Rivian CEO RJ Scaringe: Our core focus is driving toward profitability

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  • เผยแพร่เมื่อ 2 ก.พ. 2025

ความคิดเห็น • 81

  • @aaammm1033
    @aaammm1033 2 หลายเดือนก่อน +50

    Really want a rivian. I hope they stick around.

    • @CarlitoswayDR
      @CarlitoswayDR 2 หลายเดือนก่อน +3

      Yeah but damn they need to find ways to get cheaper and efficient, scale up!!

  • @datocosmico
    @datocosmico 2 หลายเดือนก่อน +22

    I am deeply convinced Rivian is a stock you should buy moderately if you can allow yourself to have some 'crazy money' in your portfolio; this company will either go bankrupt in the next 3-4 years or will massively, massively skyrocket in the upcoming 5 years, talking about ROI of at least 1000% if you buy now in the upcoming 5 years; I am buying some stock that I am willing to lose because I do think the bet is worth it.

    • @hankkingsley9183
      @hankkingsley9183 2 หลายเดือนก่อน

      What makes you think an automaker stock would skyrocket in 5 years? There is no past history to suggest that would happen, it's a pipe dream

    • @wesleychapman9001
      @wesleychapman9001 2 หลายเดือนก่อน

      @@hankkingsley9183 ever heard of a company called Tesla?

    • @derek3524
      @derek3524 2 หลายเดือนก่อน

      ​@@hankkingsley9183No history of that happening? Have you heard of a company called Tesla?

    • @TamaraGrace
      @TamaraGrace 2 หลายเดือนก่อน +1

      ​@hankkingsley9183 you maybe right with gov wanting to phase out vehicles...

    • @datocosmico
      @datocosmico 2 หลายเดือนก่อน +2

      @@hankkingsley9183 Yeah, Tesla the only pure EV in the American market above Rivian and therefore the best comparison 'didn't' go from USD 23 in 2019 to USD 280 in 2021 producing a ROI of 1,200% barely two years after, yeah, sure a pipedream

  • @letstrythat00
    @letstrythat00 9 วันที่ผ่านมา +1

    I've got a bunch of his stock. I'll keep buying. I like him as a CEO. I like their company. It's backed by Amazon and VW. I'm confident in his ability.

  • @anthonybertolini6153
    @anthonybertolini6153 2 หลายเดือนก่อน +15

    He would be an interesting guest for Rogan's podcast.

  • @wesleychapman9001
    @wesleychapman9001 2 หลายเดือนก่อน +9

    Rivian needs to get the R3 out next. R2 is basically an R1, but the R3 is completely different and I believe one of the best looking and most practical vehicles in Rivian's line up. I want an EV, but Tesla's are too bare-bone and the Cybertruck isn't my style. The R3 imo is Rivian's golden vehicle, and will do for it what the Model 3 and Y have done for Tesla.

    • @hankkingsley9183
      @hankkingsley9183 2 หลายเดือนก่อน

      Even if they release the R3, they won't sell much as it's a relative unknown and there is plenty of competition. VW will let them die on the vine and absorb their business, is my guess

    • @wesleychapman9001
      @wesleychapman9001 2 หลายเดือนก่อน

      @@hankkingsley9183 I don't think so. People want cool cars with excellent functionality - that's the R3 and the R1&2. Many people want an EV but won't buy a Tesla because they won't support Elon, and many other EV's aren't as practical as they appear nor are as reliable. I think Rivian has a real shot, especially being backed by VW and with some support from Amazon as well. We'll see though with Trump pulling the $7,500 tax incentive and him making gas prices more affordable. Out here in Southern Cali it seems 1/70 vehicles are a Rivian.

  • @timber741
    @timber741 2 หลายเดือนก่อน +13

    Only negative answers here so far. 🤢He explained everything very well and after Q4 they will be gross positive .. i remain optimistic.about it 👍🤝

  • @qball66
    @qball66 2 หลายเดือนก่อน +4

    Our core focus is 'surviving!..

  • @alexmedina6742
    @alexmedina6742 วันที่ผ่านมา

    Rivian company is here to stay hope so

  • @diydad5067
    @diydad5067 2 หลายเดือนก่อน +4

    -92% from IPO is this a buy opportunity?

    • @LourencoJJN
      @LourencoJJN 2 หลายเดือนก่อน

      Well is -92% is not then what is? This company definitely has potential

  • @cluhbin6757
    @cluhbin6757 7 วันที่ผ่านมา

    Personally I’d rather drive a Ford. However, I do find Rivian vehicles nice, I see them quite a lot in California, and will continue to dollar cost average with incremental investments weekly. I’m intrigued to see how the ceo and his team improve the scaling process and considering I’m invested, I hope the future is bright.
    Furthermore, investors should acknowledge their negative income statements strongly as there will probably be more share price drop offs as they continue to improve their profitability issue.

