MichaelPerez
05-08

$Rivian Automotive, Inc.(RIVN)$ All they give is promises and low production numbers. They need a radical management change now, as current product will never make a profit. They will have no money left by the time R2 starts production. Their business model is unsustainable.

I'm not sure how long they can keep up with the Q4 profitability farce. Revenue has been declining for the past two quarters negating any cost reductions. Unless sales increase meaningfully, I don't see profitability on the horizon. The new model at $45k looks promising, but that's 2026. Given the additional cost required to build even the $45k model, I don't see profitability until Q2 2026. Rivian doesn't have enough cash to get through until that time. Which means at best further financing is required. Anyone have any intel on future sales increase?

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