- Rivian targets significant delivery increase with the launch of its R2 SUV, aiming for 47% to 59% growth.
- The company anticipates continued losses, projecting adjusted pre-tax losses of $1.8 billion to $2.1 billion in 2026.
- Rivian achieved its first annual gross profit of $144 million, driven by a joint venture, but expects a challenging year ahead.
- The R2 model, priced around $45,000, is expected to reduce costs and boost demand.
The American Dream Goes Electric
Listen up, you punks. This ain't Miami Vice, but it's still about making moves and taking risks. Rivian, these new kids on the block, they're talking big numbers. Deliveries, profits, the whole shebang. They're saying they'll be pushing out 62,000 to 67,000 cars next year, thanks to this R2 thing. Sounds like they're trying to build their own empire, and in this country, you gotta make the money first. Then when you get the money, you get the power. Then when you get the power, then you get the women.
Losses? In This Country, You Gotta Make the Money First
But hold on a second. Before you start popping champagne, they're also saying they're gonna lose almost two billion dollars next year. Two *billion*? That's more than I ever laundered! But they call it "investment" and "capital expenditures" – fancy words for spending more than you make. They better hope this R2 car is the real deal, or they'll be singing a different tune. Smart move would be reading Alphabet's Century Bond Signals AI Bubble or Genius Move, and learning how to finance big gambles. You think I got where I am today by playing it safe? No way, I took risks.
Gross Profit? That's the Name of the Game
Now, they're bragging about their first ever gross profit. $144 million, they're saying. Sounds good, right? But it's all smoke and mirrors. Some deal with Volkswagen is covering up losses in the car business. See, that's what I'm talking about, in this world you have to be a criminal, or a pimp. This is business, baby.
The R2: A Mid-Size Gamble
This R2 is supposed to be their saving grace. A smaller, cheaper car – around $45,000. They're saying it'll cost less to build and bring in more customers. That’s the plan at least. But plans are like, you know, things. You gotta make them happen. I always said, "I tell you what. I'm gonna show you, I'm gonna show you a good time."
Amazon's Van and Shifting Gears
They still got that deal with Amazon, selling them vans. That's their bread and butter, but times are changing. The market for these fancy electric trucks is slowing down. Gotta stay ahead of the game, gotta adapt. As for me? I adapt. I'm like the cockroach, I'll survive anything.
The Final Verdict
So, what's the verdict? Rivian's taking a big risk, betting it all on this R2 car. It could pay off, it could blow up in their faces. But in this business, you gotta be willing to roll the dice. Just remember what I always say: "Every day above ground is a good day."
Comments
- No comments yet. Become a member to post your comments.