The Rivian Rollercoaster
Well well well it seems like Rivian is having a rough time with its production estimates and workforce cuts. Just like balancing on a unicycle while juggling it's not as easy as it looks!
Challenging Macro Economic Conditions
CEO RJ Scaringe mentioned challenging macro economic conditions but come on running a company is no walk in the park. Maybe I should send him a copy of 'The Art of War' to strategize better!
Cash Burns and Price Cuts
Burning through cash faster than a firework on Chinese New Year Rivian is slashing prices and hoping for the best. I guess they took the 'cut the price not the quality' saying a bit too literally!
Lucid Air vs. The R1T Pickup
Lucid and Rivian seem to be in a race to the bottom with production estimates. It's like a battle between dragons and tigers but with electric cars instead!
Positive Gross Margin Coming Soon
Ah the promise of a positive gross margin. Reminds me of the time I promised everyone a slice of mooncake... except this time it might actually happen!
The R2 Platform Unveiling
Get ready for the R2 platform unveiling it's like the sequel to a blockbuster movie. Will Rivian's R2 be the 'Avengers: Endgame' of electric vehicles? Only time will tell!
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