Ale, I believe that e-fuels are the solution for the future. Porsche has invested billions on them and there is a proof of concept, but they need another 10 years to commercialize their production
Porsche have invested billions into synthetic fuels so that you can put into any car without modifying anything. If i remember right they have a big manufacturer in Chile, south America, if you can find a video on you tube about it, quite intresting.
What a bunch of absurd nonsense. The "Porsche" Synthetic Fuel project is just a scam by EXXON MOBIL. Read the dang fine print on all their promotions. It's just a PR Marketing Distraction while Exxon Mobil continues just drilling and pumping crude oil.
With the amount of gasoline cars on the road today, It'll be nearly impossible to fully get rid of the combustion engine powered cars. I believe that Porsche is doing it 100% correct with synthetic fuels through a company in Chile that they invested heavily in. I think they have the right idea rather than pushing a new technology that is nowhere near where it needs to be to be fully adopted by everyone. Other countries are offering huge incentives for electric cars that work for them, so I feel like to win people over to buy them, they have to be affordable, have comparable range to gasoline cars, and have a lot of charging stations. I will never buy one even if they are discounted by 50%, I really truly stand with Porsche and what they are doing with synthetic fuels.
The thing in europe where 15 yo cars cant be fixed, only applies if the car is damaged and the repair cost is higher than the value of the car, anyway i dont think they are going forward with that because, as you said, most people don t have money for newer cars and thats why our "parking lot" is so old. Also they wanna do that based on germanys, france, belgium, etc (northern europe countries) economy, wich is very different from like my own country (Portugal), spain, italy, etc (southern europe), where most people can barely afford to live right now.
Its gonna be a mix of it all. Here in India especially where I live I see EVs(Tata nexons and tiagos) and hybrids and ICEs. Bio fuels too will change the game.
But how many more +$80k EV buyers are out there? The thing about status symbols with the 1% is that their attention span is 2 years max, then on to the next “it”. That is not a successful business plan (see Porsche Taycan). EV’s will not hook with mass consumers (only suburbanites who can charge them) until there is a high spec $40k one that can go 400 miles in -20F.
The most important thing in the electric car segment is having the fastest charging times and the biggest range because technology is not quite there yet so beeing the best at it is very significant. If your company is the best at it you will almost for sure be the one who sells most. I would say that having the fastest charging times ends up beeing the most important thing nowadays. This of course after having a certain range which i think some cars already have. So lets say your car has a range of at least 500km even in highway and you can charge your car fully in 5 mins or less that means more to people then having 1000km of range but taking 30min to charge. Long charging times also gives anxiety! Because with long charging times you have to plan your life always ahead so its a extra worry and people want their cars to be a solution in their daily lifes not another thing to worry about at least no more than it is a combustion engine car. Also unexpected needs to travel happen in life so you cant plan always ahead but if you can charge your car fully in 5 mins or less than unexpected travels are not much of a problem at least not in most cases. Also sometimes you might not realize you have only a certain amount of range left then you notice it and you realize you will have to wait 30mins more or less to solve the situation that can be a issue when it happens or simply you become anxious about it and no one likes that. So faster charging times means more nowadays than having a huge range. Also saying you can charge the batterie fully in a certain amount of time is different than saying you can charge 80% of the batterie in a certain amount of time even if you end up having the same range because people have the mindset of using combustion engine cars and in a combustion engine car add a small amount of range or add full range is always very quick so its not a worry. The electric car beeing the successor to the combustion engine car has to be better in everyway otherwise is not much of a successor is more like a down grade even if it is only worse in a single aspect but that aspect is significant then is a down grade. Or at least thats what most people think!
They have enough money to last till december of 2025 they will have to do another capital raise and dilute the shares. Gona be hard to find value in their shares if they keep diluting. RJ said they would have positive gross margin, but not net income. So they will still be losing money for a long while.
In Portugal they are going to start taxing cars from before 2007 like crazy (yearly tax) so people stop using it. This tax is going to increase 15 to 20 times the actual cost. Its crazy!
That’s not true. The grid is constantly being improved. Especially now that Biden passed the largest infrastructure bill in history. We are already producing a lot of the electricity we would need to charge EVs. It’s powering gas stations and oil refineries, and gas stations and oil refineries run 24 hours a day whether you’re using them or not. Most EVs charge overnight when there is no strain on the grid. They can even charge from solar panels and other batteries without taking any power from the grid at all.
@@Busterburg so if I have solar panels, how much power am I pulling from the grid every time I charge my EV? And how much energy are you responsible for draining from the grid if you drive a gas car that relies on gas stations and oil refineries running 24 hours a day to get it’s fuel? Even if I charge from the grid I am only using power while my car is actually refueling. Not 24 hours a day like your car’s fueling infrastructure.
