R.I.P.
-
WANTED: Happy members who like to discuss audio and other topics related to our interest. Desire to learn and share knowledge of science required. There are many reviews of audio hardware and expert members to help answer your questions. Click here to have your audio equipment measured for free!
Show us your Cars
- Thread starter W2S
- Start date
Sorry to see another new venture fail. Still just another testament to the Tesla accomplishment. Rivian seems to be holding on.
My Acura Integra Type S. Swapped out the summer tires for Conti ExtremeContact. Losing some grip, but much quieter and I won't be risking my life in the wet or below 50 degrees.
Hey!
Danish born Henrik Fisker was hired by Elon to do the
Notables: Fisker Automotive, Fisker/Karma, Karma Automotive, Fisker Inc., ?Wanxiang?
[WD-40 took 39 failures]
We have two R1Ts and another R1S within few blocks. That camera-toting, Yeti-looking (Sasquatch?) creature (in Rivian Gear-Guard security system) cracks me up.
Blumlein 88
Grand Contributor
- Joined
- Feb 23, 2016
- Messages
- 22,981
- Likes
- 42,672
This is sort of Fisker's second failure. Most recently the stock was issued as a SPAC which seems to nearly always result in bankruptcy. Vinfast from Vietnam was issued as a SPAC and isn't dead yet. Might not die, but it has been a turbulent near fraudulent ride for share holders.
I too am seeing Rivians around and they look nice. I would like one if they were about 30% less expensive. They aren't making money yet so not likely I'll see that price soon. I saw somewhere that in the last year they lost $300k per employee.
I too am seeing Rivians around and they look nice. I would like one if they were about 30% less expensive. They aren't making money yet so not likely I'll see that price soon. I saw somewhere that in the last year they lost $300k per employee.
- Joined
- Jun 5, 2020
- Messages
- 5,091
- Likes
- 4,003
Funny that, I am doing the same just now.
I'll get a better picture when the car is down off the jack stands.
Where would this fit into a financial statement? I don't think it does anywhere. The employees do not benefit to the extent that shareholders/owners do and the employees are not responsible for these kinds of costs so it is not necessary to put them in this light.
Blumlein 88
Grand Contributor
- Joined
- Feb 23, 2016
- Messages
- 22,981
- Likes
- 42,672
No it doesn't belong on any meaningful financial statements. It is just a lay person's view into the fact they have a ways to go to be profitable. Another one is they lost over $30k per vehicle sold.Where would this fit into a financial statement? I don't think it does anywhere. The employees do not benefit to the extent that shareholders/owners do and the employees are not responsible for these kinds of costs so it is not necessary to put them in this light.
I remember from maybe the mid 1990's Jaguar was doing horribly. There was a 5 year period, when they would have lost much less money if they shut down the factory, got rid of all workers except for salesmen and kept their showrooms. And then had each salesman offer anyone who decided to buy one of their cars give them a check for $20k and suggest they buy a BMW, Audi or Mercedes. That kind of fictional story highlights just how bad it was.
I do hope Rivian makes it and becomes profitable. I think the best thing is they do have a large contract to sale vans to Amazon so there is the chance of light at the end of the tunnel.
SoonToBeRetired
Member
- Joined
- Mar 15, 2023
- Messages
- 32
- Likes
- 42
And I just put the same tires on my 2016 Honda Civic Coupe!
- Joined
- Jun 5, 2020
- Messages
- 5,091
- Likes
- 4,003
Dang, we should have arranged a group buy!
Despite being on a trajectory toward healthy positive gross margins in 2025, Rivian is still in the red to date.
Rivian’s gross vehicle margins narrowed slightly to a $38,784 loss per vehicle in Q1 from a $43,472 loss per vehicle in Q4. However, gross margins are still higher than the $32K and $30K loss in Q2 and Q3 2023, respectively.
Link
Next up are Rivian's new (not mid-life do-over) variants: R2 and R3...
| Q3 ’22 | Q4 ’22 | Q1 ’23 | Q2 ’23 | Q3 ’23 | Q4 ’23 | Q1 ’24 | |
| Rivian loss per vehicle | $139,277 | $124,162 | $67,329 | $32,594 | $30,500 | $43,372 | $38,784 |
Link
Next up are Rivian's new (not mid-life do-over) variants: R2 and R3...
I notice that most brands sold via TireRack.com offer Road-Hazard warranties and some; for as long as 3 years.
