spin_dry Posted January 28, 2022 Share Posted January 28, 2022 Let’s see how the ball bounces. Quote Link to comment Share on other sites More sharing options...
Gold Member poopooforme Posted January 28, 2022 Gold Member Share Posted January 28, 2022 I like LCID better.... Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted January 29, 2022 Share Posted January 29, 2022 5 hours ago, spin_dry said: Let’s see how the ball bounces. I bought some today too. Have a buddy who got the IPO at around 75/share. OOF. Quote Link to comment Share on other sites More sharing options...
spin_dry Posted January 29, 2022 Author Share Posted January 29, 2022 14 hours ago, DriftBusta said: I bought some today too. Have a buddy who got the IPO at around 75/share. OOF. The reviews on their product is outstanding. They blow Tesla out of the water with fit - finish and overall quality. Quote Link to comment Share on other sites More sharing options...
Angry ginger Posted January 29, 2022 Share Posted January 29, 2022 3 minutes ago, spin_dry said: The reviews on their product is outstanding. They blow Tesla out of the water with fit - finish and overall quality. lets be honest tesla build quality is closer to Yugo than Lexus Quote Link to comment Share on other sites More sharing options...
Carlos Danger Posted January 29, 2022 Share Posted January 29, 2022 3 hours ago, Angry ginger said: lets be honest tesla build quality is closer to Yugo than Lexus The model 3 is much better than the S in terms of build quality. They seem to be reliable. Quote Link to comment Share on other sites More sharing options...
Carlos Danger Posted January 29, 2022 Share Posted January 29, 2022 20 hours ago, poopooforme said: I like LCID better.... The problem with Lucid right now is there pricing seems to start where Tesla tops out. Sure they say cheaper cars are coming but the car they are parading around to the press is like 200k. Quote Link to comment Share on other sites More sharing options...
Ez ryder Posted January 29, 2022 Share Posted January 29, 2022 On 1/28/2022 at 3:21 PM, spin_dry said: Let’s see how the ball bounces. Well with no battery partnership left and zero prospects in sight the bounce could take a bit . Sounds like they thought they had more pull/power than they did and got to watch a real global Corp laugh there way out the door Quote Link to comment Share on other sites More sharing options...
spin_dry Posted January 29, 2022 Author Share Posted January 29, 2022 56 minutes ago, Ez ryder said: Well with no battery partnership left and zero prospects in sight the bounce could take a bit . Sounds like they thought they had more pull/power than they did and got to watch a real global Corp laugh there way out the door We know. The stock tanked from it's IPO. It's baked into the price right now. The partnership for Samsung to supply batteries is still in place. The transfer of Samsung's technology isn't. Quote Link to comment Share on other sites More sharing options...
Ez ryder Posted January 30, 2022 Share Posted January 30, 2022 5 hours ago, spin_dry said: We know. The stock tanked from it's IPO. It's baked into the price right now. The partnership for Samsung to supply batteries is still in place. The transfer of Samsung's technology Samsung looks to not even be making them a priority with there downward fluctuating needs ? Big task to bring a new product like this to market many have tried over the yrs. . Hope they make it but a deff up hill fight especaly when you now have to battle the big boys with there established plants and supply lines that have been in place for decades Quote Link to comment Share on other sites More sharing options...
spin_dry Posted January 30, 2022 Author Share Posted January 30, 2022 Just now, Ez ryder said: Samsung looks to not even be making them a priority with there downward fluctuating needs ? Big task to bring a new product like this to market many have tried over the yrs. . Hope they make it but a deff up hill fight especaly when you now have to battle the big boys with there established plants and supply lines that have been in place for decades Rivian wanted to bring battery production to the US. Some wanted to keep it in SK Quote Link to comment Share on other sites More sharing options...
Ez ryder Posted January 30, 2022 Share Posted January 30, 2022 1 minute ago, spin_dry said: Rivian wanted to bring battery production to the US. Some wanted to keep it in SK They wanted control of some one else's technology. But they did not want to pay for it and were not as big of a fish as they thought . Quote Link to comment Share on other sites More sharing options...
spin_dry Posted January 30, 2022 Author Share Posted January 30, 2022 Just now, Ez ryder said: They wanted control of some one else's technology. But they did not want to pay for it and were not as big of a fish as they thought . You believe everything that you read. Good for you. Quote Link to comment Share on other sites More sharing options...