@@craigcampbell1843 the pull would depend on the storage you have or if you are just selling it back. It would depend on how far you drive and even the type of electric vehicle. The power grid is fully capable of handling gas production as has been for years.
@@Busterburg I think you’re missing the point. People said the grid couldn’t handle it when we started installing air conditioning in our houses too but here we are. The grid is always being improved. Gas cars will always need oil fields and gas stations and refineries but there are many different ways to produce electricity. Some can even be done at home and don’t rely on the grid at all. Everyone will eventually have solar panels on their house. They’re already required to come on all new houses built in California. Over 90% of EVs charge overnight when there’s no strain on the grid. The rest use fast chargers and are only drawing power from the grid for 20-30 minutes once or twice a week. Not 24 hours a day 7 days a week like the gas car. Plus as we buy more EVs and fewer gas cars, some of the electricity we’re using right now to power oil fields and refineries and gas stations 24 hours a day can go to charging our cars instead.
The market priced Rivian probably way too high a few months ago. I was around 22-23 dollar a share. The main issue is - just like you said - they are losing money on every single car, gross margins doesn't matter when your operational costs are so high. Rivian has managed to do something NO OTHER manufacturer has ever done in such a short amount of time. It is just cool to own a Rivian. Everyone knows what it is, almost everyone. People - who do not know what it is - will stop you and ask you what it is. Tesla isn't cool anymore, not the way it was a few years ago. Tesla is the obvious choice if you wanna go electric. Porsche is probably the closest thing to Rivian when we talk about electric vehicles. I know Lucid is nice, but not Rivian nice, it is cool, but nothing amazing. I have started buying Rivian at $11.11 (my wife's lucky number) and added all the way to low 10s, when I stopped to see if it dips below $10, because I felt like if it does, we will go lower, maybe 5-12% lower and wanted to wait and see. It is back to above $11 already. I believe the R2 will be a hit, regardless of the actual design, range ... etc. Also, Alejandro, you forgot to mention that Rivian has a deal with Tesla (or kinda) and they will be able to use their chargers. That is a game changer. Rivian isn't going anywhere, even if they will post another bad quarter or two ... well, they will be acquired by someone big, like really big. There will be some pressure from shareholders if that happens, but I believe management has other plans. I really wanna see the R2, and know the preorder numbers as soon as they will become available, the share price will react. At this point I am happy with my average of mid 10s, (keep in mind, I only own 5k shares - as of writing) and I expect at least a 50% return on my investment this year, preferable before 1st of September.
Rivian has $9 in Cash, $5B in liabilities and industrial debt, and they're burning $1-2B per qrter. That's why the market has priced it at $9B. It's easy to make a great product for $140K, and sell it for $90k and say look man, people love my car.
I think electric cars could have a place as a second car for a family to go around the city. For big haul, flights and ships, gas (or maybe hydrogen) might be a better fit.
I think another reason why Tesla does so well over rivian one they offer such a wide variety of vehicles from a truck to a crossovers to outright car such as model 3 and they also offer charging stations readily available as a package. Rivian needs to do that
Lithium is only one part of the equation for building electric cars and batteries, we don't have enough copper, cobalt, graphite etc. been pulled out of the ground, so sooner or later, EV production is going to have to drop and wait lists grow, whilst the world plays catch-up with the other resources.
I don't know why these car manufacturers didn't try doing hybrids first then go into electric cars kind of easing the American public into it as well as developing the batteries so they can go ahead and last longer and be able to take charges either quicker or lasting longer
That kid with Alejandro isn’t named Sergio or is he ? Remember he had that ginger haired cameraman ( forgot his name ) and Alejandro gave him Mexican name 😂
Come to asia bro. There are like 20 different electric car brands out here and more popping up every day. The issue in america and europe is the cost of production there vs everywhere else
Rivian is burning through cash fast. There has been news that they will finally turn a profit in the fall. They are really trying to sell their cars by offering a discount up to 20% right now. If they survive for when R2 comes out in 2026 should be okay
EPA, CARB, Euro 7 and other automotive regulatory agencies have already legislated for all new cars to be sold have to be EV or PHEV by 2035 or most likely 2040. Although CARB will make it more difficult in the future to own an ICE car they cannot ban it. Which is why synthetic fuels will be the future since there will still be new ICE cars sold until 2035 and will continue to run for decades after legislation for EVs.
In many EU countries with Low Emission Zones (LEZ zone) you have the right to drive an ICE car 8 times a year for example; after that it is a 350€ fine, every time you do. Old-timer or not. Make no mistake this is NOT a "rich person only" system where you can simply pay (like a tax); after 3 infringements you are in front of a judge and they can confiscate your car(s).
hybrids are the future, for sure the next few decades as batteries get better and cheaper it will bring more electric cars but there’s still for to many limiting factors for them to become the norm that has been pushed by all the 2030 bs. I’d love to hear other thoughts?