  • @jhaiphet1970
    @jhaiphet1970 หลายเดือนก่อน +2

    Tesla was built on subsidiary

  • @starshipcaptain4753
    @starshipcaptain4753 2 หลายเดือนก่อน +24

    He's a smart CEO I can't wait for the R2 and R3

    • @grantrichter3904
      @grantrichter3904 2 หลายเดือนก่อน

      Hes an idiot who drove the company into the ground

  • @juanluria5011
    @juanluria5011 2 หลายเดือนก่อน +1

    Rivian got to step up because Tesla is the main competitor right now. There’s place for both companies to succeed in electric vehicles but definitely the CEO’s got to take a pay cut for this company’s to do good.

    • @jayeshpi
      @jayeshpi หลายเดือนก่อน

      Rivian CEO's pay package is absolutely miniscule, compared to other CEOs, and even the CEOs of startups. You can look up yourself

    • @letstrythat00
      @letstrythat00 9 วันที่ผ่านมา

      ​@@jayeshpiright it's like people don't even bother to look it up.

  • @GReid-ol5gk
    @GReid-ol5gk 2 หลายเดือนก่อน +2

    This interview didn't do much to inspire confidence...

  • @oscarvelarde5622
    @oscarvelarde5622 2 หลายเดือนก่อน +3

    Stop taking all the profit from the company and take a huge pay cut!!

    • @letstrythat00
      @letstrythat00 9 วันที่ผ่านมา +1

      His salary is was 650k per year for a while now it's 1 million a year. That's 26 times less than any other American car company. It's peanuts in the grande scheme of a company this size.

  • @lizbethhowington
    @lizbethhowington 2 หลายเดือนก่อน +171

    Agree that many people are considering NVDA as the "Stock of the year." However, I'm curious about which stocks could potentially become the next META in terms of growth over the next decade. I've allocated $200k for investment, looking for companies to make additions to boost performance

    • @AndreAlbritton
      @AndreAlbritton 2 หลายเดือนก่อน

      I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective and i will advice you consider a financial advisory for informed buying and selling decisions. Likewise myself i don't just put money in any stock without the advise of my FA

    • @lizbethhowington
      @lizbethhowington 2 หลายเดือนก่อน

      Please who is the consultant that assisted you and if you don't mind, how do I get in touch with him?

    • @AndreAlbritton
      @AndreAlbritton 2 หลายเดือนก่อน

      Gabriel Alberto William is my financial advisor. I recommend conducting your due diligence with his full name-you're likely to find essential information online to help you schedule an appointment

    • @lizbethhowington
      @lizbethhowington 2 หลายเดือนก่อน

      Thank you for this tip, it was easy to find your coach by just googling his full name and his credentials shows up immediately. Based on his résumé, he appears to possess a high level of proficiency, and I am grateful for the opportunity to work with such an elite

    • @rickhammond2473
      @rickhammond2473 2 หลายเดือนก่อน +1

      Tesla with Dojo

  • @reinhardtkk
    @reinhardtkk 28 วันที่ผ่านมา

    You need to look through RJs noise

  • @alexmedina6742
    @alexmedina6742 วันที่ผ่านมา

    I think Rivian R2 first and have R3 before the end of 2026 it be a great customers could decide for either at the moment I a current owner of Hyundai IONIQ 5 I decided to trade my ev for rivian R2

  • @MaximusWashington
    @MaximusWashington 2 หลายเดือนก่อน +3

    I’ll buy RIVIAN weekly - big 💰 in about 10 years from now

  • @jasonpeterson9362
    @jasonpeterson9362 18 วันที่ผ่านมา

    Rough 4 four years ahead possibly with President trump . But to not invest into new energy solutions would be pure blind financially.

  • @luckylenny
    @luckylenny 2 หลายเดือนก่อน +4

    Loss per vehicle... under GAAP... 3Q24 - $1.1 bill loss vs 10,018 vehicles sold... $109.8k loss per vehicle sold

  • @Anthony-dj4nd
    @Anthony-dj4nd 2 หลายเดือนก่อน +4

    💰 🔥

  • @CoopMauKona
    @CoopMauKona 2 หลายเดือนก่อน

    Doesn't understand the first thing about manufacturing. What's the point of building and selling something at a substantial loss? Vanity?

    • @LourencoJJN
      @LourencoJJN 2 หลายเดือนก่อน

      You sure about that buddy? You know the history of TESLA?

  • @VeraBrandt-ln9po
    @VeraBrandt-ln9po 2 หลายเดือนก่อน +8

    I'm favoured $130k every 4 weeks! I now have a good house and can afford anything and also support my family

    • @WebsterVissel
      @WebsterVissel 2 หลายเดือนก่อน

      How please?

    • @VeraBrandt-ln9po
      @VeraBrandt-ln9po 2 หลายเดือนก่อน

      Yeah, since meeting expert Debra, I now agree that with an expert managing your portfolio, the rate of profit high, with less risk.

