[BeardedBandit]

Since we're all getting delayed... And Interest Rates are going up... Maybe Rivian could offer us the ability to lock in a financing rate up front at a lower interest rate so we don't get stuck paying +1% more in financing cost next year?

This is.. for those of us financing.

 

[iansriv]

What happens if there's a recession and rates go down?

 

[IThinkFreely]

They have already commited to selling the preorder trucks at a loss. If there is any hope in hell of them not going bankrupt they can't assume any more losses. Not that locking in a rate now is even possible for them. They aren't the lender.

 

[Broker21]

Don't be so forgiving! Rivian is a multimillion dollar corporation. When they say loss, its anticipated income versus actual income! Trust me they are not taking a loss by selling preorder vehicles at the original agreed upon prices! The only time that Rivian faced minor loss is when they increased prices and had over fifty percent-plus of preorder holders canceling. If anything here we go again, Rivian is gambling the fact is that many preorder holders may in fact cancel out and at a later date decide that they indeed want a Rivian, but will be forced to pay that $10-15 thousand dollar increase! And Rivian sells the units at the increased GREATER PROFIT!
As far as those 3 to 4 year die-hard hold outs, It would be nice if Rivian would offer a form of appreciation like; THE WALL-CHARGER, OR THE SPARE TIRE, OR ROOF-RACK, OR SOME OTHER UPGRADES!!!
"LET'S WATCH AND SEE 👀
WHAT THEIR GAME PLAN IS!!! 🤔

 

[Wing]

Please, how about you just start making your payments now into a good stock or etf. Rivian is a corporation in it for profit not making friends.

 

[sciencegeek]

That all-caps says it all

 

[FrankieJ]

Don't be so forgiving! Rivian is a multimillion dollar corporation. When they say loss, its anticipated income versus actual income! Trust me they are not taking a loss by selling preorder vehicles at the original agreed upon prices! The only time that Rivian faced minor loss is when they increased prices and had over fifty percent-plus of preorder holders canceling. If anything here we go again, Rivian is gambling the fact is that many preorder holders may in fact cancel out and at a later date decide that they indeed want a Rivian, but will be forced to pay that $10-15 thousand dollar increase! And Rivian sells the units at the increased GREATER PROFIT!
As far as those 3 to 4 year die-hard hold outs, It would be nice if Rivian would offer a form of appreciation like; THE WALL-CHARGER, OR THE SPARE TIRE, OR ROOF-RACK, OR SOME OTHER UPGRADES!!!
"LET'S WATCH AND SEE 👀
WHAT THEIR GAME PLAN IS!!! 🤔

You don’t know what you are talking about. Rivian is in fact taking a loss on the Preorder pricing. The preorder pricing was set 3 years ago before the dramatic increase in the cost of virtually everything. As far as agreeing to lock in interest rates, nobody does that except automakers that can’t sell vehicles in stock. Rivian doesn’t have that issue. Everyone is always looking for a freebe! Do your research before you make such unsubstantiated comments.