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Rivian Ends EV Van Exclusivity Deal With Amazon
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- čas přidán 6. 11. 2023
- Rivian can now sell its electric vans to anyone ending an exclusive deal with Amazon. Rivian still plans to honor its original deal with Amazon to deliver 100,000 vans to the e-commerce giant by 2030. Ed Ludlow reports.
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Rivian vanlife is opening up!
With an EV?
Amazing news
Actually their upcoming factory in Georgia will be able to make 400,000 units a year but they plan to start with 200,000 units a year.
This is a stock to buy now and hold until 2026 for huge profits.
Only then you will wish you had bought more now.
Thank you!
Oh good, everyone can live in a van down by the river now😅
I'm not sure I understand why they want to go after other customers when they can't even fill the order they have from their one customer yet.
Can you rephrase that long sentence?
@@realamerican8069 why sell more truck when not build truck already sold
They were producing only as per Amazon capacity to take delivery as Amazon had to put up chargers in all its locations . So now they can expand the commercial van production too .
It's a pithy stretch
Alternative facts. When they looked for 50 hin there was only 20. Fuzzy math
Ok...ain't no one else was buying those vans anyways lol
USPS should just buy these....
54000 Vans ??? Thats overall vehicles 🤷🏻♂️🤝
No
They need to sell Amazon the 100,000 they promised. Its been like 10 years
Theres a reason their stock is down nearly 50% since last year. 🙄🤡🤡
Overvalued at ipo. Don't hate on a stock just bc it drops. Small caps have been beat down in general...even stocks with positive cash flow like stne
Rivian is losing money on SUVs, Pickup trucks and Amazon Delivery Vans. Rivian has no gameplan for ever becoming profitable. Now Rivian losing $1.4 bill/qtr. Rivian is just uninvestable
Cut losses per vehicle from 140,000 to 30,000 from q3 2022 to q3 2023. Go ahead and buy safe options if you have no intent in buying
@@hurlentropy6866 Half of their cash is gone and the clock is ticking down on the other half