Hybrids are the past. Why would anyone choose a car that needs oil changes and smog checks and tuneups and special trips to the gas station when they could just plug in when they get home or when they get to the grocery store or the restaurant they’re eating at that night and never have to deal with any of those inconveniences? A hybrid is just a gas car with an extended range and twice the things that can go wrong. Good marketing but any more than 250 miles of range and you’re just being duped into paying for something you’re never going to use. Even on a road trip. I have never driven 5 hours straight without someone needing to stop to eat or use the bathroom and I take a lot of road trips.
Hydrogen is a pipe dream… it’s EV with an extra step. Literally makes zero sense.. let’s use electricity to make hydrogen, and then let’s use hydrogen to make electricity… also zero infrastructure … and getting smaller as a major company just got out of the biz.
I think Rivian took too long to release there vehicle and entered in the wrong market especially with tesla just having the market on lock on the lower end with model 3 and high end with the model s/x. So I think they should brought a direct competitor for model 3/Y then brought out the more expensive models.
at 2:45 u said they got investments from other companies specify please i want to know that this isn't artificially inflated. right now i'm broke basically and i wanted to know if i'm investing in the right place, tryna get to freedom like you guys and i'll sacrifice anything for that.
It’s going to be about 50 years before we are all electric and that’s a maybe……… Infastructure sucks for electric cars. Until that’s fixed nothings going to change.
This guy forgot to look at Rivian’s debt at the same time. It will need many more billions in just a few quarters. With the r2 preview coming up, it might bounce back a bit, but in the long term, stock price will probably continue to tank.
I think there will be 2 classes where the rich will be able to drive their classic cars. *I don’t think this will be appreciated until another 100 years. Where a gasoline car will be unattainable to everyone but the ultra rich.
For Europe, EV + Hybrid will be the way to go for a long time. Like Elon also explains; the lifecycle of a car in the EU is about 12 years. People will not change to EV before as buying a car is a life decision for most people. (lease in EU is only for companies). Also; people start to see that charging is complex in big towns and the density of population is often very high. Charging is complex in high density areas. This week the Dutch energy agency asked to cut EV charging between 16h and 19h as the grid has issues, even today.
Cars and vans account for around 10 percent of GLOBAL CO₂ emissions. Light-duty vehicle sector emissions need to reduce by roughly six percent per year through to 2030 to get on track with the Net Zero Scenario.Sep 22, 2023
What happened with tesla letting rivian and everyone else using thair charging grid ? Non tesla vehicle are hard to charge when road tripping. Thats a big munis for Rivian
In my opinion, Rivian‘s going to come out the other side. Everybody thought the same thing about Tesla when they got started. What I will do is keep an eye out on Rivon stock so I can purchase more shares. People need to understand that the stock market is not a quick scheme to get rich. You have to study the stock market and predict that a loss is going to be a gain in the future. Basically, it’s the lung game. Not to mention anything that you decide to invest in the stock market think of it as money that you’re no longer ever going to see. It’s no different than going to the casino and betting on black.
@Alejandro: there are retrofits in development, on low energy nuclear technology. The CO2 you'd expect from the exhaust, becomes O2. No plant food, just human inhale directly. It's appears to be real, a similar paper was just published under peer-review in Nature by Greenyer and the Taipei uni. More specific to petrol/diesel cars, the Thunderstorm Generator is a retrofit that ionizes the air taken in, sends it through a water bubbler, into the engine. Then the gasses from the engine go back through the TG reactor, just a thin layer of metal removed from the intake air. Eventual exhaust gasse are COLD where you'd expect hot. Near zero carbon where you'd expect lots. 16% oxygen where you'd expect near zero. If true, the whole climate sham impacting hydrocarbon burning will be "green" suddenly, measure in plant food. Way more eco than EVs, although EVs make plants eat still.
Sorry to say this, but I shorted Rivian when you mentioned to buy it because there is a trend of RUclipsrs talking about stocks, and then losing tremendous value shortly thereafter.
There is no enough minerals to go full electric worldwide and that is the reason it cannot be long term solution. Car companies are pulling the plug already because it's a waste of money.
The difference is Tesla was actually making profit on their cars! Yes, Tesla wasn’t still profitable at the time because they were spending money on R&D but, the difference is Rivian is losing money even if they weren’t investing on R&D. Their cars aren’t profitable to make! I still believe Rivian will come out in a quarter or two to do a cap raise under the guise of “funding the R2” but still a long shot on if the R2 will get into production…(remember the delays for the R1??)