On my 2nd set of Hankook VentusV12 (Evo2 summer-99Y 245/45ZR17s), one tire collected a pole-spike on the sidewall... within a few weeks.
Hankook offers 3 types of warranties: *Uniformity, *WorkmanshipMaterial, and *RoadHazard (1 year on the latter and 3 in the 2 former).
Hankooks are comparatively inexpensive, but I wear them off every <20k miles. I get my mate Michelin PilotSports, but she is worth it!
This maybe why I also notice that Michelin tires' tread-depth are given as 9/32 (not the std. 10/32).
- Joined
- Jun 5, 2020
- Messages
- 5,091
- Likes
- 4,003
The daily.
Good video, may be interesting for some.
Joe Achilles attempts to drive 1500miles on one tank of fuel, from Africa to London in a VW Passat Blue Motion 1.6tdi he bought for £2500, I did once own a VW Caddy Highline van with the same 1.6tdi engine but with considerably more power, brother now owns it.
Joe Achilles attempts to drive 1500miles on one tank of fuel, from Africa to London in a VW Passat Blue Motion 1.6tdi he bought for £2500, I did once own a VW Caddy Highline van with the same 1.6tdi engine but with considerably more power, brother now owns it.
Arggh! Where is the fun in being a tender foot?
We've done the above in 49.5 hours, non-stop in a TR6 and no tickets. Is it legal if you don't get a summons?
Return-leg was on 4.5 cylinders and Lucas wipers working exactly 3.5inches in a 110mile heartland stretch, in dead of night.
Bit more fun on the saddle of a K75S; the intent was not to get there the fastest but to get there!
I was able to fly back home in one piece. My K75s was 'ferried' back (ships/trains, to California, via EastCoast)... arrived in multiple pieces.
Blumlein 88
Grand Contributor
- Joined
- Feb 23, 2016
- Messages
- 22,981
- Likes
- 42,672
Lucas wipers working at night you say? You might have had me fooled until you made an incredible claim like that.Arggh! Where is the fun in being a tender foot?
View attachment 376856
We've done the above in 49.5 hours, non-stop in a TR6 and no tickets. Is it legal if you don't get a summons?
Return-leg was on 4.5 cylinders and Lucas wipers working exactly 3.5inches in a 110mile heartland stretch, in dead of night.
View attachment 376857
Bit more fun on the saddle of a K75S; the intent was not to get there the fastest but to get there!
I was able to fly back home in one piece. My K75s was 'ferried' back (ships/trains, to California, via EastCoast)... arrived in multiple pieces.
Friend's father who owned a huge machine shop taught us how to (properly) work under a Triumph "bonnet' and weld a cracked head.
Week after, the TR6 was totaled by a Cadillac backing down on the CrossBronx Expressway exit ramp, during a torrential rain storm... as we were trying to get-off on that exit ramp... You guessed it... because we had forgotten to fix the $%^& wipers on the TR6.
[Experience was properly filed under the "Youthful Exuberance" folder.]
Week after, the TR6 was totaled by a Cadillac backing down on the CrossBronx Expressway exit ramp, during a torrential rain storm... as we were trying to get-off on that exit ramp... You guessed it... because we had forgotten to fix the $%^& wipers on the TR6.
[Experience was properly filed under the "Youthful Exuberance" folder.]
Blumlein 88
Grand Contributor
- Joined
- Feb 23, 2016
- Messages
- 22,981
- Likes
- 42,672
Did you remember to oil the TR6 carbs? Tell me you didn't forget that.Friend's father who owned a huge machine shop taught us how to (properly) work under a Triumph "bonnet' and weld a cracked head.
Week after, the TR6 was totaled by a Cadillac backing down on the CrossBronx Expressway exit ramp, during a torrential rain storm... as we were trying to get-off on that exit ramp... You guessed it... because we had forgotten to fix the $%^& wipers on the TR6.
[Experience was properly filed under the "Youthful Exuberance" folder.]
Add a shot of NO2 (high pressure aimed to spin the intake side turbo wheel up to speed before the exhaust can do it) at about 2500-3000 RPM. The high pressure kicks the turbo up to useful bust speed, the NO2 drops drastically drops the temperature of the intake charge, while adding 2 extra oxygen molecule, allowing you to be adding more fuel for a complete burn (just be sure to pull about 4 degrees of timing out of the system due to the substantially increased burn rate of the mix).
This will give the low end torque a big boost, combined with the turbo (now with no lag) can extend that curve.
Kick ass low end torque, a huge plateau of a torque curve, leading into your upper horse power.
Similar threads