    • @VeraBrandt-ln9po
      @VeraBrandt-ln9po 2 หลายเดือนก่อน

      I will advise you stop trading on your own if you keep losing. And i don't trade on my own anymore, I always required help and assistance

    • @VirgoBurg
      @VirgoBurg 2 หลายเดือนก่อน

      She's my family personal Broker and also a Broker to many families here in the United states, she is a licensed Broker.

    • @Reynold-Kelly
      @Reynold-Kelly 2 หลายเดือนก่อน

      Alright thanks for the recommendation but how do I reach her?

  • @mullholand
    @mullholand 2 หลายเดือนก่อน +8

    Rivian isn’t long for this world.

  • @Silveer14
    @Silveer14 2 หลายเดือนก่อน +3

    Good luck with that, maybe if you sleep in the factory

    • @rickhammond2473
      @rickhammond2473 2 หลายเดือนก่อน

      So true and even that not happening Musk almost went bankrupt within 2 weeks time that is how hard it is to produce EV's and with a PROFIT.

  • @stephanieborg6611
    @stephanieborg6611 2 หลายเดือนก่อน +2

    The problem with companies like Rivian and Lucid is that they have engineers running the ship. These companies have more than enough capital to hire seasoned individuals from within the Automotive industry to right the ships. Their product is good (with Lucid so far their product is phenomenal) so you have built the better mousetrap. Now you need to get the sales up and cut the fat. You do not have the issue with Unionized labor costs so you have every advantage over the conventional automakers to turn a profit and as such should be taking advantage of this.

  • @fatcat9468
    @fatcat9468 2 หลายเดือนก่อน +1

    TESLA BABY!!!!

  • @Irontrader.Wallstreet
    @Irontrader.Wallstreet 2 หลายเดือนก่อน +6

    A loss of 39k per vehicle this company will be gone within 2 yrs. Buy Tsla Stock

    • @murkyturkey5238
      @murkyturkey5238 2 หลายเดือนก่อน

      Yeah wtf 😂 shouldn’t even be a question

    • @datocosmico
      @datocosmico 2 หลายเดือนก่อน +3

      Volkswagen thinks different,

    • @Irontrader.Wallstreet
      @Irontrader.Wallstreet 2 หลายเดือนก่อน

      @@datocosmico Time will tell but looks like you have another Kmart & Sears going on here - TSLA is the EV trade

  • @bertaglen
    @bertaglen 2 หลายเดือนก่อน +8

    After second review WOW!!! This fellow is the "Kamalot" of CEOs. He can't answer the question! "Without any of the $5B from Volkswagen deal, do you have enough funds to reach to R2?" Answer from RJ..."Blah, blah, blah (lots of hands flailing about), more blah, blah, blah." WTH dude! Here is how you answer. "Yes! we are financially positioned and have capital reserves to develop and grow the business to R2 before and after our deal with Volkswagen." Simple!!!

    • @Wheeling-TSLA-and-MSTR
      @Wheeling-TSLA-and-MSTR 2 หลายเดือนก่อน +1

      He is an engineer. Lol.

    • @steak5599
      @steak5599 2 หลายเดือนก่อน +1

      He talk about Supply Shortage. The reason for that is Suppliers are afraid of not getting paid, and they have been very cautious. Rivian and Stellantis are the 2 Automotive companies with a lot of red flags on them.
      Suppliers lost A LOT of money during the 2008 automotive crisis, they don't want to repeat that again. As for the 5 billion VW deal, they aren't getting 5 billion from VW in cash. VW is also in crisis mode too.

    • @letstrythat00
      @letstrythat00 9 วันที่ผ่านมา

      I think we need to understand the automotive industrybetter to make comments on it from the outside. Investment build out, r&d build out and it's economies of scale are just a few that most people don't understand.
      He answered you somehow made it political with that Kamala (whateverthefuckyousaidthere). There are costs to pivot to profitability and see through the "noise" as he put it.
      Are you going to buy one? Are you going to invest? Can you afford either? These are all things you should ask yourself before devolving th comment section into these petulant tantrums.

  • @zbayarea
    @zbayarea 2 หลายเดือนก่อน

    Buy $100,000 of Rivian shares now and forget it instead of buying R1S now

  • @bertaglen
    @bertaglen 2 หลายเดือนก่อน +5

    The Elizabeth Holmes of EVs. Or better, the Edsel of EVs. "Perfect design, beautiful lines, focus groups love it, high customer satisfaction"...BUT NO ONE IS BUYING IT!!!

  • @kte1973
    @kte1973 2 หลายเดือนก่อน

    a money-wasting environmentalist. Worst CEO.

  • @weho_brian
    @weho_brian 2 หลายเดือนก่อน +3

    TSLA 💪💪💪💵💵💵