I don't know if I would call it well priced. Most people live on wage-slave finances these days. So, I'm going to say that nine out of ten people wouldn't be able to afford a car like that in their lifetime. Most people these years struggle to afford the payments on 15-20k$ cars.
The real problem is fuel. All in all, electric cars contaminate basically the same as other ICE cars. Ideally, the future would be with alternative fuels with ICE and hybrid cars.
Rivian doesn't have 10bn cash, on paper they have a bit under 8 but they also have 4.4bn$ in debt. So that means they really have 3.6 and they are losing 5.5bn per year. That's about 85k in loss per car they sell. That's one hell of a margin. In an interview the other day the CEO didn't sound like he has a plan for improving that margin so that's why it looks a little bit like a deadite. A well liked product but unviable. And they just lowered the prices which can't help the margin. Elon had the profit margin to give so he just squeezed everybody. And they were all already bleeding hard. Everybody else loses money on EVs, not Tesla. The reason I think Lucid is being punished less is simply exposure. Their situation is really quite a bit worse. They have no dealer, they don't advertise, nobody is talking about them and despite Saud buying thousand of cars they only have 5000 annual sales. Real sales might be 1000 a year. And they were losing big money selling 200k$ cars and now they are forced into 70k cars. On paper it looks bad. In reality is looks the same :) In principle both could turn it around, they are both making good vehicles. But will they? I'm guessing no. Electric cars will dominate, there wont be any primitive gassers. That the rich car guys are often stubbornly ignorant doesn't really matter, the rest of the world is shifting. Norway is already 100% EVs in new car sales. Next year pure ICE will be illegal to sell in Norway. I drive my Tesla, it's inconceivable that I would pick an ICE car next. The combustion engine died in 2006, it's just too dumb to have noticed.
Sidenote, I came across a rivian headlight for sale used, about 600$. That suggests their parts are crazy expensive. I just one headlight costs Rivian 600$ that quickly adds up. And in case it wasn't obvious to some, such a headlight should cost 50$ or less. If suppliers are greedy douches then it's vertical integration time. Take it inhouse. It's not that hard a thing to make.
Can they go bankrupt? Yes. It’s a great car, especially the truck, but the economy might take them out. Loans cost way more now than ever before. Look at there financial statements.
McLaren burns down.. rivian bankrupt.. no car advice from Alejandro 😂
Can you bring the old gang together for a one final hurrah please man
it wont happen bro
It would be ... oooooch.... soooooo sooooo good ❤
What old gang? There has been a few 🤷♂️
That would be a L
Who are they??
Ale, I believe that e-fuels are the solution for the future. Porsche has invested billions on them and there is a proof of concept, but they need another 10 years to commercialize their production
Porsche have invested billions into synthetic fuels so that you can put into any car without modifying anything. If i remember right they have a big manufacturer in Chile, south America, if you can find a video on you tube about it, quite intresting.
@@welloilbeefhooked4984 e fuels are a synonym of synthetic fuels bro
What a bunch of absurd nonsense. The "Porsche" Synthetic Fuel project is just a scam by EXXON MOBIL. Read the dang fine print on all their promotions. It's just a PR Marketing Distraction while Exxon Mobil continues just drilling and pumping crude oil.
Ale is such a great storyteller, Ive enjoyed every video he made, no matter the context
With the amount of gasoline cars on the road today, It'll be nearly impossible to fully get rid of the combustion engine powered cars. I believe that Porsche is doing it 100% correct with synthetic fuels through a company in Chile that they invested heavily in. I think they have the right idea rather than pushing a new technology that is nowhere near where it needs to be to be fully adopted by everyone. Other countries are offering huge incentives for electric cars that work for them, so I feel like to win people over to buy them, they have to be affordable, have comparable range to gasoline cars, and have a lot of charging stations. I will never buy one even if they are discounted by 50%, I really truly stand with Porsche and what they are doing with synthetic fuels.
The thing in europe where 15 yo cars cant be fixed, only applies if the car is damaged and the repair cost is higher than the value of the car, anyway i dont think they are going forward with that because, as you said, most people don t have money for newer cars and thats why our "parking lot" is so old. Also they wanna do that based on germanys, france, belgium, etc (northern europe countries) economy, wich is very different from like my own country (Portugal), spain, italy, etc (southern europe), where most people can barely afford to live right now.
I just love these topics. Good old Salomondrin!
Its gonna be a mix of it all. Here in India especially where I live I see EVs(Tata nexons and tiagos) and hybrids and ICEs. Bio fuels too will change the game.
Bio Fuel already happened it's called ETHANOL. The max potential of that has already reached it's limit.
