:48
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I bought my EV6 in May of this year, does this new tax bill mean I’m hosed and can no longer claim the 7.5K tax credit on next years taxes?
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Aug 10, 2022 01:25
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Biodome posted:I bought my EV6 in May of this year, does this new tax bill mean I’m hosed and can no longer claim the 7.5K tax credit on next years taxes? The new/upcoming thing is different and separate, and I believe it's a rebate at the point of sale, rather than a tax credit on your filing.
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Aug 10, 2022 01:35
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Related weird question about the tax rebate. I bought a Polestar 2 in Jan of this year and due to work, I may be relocating abroad where I likely won't need a vehicle. If I sell my car and move in say, October, can I still claim the $7500 rebate?
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Aug 10, 2022 02:01
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FLIPADELPHIA posted:Related weird question about the tax rebate. I bought a Polestar 2 in Jan of this year and due to work, I may be relocating abroad where I likely won't need a vehicle. If I sell my car and move in say, October, can I still claim the $7500 rebate? Assuming you didn’t make too much money and also assuming you made enough to have incurred 7500 in tax.
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Aug 10, 2022 02:16
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Ok cool - I do fit the other criteria, just wanted to know if you still had to own the vehicle through the end of the year.
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Aug 10, 2022 02:31
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Nope, as long as you didn't buy the vehicle with the intent to flip it then you're good.
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Aug 10, 2022 02:55
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Cool, thanks thread!
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Aug 10, 2022 04:21
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Hold up, I thought you needed to own the car for 3 years or you'd have to pay back the rebate?? edit: it's understandably very hard to find info right now since everyone is talking about the new credit, but it seems like I am incorrect. Maybe it's the CA $2k rebate I'm thinking of? I coulda sworn there was a reason I wasn't flipping my Leaf when prices skyrocketed lol Hawkperson fucked around with this message at 05:55 on Aug 10, 2022 |
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Aug 10, 2022 05:50
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Hawkperson posted:Hold up, I thought you needed to own the car for 3 years or you'd have to pay back the rebate?? No. Maybe you’re thinking of the first time home buyers credit that expired like 6 years ago.
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Aug 10, 2022 05:55
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priznat posted:pricing wasn't the issue for rivian it's if they can produce in quantities required. They're basically owned by Amazon at this point, Bezos is a huge loving nerd who pumped billions of dollars into a flailing startup rocket company to achieve his nerd dreams (which also suffers from production issues). He recently bought and remodeled a stadium and named it "Climate Pledge Arena" he wants an EV company, and he wants it to be successful, and he'll pump money into Rivian for literally ever to make that happen. Or maybe I'm just mad because I haven't been driving my soothing, quiet, efficient and emissions free Nissan Leaf in a week.
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Aug 10, 2022 11:40
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