Has anyone on this forum actually placed an order yet? A pre-order "reservation" is not an order. It does not commit either party to anything. From what I hear, everyone who has actually placed an order has received their vehicle within weeks. Rivian doesn't take actual orders unless they are able to deliver them.Has anyone on this form received their order yet?
This is really frustrating news. I don't think that they have the capability to build vehicles as of now. Or if they do have capability then I don't understand why to build 200 units per week and keep them on the factory's parking lot?Has anyone on this forum actually placed an order yet? A pre-order "reservation" is not an order. It does not commit either party to anything. From what I hear, everyone who has actually placed an order has received their vehicle within weeks. Rivian doesn't take actual orders unless they are able to deliver them.
If you understand what you're signing up for before you send them money, you will have more realistic expectations. That is true of just about everything.
It's not "news", it's the way the process has always operated. Rivian is delivering vehicles, and given that their manufacturing is in the early ramp-up phase they can't predict exactly when you will get yours, but Launch Edition and other pre-order holders have been given rough delivery windows - when your number comes up you will be contacted to finalize the order, arrange payment, trade-in, financing, delivery date, etc. The next milestone coming up is that those first LE pre-order holders were told their delivery will be in March-April. I expect that was based on some conservative ramp-up estimates, and I expect them to hit that mark. How long it takes for everyone else will depend on how fast the ramp-up progresses. My R1T has a delivery window of May-June, and I'm cautiously optimistic that I will get it then. If you just placed your pre-order, then there are at least 70,000 people ahead of you (as of December). I don't think anyone can do anything but guess as to how long it will take to fill that backlog, but Rivian doesn't expect the plant to be operating at full capacity until the end of 2023. It would be reasonable to expect that a pre-order placed today won't be delivered until 2024, but that is also a guess and it could be sooner or later.This is really frustrating news.
I was asked support many times and they were telling me to expect delivery at the end of 2022. But you are right I should not believe in this.It's not "news", it's the way the process has always operated. Rivian is delivering vehicles, and given that their manufacturing is in the early ramp-up phase they can't predict exactly when you will get yours, but Launch Edition and other pre-order holders have been given rough delivery windows - when your number comes up you will be contacted to finalize the order, arrange payment, trade-in, financing, delivery date, etc. The next milestone coming up is that those first LE pre-order holders were told their delivery will be in March-April. I expect that was based on some conservative ramp-up estimates, and I expect them to hit that mark. How long it takes for everyone else will depend on how fast the ramp-up progresses. My R1T has a delivery window of May-June, and I'm cautiously optimistic that I will get it then. If you just placed your pre-order, then there are at least 70,000 people ahead of you (as of December). I don't think anyone can do anything but guess as to how long it will take to fill that backlog, but Rivian doesn't expect the plant to be operating at full capacity until the end of 2023. It would be reasonable to expect that a pre-order placed today won't be delivered until 2024, but that is also a guess and it could be sooner or later.
I have to disagree (or at least take issue) with several of the things you mentioned. First, I think the media (and most observers) are well aware of the obvious mitigating circumstance to the so-called "failure" - COVID/chip shortages/labor shortages, etc. Anyone who has been paying attention to just about any manufacturer (automotive or otherwise), have seen unprecedented delays. You seem to have an issue with Rivian, yet ignore the fact that most other EV manufacturers are struggling as much as Rivian is. Tesla (who is as well-established as any EV manufacturer, has had to postpone the CT and the Roadster multiple times, and there was almost a 1.5-2 year delay with the Model S and Model X between 2020 and 2022). Hell, the delivery estimate for the Model X (if ordered today) is not until January of 2023.Any of us who have been with Tesla since day one...do you remember the media coverage of even the slightest delay at Tesla? The media was in an almost constant frenzy when they missed a goal or date. It is truly remarkable how benign the media has been towards Rivian who are arguably failing far harder.. They MIGHT be making 200 units a day, a sixth of the way into 2022, with around 200K preorders on the books.The math doesn't add up. And by all indications no one on this or any other forum I'm on has heard a thing about converting a res to an order.
Here's a scenario; seeing as Ford has already pulled the plug on making their pick up with Rivian (huge red flag right there) I can see selling their stake as the next logical step. That will further tank the stock and force either a total Amazon takeover or aquisition by another automaker - either of which would almost guarantee the end of the R1 line.
With every passing day there is another rival reveal and an ever expanding pool of EVs on the market.... I can imagine it's not fun in the E suite in Normal at the moment.
Any details you have around this statement?. It is truly remarkable how benign the media has been towards Rivian who are arguably failing far harder..
And by all indications no one on this or any other forum I'm on has heard a thing about converting a res to an order.