BRRROOOOOOOOOOOO PLEASE YES LETS TALK ABOUT CARS YOOOOOO
But how many more +$80k EV buyers are out there? The thing about status symbols with the 1% is that their attention span is 2 years max, then on to the next “it”. That is not a successful business plan (see Porsche Taycan). EV’s will not hook with mass consumers (only suburbanites who can charge them) until there is a high spec $40k one that can go 400 miles in -20F.
Salo is one of the very few people I trust when it comes to financial advise! Also entertaiment aswell
The most important thing in the electric car segment is having the fastest charging times and the biggest range because technology is not quite there yet so beeing the best at it is very significant. If your company is the best at it you will almost for sure be the one who sells most. I would say that having the fastest charging times ends up beeing the most important thing nowadays. This of course after having a certain range which i think some cars already have. So lets say your car has a range of at least 500km even in highway and you can charge your car fully in 5 mins or less that means more to people then having 1000km of range but taking 30min to charge. Long charging times also gives anxiety! Because with long charging times you have to plan your life always ahead so its a extra worry and people want their cars to be a solution in their daily lifes not another thing to worry about at least no more than it is a combustion engine car. Also unexpected needs to travel happen in life so you cant plan always ahead but if you can charge your car fully in 5 mins or less than unexpected travels are not much of a problem at least not in most cases. Also sometimes you might not realize you have only a certain amount of range left then you notice it and you realize you will have to wait 30mins more or less to solve the situation that can be a issue when it happens or simply you become anxious about it and no one likes that. So faster charging times means more nowadays than having a huge range. Also saying you can charge the batterie fully in a certain amount of time is different than saying you can charge 80% of the batterie in a certain amount of time even if you end up having the same range because people have the mindset of using combustion engine cars and in a combustion engine car add a small amount of range or add full range is always very quick so its not a worry.
The electric car beeing the successor to the combustion engine car has to be better in everyway otherwise is not much of a successor is more like a down grade even if it is only worse in a single aspect but that aspect is significant then is a down grade. Or at least thats what most people think!
They have enough money to last till december of 2025 they will have to do another capital raise and dilute the shares. Gona be hard to find value in their shares if they keep diluting. RJ said they would have positive gross margin, but not net income. So they will still be losing money for a long while.
In Portugal they are going to start taxing cars from before 2007 like crazy (yearly tax) so people stop using it. This tax is going to increase 15 to 20 times the actual cost. Its crazy!
This channel is slowly regaining momentum and that makes me really happy.
in the USA our electrical grid is falling apart. there is no way we can have everyone driving electric anytime soon.
That’s not true. The grid is constantly being improved. Especially now that Biden passed the largest infrastructure bill in history. We are already producing a lot of the electricity we would need to charge EVs. It’s powering gas stations and oil refineries, and gas stations and oil refineries run 24 hours a day whether you’re using them or not. Most EVs charge overnight when there is no strain on the grid. They can even charge from solar panels and other batteries without taking any power from the grid at all.
Have you looked at the amount of power it takes to charge a car vs a house? Cars are a huge drain on the grid.
@@Busterburg so if I have solar panels, how much power am I pulling from the grid every time I charge my EV? And how much energy are you responsible for draining from the grid if you drive a gas car that relies on gas stations and oil refineries running 24 hours a day to get it’s fuel? Even if I charge from the grid I am only using power while my car is actually refueling. Not 24 hours a day like your car’s fueling infrastructure.
@@craigcampbell1843 the pull would depend on the storage you have or if you are just selling it back. It would depend on how far you drive and even the type of electric vehicle. The power grid is fully capable of handling gas production as has been for years.
@@Busterburg I think you’re missing the point. People said the grid couldn’t handle it when we started installing air conditioning in our houses too but here we are. The grid is always being improved. Gas cars will always need oil fields and gas stations and refineries but there are many different ways to produce electricity. Some can even be done at home and don’t rely on the grid at all. Everyone will eventually have solar panels on their house. They’re already required to come on all new houses built in California. Over 90% of EVs charge overnight when there’s no strain on the grid. The rest use fast chargers and are only drawing power from the grid for 20-30 minutes once or twice a week. Not 24 hours a day 7 days a week like the gas car. Plus as we buy more EVs and fewer gas cars, some of the electricity we’re using right now to power oil fields and refineries and gas stations 24 hours a day can go to charging our cars instead.
