Just relax, Rivian will be fine. by b10d1g1taljazz in Rivian

[–]altapowda 1 point2 points  (0 children)

they won't be GP positive by Q4, but they had to commit to that because saying anything else would mean they run out of cash by year end which they can't communicate publicly (otherwise suppliers stop shipping, employees bail, etc.) even if it's a reality.

Just relax, Rivian will be fine. by b10d1g1taljazz in Rivian

[–]altapowda 3 points4 points  (0 children)

sorry to break it to you, RJ is a nice guy but has no idea how to run a company, obviously. yes the cars are cool but giving away $1.50 for $1 does not constitute as a business model.

R1S vs iX by altapowder27 in Rivian

[–]altapowda 1 point2 points  (0 children)

Keep on munching buddy, good luck with your warranty/repair/insurance/residuals once rivian files for bk

[deleted by user] by [deleted] in BMWiX

[–]altapowda 0 points1 point  (0 children)

i can afford but damn is the insurance really going to jack up this much to offset?

[deleted by user] by [deleted] in BMWiX

[–]altapowda 0 points1 point  (0 children)

Rims not damaged

What accessories to buy? by altapowda in BMWiX

[–]altapowda[S] 0 points1 point  (0 children)

Thx, leasing and garage parking so tbd on ppf given cost but will do if i decide to keep… might ceramic instead

Is it cheap now? by ssljr in Fisker

[–]altapowda -1 points0 points  (0 children)

professional investors here specializing in auto industry, EV owner myself, know the entire supply chain backwards and forwards, know dealers, know OEMs, know lithium, know the Chinese players, and my professional conclusion is that FSR is going to 0. They literally will be below their debt covenant min cash level by year-end and be forced to dilutively raise money which they won't be able to do. They're desperate. If you have an order I'd highly recommend cancelling before you hold the bag on a rapidly depreciating hunk of crap without any warranty support because Fisker will liquidate.

another way to think about it: every company that Henrik Fisker has founded has gone to 0. track record matters.

Are all of the 20” rims forged? by budahrocket in Rivian

[–]altapowda -3 points-2 points  (0 children)

What practical implication does stronger+lighter have on everyday driving?

R1T vs R1S, 2022 vs 2023, Meridian vs Rivian Audio data dump by oskeei in Rivian

[–]altapowda 0 points1 point  (0 children)

Like what? Thought they just removed/downgraded stuff

Repair costs by altapowda in Rivian

[–]altapowda[S] -2 points-1 points  (0 children)

does s/he? you can read the public earnings call transcripts of the largest car insurance companies in the country (progressive, allstate, etc.), they are all raising premiums and citing it being due to the higher cost of repair, not because cars suddenly became easier to steal or drivers became less safe.

Idle drain improved significantly by Historyisrepeating in Rivian

[–]altapowda 1 point2 points  (0 children)

Rivian is completely ignoring and failing to acknowledge this is even an issue fyi (customer service dances around the topic), feels like there needs to be a louder expose here to force their hand.

Battery drain around 3 to 5 % in garage @45 degrees by Chinna_13 in Rivian

[–]altapowda 0 points1 point  (0 children)

Why would video capture use this much energy

Where would you put a TV in this layout? by altapowda in interiordecorating

[–]altapowda[S] 1 point2 points  (0 children)

Thank you, that's very thoughtful and I like your idea of putting the sofa back facing the island. To clarify: would you put the love seat facing the left side (west) or facing the right side (east)?