Rivian didn’t over produce, and notably, didn’t go all in with the new authoritarian regime. Also, a 36% decrease in sales is much less than having $800 million (in MSRP) sitting in lots. The R1T is a very successful vehicle if you compare it to the Swastitruck.
Are you comparing the same time frames? Because Rivian’s sales are down 36% for Q1 2025.
I guess no one wants them either, or would a headline about Rivian invoke some other reason?
That’s my point.
Rivian didn’t over produce, and notably, didn’t go all in with the new authoritarian regime. Also, a 36% decrease in sales is much less than having $800 million (in MSRP) sitting in lots. The R1T is a very successful vehicle if you compare it to the Swastitruck.