Thank you, Ale, for a video under one hour, and also explaining tickle-my-balls-down-economics
The market priced Rivian probably way too high a few months ago. I was around 22-23 dollar a share. The main issue is - just like you said - they are losing money on every single car, gross margins doesn't matter when your operational costs are so high. Rivian has managed to do something NO OTHER manufacturer has ever done in such a short amount of time. It is just cool to own a Rivian. Everyone knows what it is, almost everyone. People - who do not know what it is - will stop you and ask you what it is. Tesla isn't cool anymore, not the way it was a few years ago. Tesla is the obvious choice if you wanna go electric. Porsche is probably the closest thing to Rivian when we talk about electric vehicles. I know Lucid is nice, but not Rivian nice, it is cool, but nothing amazing. I have started buying Rivian at $11.11 (my wife's lucky number) and added all the way to low 10s, when I stopped to see if it dips below $10, because I felt like if it does, we will go lower, maybe 5-12% lower and wanted to wait and see. It is back to above $11 already. I believe the R2 will be a hit, regardless of the actual design, range ... etc. Also, Alejandro, you forgot to mention that Rivian has a deal with Tesla (or kinda) and they will be able to use their chargers. That is a game changer. Rivian isn't going anywhere, even if they will post another bad quarter or two ... well, they will be acquired by someone big, like really big. There will be some pressure from shareholders if that happens, but I believe management has other plans. I really wanna see the R2, and know the preorder numbers as soon as they will become available, the share price will react. At this point I am happy with my average of mid 10s, (keep in mind, I only own 5k shares - as of writing) and I expect at least a 50% return on my investment this year, preferable before 1st of September.
Did you just drive by rivian in this blog?😂
Rivian has $9 in Cash, $5B in liabilities and industrial debt, and they're burning $1-2B per qrter.
That's why the market has priced it at $9B.
It's easy to make a great product for $140K, and sell it for $90k and say look man, people love my car.
I tthink you need both combustion and electric. But think hybrids will be the future, best of both worlds
How come you're not at "Moda Miami"? There was private premiere of the "BR1" with your old Mate 😉
You was flying down those roads 😂😂
lol forreal huh
Naw for fake! 🙄
Rivians silhouette is very Range Rover inspired. They got it right.
Ale! You speak the truth and I love it!!!?
I really agree with your view on Rivian. Now is a good time to invest in them.
Good point....🤌
Bring back the OG crew
I think electric cars could have a place as a second car for a family to go around the city. For big haul, flights and ships, gas (or maybe hydrogen) might be a better fit.
Como extrañaba esa intro!!!
Salomondrin Great Video I definitely agree that Rivian probably won't go Bankrupt and I think it's awesome that they're worth so much
I think another reason why Tesla does so well over rivian one they offer such a wide variety of vehicles from a truck to a crossovers to outright car such as model 3 and they also offer charging stations readily available as a package. Rivian needs to do that
Lithium is only one part of the equation for building electric cars and batteries, we don't have enough copper, cobalt, graphite etc. been pulled out of the ground, so sooner or later, EV production is going to have to drop and wait lists grow, whilst the world plays catch-up with the other resources.
I don't know why these car manufacturers didn't try doing hybrids first then go into electric cars kind of easing the American public into it as well as developing the batteries so they can go ahead and last longer and be able to take charges either quicker or lasting longer
Hybrids seem to be the future.
Hybrid is OK, full electric is dee dee dee.
I'm trying to buy the hell out of some Rivian stock now!
Damn shortest podcast ever.
Horses are the future.
That kid with Alejandro isn’t named Sergio or is he ? Remember he had that ginger haired cameraman ( forgot his name ) and Alejandro gave him Mexican name 😂
Come to asia bro. There are like 20 different electric car brands out here and more popping up every day. The issue in america and europe is the cost of production there vs everywhere else
Rivian is burning through cash fast. There has been news that they will finally turn a profit in the fall. They are really trying to sell their cars by offering a discount up to 20% right now. If they survive for when R2 comes out in 2026 should be okay
0:47 LOL!!
I think it will be a mix of gas and electric.
En 15 años los de combustión van a empezar a pasar a ser de colección (?)
EPA, CARB, Euro 7 and other automotive regulatory agencies have already legislated for all new cars to be sold have to be EV or PHEV by 2035 or most likely 2040. Although CARB will make it more difficult in the future to own an ICE car they cannot ban it. Which is why synthetic fuels will be the future since there will still be new ICE cars sold until 2035 and will continue to run for decades after legislation for EVs.
In many EU countries with Low Emission Zones (LEZ zone) you have the right to drive an ICE car 8 times a year for example; after that it is a 350€ fine, every time you do. Old-timer or not. Make no mistake this is NOT a "rich person only" system where you can simply pay (like a tax); after 3 infringements you are in front of a judge and they can confiscate your car(s).
Sounds like a communist country you live in. Yet electric cars all doing more damage then good smh
hybrids are the future, for sure the next few decades as batteries get better and cheaper it will bring more electric cars but there’s still for to many limiting factors for them to become the norm that has been pushed by all the 2030 bs. I’d love to hear other thoughts?