Ez ryder Posted January 30, 2022 Share Posted January 30, 2022 1 minute ago, spin_dry said: You believe everything that you read. Good for you. So the start up car company did not demand ownership of technology and Samsung did not lol and walk away . 😆 It is fun when you think you are a big man on campus and end up at the party with your dick in your hand Quote Link to comment Share on other sites More sharing options...
spin_dry Posted January 30, 2022 Author Share Posted January 30, 2022 10 minutes ago, Ez ryder said: So the start up car company did not demand ownership of technology and Samsung did not lol and walk away . 😆 It is fun when you think you are a big man on campus and end up at the party with your dick in your hand Rivian developed the battery technology. SDI does the mfg. Dummy. Quote Link to comment Share on other sites More sharing options...
Edmo Posted January 30, 2022 Share Posted January 30, 2022 Rivian did the right thing by hiring a bunch of car guys in Detroit. This isn’t computer guys making cars, like some of these other startups. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Skidooski Posted January 30, 2022 Platinum Contributing Member Share Posted January 30, 2022 3 minutes ago, Edmo said: Rivian did the right thing by hiring a bunch of car guys in Detroit. This isn’t computer guys making cars, like some of these other startups. They were trying to gobble up Designers and Engineers from around here Quote Link to comment Share on other sites More sharing options...
Edmo Posted January 30, 2022 Share Posted January 30, 2022 1 hour ago, Skidooski said: They were trying to gobble up Designers and Engineers from around here I know a couple people that went there. Guys with years of experience. Quote Link to comment Share on other sites More sharing options...
teamgreen02 Posted January 30, 2022 Share Posted January 30, 2022 On 1/28/2022 at 3:21 PM, spin_dry said: Let’s see how the ball bounces. Hopefully you have enough left to buy a nice used domestic. After the IPO investors made their IPO bump and got out this has gone down, down, down. $50B market cap, no sales to speak of, and lost $2.5B last year. The market for $70-80K small electric pickups and SUVs from a company that has never built a vehicle before isn't that big. 1 Quote Link to comment Share on other sites More sharing options...
spin_dry Posted January 30, 2022 Author Share Posted January 30, 2022 33 minutes ago, teamgreen02 said: Hopefully you have enough left to buy a nice used domestic. After the IPO investors made their IPO bump and got out this has gone down, down, down. $50B market cap, no sales to speak of, and lost $2.5B last year. The market for $70-80K small electric pickups and SUVs from a company that has never built a vehicle before isn't that big. Oh those of little faith. The stock is overly depressed. Quote Link to comment Share on other sites More sharing options...
teamgreen02 Posted January 30, 2022 Share Posted January 30, 2022 Just now, spin_dry said: Oh those of little faith. The stock is overly depressed. Negative $25 earnings per share on a $57 stock. I'm sure many thought they would get in at the ground level on what they thought was another TSLA. 1 Quote Link to comment Share on other sites More sharing options...
spin_dry Posted January 30, 2022 Author Share Posted January 30, 2022 Just now, teamgreen02 said: Negative $25 earnings per share on a $57 stock. I'm sure many thought they would get in at the ground level on what they thought was another TSLA. Expected. 1200 units were to be delivered during 2021 and they hit 1000. For all practical purposes that's a win. They've moved slow through the entire development process and have gotten the product right. Are you typically this pessimistic? Quote Link to comment Share on other sites More sharing options...
teamgreen02 Posted January 30, 2022 Share Posted January 30, 2022 Just now, spin_dry said: Are you typically this pessimistic? Yes. Take anything an EV manufacturer says for a timeline and conservatively double it. I thought Tesla would go bankrupt. Elon Musk did too. Quote Link to comment Share on other sites More sharing options...
Ez ryder Posted January 30, 2022 Share Posted January 30, 2022 14 hours ago, spin_dry said: Rivian developed the battery technology. SDI does the mfg. Dummy. So then there should be no intellectual property issues .yet there is . So there is that Quote Link to comment Share on other sites More sharing options...
Ez ryder Posted January 30, 2022 Share Posted January 30, 2022 2 hours ago, spin_dry said: Expected. 1200 units were to be delivered during 2021 and they hit 1000. For all practical purposes that's a win. They've moved slow through the entire development process and have gotten the product right. Are you typically this pessimistic? I'm I highly doubt Samsung would be bitching about order fluctuations of 200 units when looking at what would be a long term partnership. Sounds like they got a quality spin doctor burning the midnight oil over at the struggling auto plant Quote Link to comment Share on other sites More sharing options...
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