Hybrids are the past. Why would anyone choose a car that needs oil changes and smog checks and tuneups and special trips to the gas station when they could just plug in when they get home or when they get to the grocery store or the restaurant they’re eating at that night and never have to deal with any of those inconveniences? A hybrid is just a gas car with an extended range and twice the things that can go wrong. Good marketing but any more than 250 miles of range and you’re just being duped into paying for something you’re never going to use. Even on a road trip. I have never driven 5 hours straight without someone needing to stop to eat or use the bathroom and I take a lot of road trips.
Hydrogen is a pipe dream… it’s EV with an extra step. Literally makes zero sense.. let’s use electricity to make hydrogen, and then let’s use hydrogen to make electricity… also zero infrastructure … and getting smaller as a major company just got out of the biz.
I think Rivian took too long to release there vehicle and entered in the wrong market especially with tesla just having the market on lock on the lower end with model 3 and high end with the model s/x. So I think they should brought a direct competitor for model 3/Y then brought out the more expensive models.
There's a Rivian factory next door to my work
You dance at the Pink Unicorn in Atlanta?
Rivian either gets bought by Ford, or merges with Lucid ,becoming EM, electric motors.
Electric cars are done in Europe. Manufacturers will likely only make hybrids now.
Apple needs to take the 10b in tech they built over the last ten years and push it into rivian.
Buy the dip
All IN... Bawls deep!
Alejandro did you know that the entree price for an electric car in france is 100 euros a month no fees more
I have a mazda 6s 95000 miles i got it from from an old lady it sat in garage for 2 yrs ...i love it. 45 fills it in Texas..on 87
Eww a modern Mazda engine (within past decade) with 95K miles. Dude get rid of soon.
We think McLaren will go bankrupt or get bought out.
The infrastructure for electric cars and trucks just isn't there yet.
at 2:45 u said they got investments from other companies specify please i want to know that this isn't artificially inflated. right now i'm broke basically and i wanted to know if i'm investing in the right place, tryna get to freedom like you guys and i'll sacrifice anything for that.
Apple should just buy the rivian stock and allow the brand to continue on its own with CarPlay finally :)
Nie call with Lewis not going to Ferrari 😂
It’s going to be about 50 years before we are all electric and that’s a maybe……… Infastructure sucks for electric cars. Until that’s fixed nothings going to change.
This guy forgot to look at Rivian’s debt at the same time. It will need many more billions in just a few quarters. With the r2 preview coming up, it might bounce back a bit, but in the long term, stock price will probably continue to tank.
Hydrogen cars will be the future
I think there will be 2 classes where the rich will be able to drive their classic cars. *I don’t think this will be appreciated until another 100 years. Where a gasoline car will be unattainable to everyone but the ultra rich.
Electric cars wont be leaving but you have also have synthetic fuels.
For Europe, EV + Hybrid will be the way to go for a long time. Like Elon also explains; the lifecycle of a car in the EU is about 12 years. People will not change to EV before as buying a car is a life decision for most people. (lease in EU is only for companies). Also; people start to see that charging is complex in big towns and the density of population is often very high. Charging is complex in high density areas.
This week the Dutch energy agency asked to cut EV charging between 16h and 19h as the grid has issues, even today.
Bro I would be careful wearing the NASA sweater!
I hope you know what they stand for!
National Aeronautics and Space Administration
Cars and vans account for around 10 percent of GLOBAL CO₂ emissions. Light-duty vehicle sector emissions need to reduce by roughly six percent per year through to 2030 to get on track with the Net Zero Scenario.Sep 22, 2023
So weird, I know people that just bought 15 year old cars that is there only car.
ICE FOREVER!
Do they expect everyone who owns a 15 year old car to scrap it? Does that include GTO s , DB5’s etc etc? 😎
I’m not sure how being a status symbol in niche areas of California is going to help them stop losing 60k a car.
There used to be a lot of Fisker's rolling around as well :)
Oh how times change in 2 Weeks. R3 is going to be a cash cow for them if they can actually survive production hell.
Bezos has been selling $2B of Amazon stock a week...accumulating funds to buy Rivian?
What happened with tesla letting rivian and everyone else using thair charging grid ? Non tesla vehicle are hard to charge when road tripping. Thats a big munis for Rivian
electric , cheapest? for whom?
Ford wants to buy Rivian ? How much per share ? When should we buy Rivian ? --no kidding I really want Salomondrin to visit the car dealer Avi !!!
In my opinion, Rivian‘s going to come out the other side. Everybody thought the same thing about Tesla when they got started. What I will do is keep an eye out on Rivon stock so I can purchase more shares. People need to understand that the stock market is not a quick scheme to get rich. You have to study the stock market and predict that a loss is going to be a gain in the future. Basically, it’s the lung game. Not to mention anything that you decide to invest in the stock market think of it as money that you’re no longer ever going to see. It’s no different than going to the casino and betting on black.
@Alejandro: there are retrofits in development, on low energy nuclear technology. The CO2 you'd expect from the exhaust, becomes O2. No plant food, just human inhale directly. It's appears to be real, a similar paper was just published under peer-review in Nature by Greenyer and the Taipei uni. More specific to petrol/diesel cars, the Thunderstorm Generator is a retrofit that ionizes the air taken in, sends it through a water bubbler, into the engine. Then the gasses from the engine go back through the TG reactor, just a thin layer of metal removed from the intake air. Eventual exhaust gasse are COLD where you'd expect hot. Near zero carbon where you'd expect lots. 16% oxygen where you'd expect near zero. If true, the whole climate sham impacting hydrocarbon burning will be "green" suddenly, measure in plant food. Way more eco than EVs, although EVs make plants eat still.
Sorry to say this, but I shorted Rivian when you mentioned to buy it because there is a trend of RUclipsrs talking about stocks, and then losing tremendous value shortly thereafter.
There is no enough minerals to go full electric worldwide and that is the reason it cannot be long term solution. Car companies are pulling the plug already because it's a waste of money.
The difference is Tesla was actually making profit on their cars! Yes, Tesla wasn’t still profitable at the time because they were spending money on R&D but, the difference is Rivian is losing money even if they weren’t investing on R&D. Their cars aren’t profitable to make! I still believe Rivian will come out in a quarter or two to do a cap raise under the guise of “funding the R2” but still a long shot on if the R2 will get into production…(remember the delays for the R1??)
Electric cars will be very rare and for the super rich only.
I don't know if I would call it well priced. Most people live on wage-slave finances these days. So, I'm going to say that nine out of ten people wouldn't be able to afford a car like that in their lifetime. Most people these years struggle to afford the payments on 15-20k$ cars.
Hope that you see this, Keep the good work sexy mofo, Been here since 2015 dawggg
Hybrid is the solution I think
Ithinktheelectric car will disappear
More stock talk plz
I went to ur instagram as soon as i saw the news caz ik u 💩 ur pants 😂😂
Build quality and reliability are not the same. Lots of negative reviews about Rivians out there.
Rivian stock bounced off the bottom. yikes
I think when gas gets to 10 per gallón van a comprar ev
I would guess this will make internal combustion cars (IC’s 😂) go up in value? If so im storing my shit bucket Camaro and sell it in 20 years 😂
I think rivian will only survive if 1 they make a cheap model to compete with model 3/Y or they sell majority to a bigger brand like GM/Ford etc.
The real problem is fuel. All in all, electric cars contaminate basically the same as other ICE cars. Ideally, the future would be with alternative fuels with ICE and hybrid cars.
Rivian doesn't have 10bn cash, on paper they have a bit under 8 but they also have 4.4bn$ in debt. So that means they really have 3.6 and they are losing 5.5bn per year. That's about 85k in loss per car they sell. That's one hell of a margin. In an interview the other day the CEO didn't sound like he has a plan for improving that margin so that's why it looks a little bit like a deadite. A well liked product but unviable. And they just lowered the prices which can't help the margin. Elon had the profit margin to give so he just squeezed everybody. And they were all already bleeding hard. Everybody else loses money on EVs, not Tesla. The reason I think Lucid is being punished less is simply exposure. Their situation is really quite a bit worse. They have no dealer, they don't advertise, nobody is talking about them and despite Saud buying thousand of cars they only have 5000 annual sales. Real sales might be 1000 a year. And they were losing big money selling 200k$ cars and now they are forced into 70k cars. On paper it looks bad. In reality is looks the same :) In principle both could turn it around, they are both making good vehicles. But will they? I'm guessing no.
Electric cars will dominate, there wont be any primitive gassers. That the rich car guys are often stubbornly ignorant doesn't really matter, the rest of the world is shifting. Norway is already 100% EVs in new car sales. Next year pure ICE will be illegal to sell in Norway. I drive my Tesla, it's inconceivable that I would pick an ICE car next. The combustion engine died in 2006, it's just too dumb to have noticed.
Sidenote, I came across a rivian headlight for sale used, about 600$. That suggests their parts are crazy expensive. I just one headlight costs Rivian 600$ that quickly adds up.
And in case it wasn't obvious to some, such a headlight should cost 50$ or less. If suppliers are greedy douches then it's vertical integration time. Take it inhouse. It's not that hard a thing to make.
I missed lets talk about cars yo
Javi is still around?
Can they go bankrupt? Yes.
It’s a great car, especially the truck, but the economy might take them out. Loans cost way more now than ever before. Look at there financial statements.
Hybrid/alternative fuels should be our future not ev's. Heh