General EV Conversation
Mar 1, 2024 | 01:03 PM
Joined: Mar 2014
Posts: 3,348
Likes: 548
From: fl
I really hope no one here owns Fisker stock. Down almost 90% from all time highs.
Mar 1, 2024 | 01:07 PM
Joined: Oct 2019
Posts: 19,330
Likes: 3,626
From: California
Quote:
Originally Posted by
jrmckinley
I really hope no one here owns Fisker stock. Down almost 90% from all time highs.
I didn't even know they were public
Mar 1, 2024 | 01:09 PM
Joined: Sep 2010
Posts: 25,911
Likes: 4,269
From: Alberta
Quote:
Originally Posted by
jrmckinley
I really hope no one here owns Fisker stock. Down almost 90% from all time highs.
I know that's brutal. Lucid and Rivian are not much better but at least Rivian has a decent change IMO. Lucid is red $340,000 for every car sold how are they ever going to turn that green? I guess they are counting on their SUV to save them.
Mar 1, 2024 | 01:54 PM
Joined: Jan 2012
Posts: 16,576
Likes: 411
From: Knoxville, TN
So if Rivian goes out of business what do the owners of their vehicles do? I guess just SOL?
Mar 1, 2024 | 02:08 PM
Joined: Sep 2010
Posts: 25,911
Likes: 4,269
From: Alberta
Quote:
Originally Posted by
AJT123
So if Rivian goes out of business what do the owners of their vehicles do? I guess just SOL?
Screwed on many levels. No warranty, no source for most OEM parts. Resale value will tank.
Mar 1, 2024 | 02:14 PM
Joined: Jan 2012
Posts: 16,576
Likes: 411
From: Knoxville, TN
Quote:
Originally Posted by
LeX2K
Screwed on many levels. No warranty, no source for most OEM parts. Resale value will tank.
Right. Screwed. It's a shame because those are one of the coolest EVs to me.
Mar 1, 2024 | 02:18 PM
Joined: Oct 2019
Posts: 19,330
Likes: 3,626
From: California
I don't think Rivian owners have anything to worry about. I would probably be worried if I recently bought a Fisker
Mar 1, 2024 | 02:35 PM
Joined: Sep 2010
Posts: 25,911
Likes: 4,269
From: Alberta
Rivian is going to run out of cash unless they somehow drastically cut production costs or get new investments.
Mar 1, 2024 | 03:03 PM
Joined: Oct 2019
Posts: 19,330
Likes: 3,626
From: California
Quote:
Originally Posted by
LeX2K
Rivian is going to run out of cash unless they somehow drastically cut production costs or get new investments.
Oh yeah, just looked at their last earnings report. Yikes
Mar 1, 2024 | 03:07 PM
Joined: Apr 2007
Posts: 10,152
Likes: 1,136
From: NJ
They're retooling the line in Q2 which will reduce the total COGS
Mar 1, 2024 | 03:44 PM
Joined: Sep 2010
Posts: 25,911
Likes: 4,269
From: Alberta
Probably doesn't apply to anyone here but just in case, small number of Lightning's have loose nuts on high voltage cables.
Mar 1, 2024 | 07:43 PM
Joined: Apr 2019
Posts: 10,998
Likes: 1,524
From: FL
Quote:
Originally Posted by
AJT123
Right. Screwed. It's a shame because those are one of the coolest EVs to me.
I'm hoping someone will see that value in their product and help them.
Mar 1, 2024 | 07:45 PM
Joined: Apr 2019
Posts: 10,998
Likes: 1,524
From: FL
Quote:
Originally Posted by
AMIRZA786
Oh yeah, just looked at their last earnings report. Yikes
What happened, bad quality or something else?
Full disclaimer, I have nothing against them, just rooting for the other brands I like better.
Mar 1, 2024 | 08:23 PM
Joined: Feb 2001
Posts: 80,219
Likes: 3,717
From: happy
Quote:
Originally Posted by
AMIRZA786
Maybe it wasn't the car. And maybe you shouldn't have floored it. Just sayin 🤣🤣
ha... don't think so, she was gesturing a lot at the car, had a friend in the car who was also looking.
Mar 2, 2024 | 11:22 AM
Joined: Jan 2012
Posts: 16,576
Likes: 411
From: Knoxville, TN
Quote:
Originally Posted by
AMIRZA786
Oh yeah, just looked at their last earnings report. Yikes
How bad?
Crazy to me easily one of the best looking EVs may not make it.
Rivians look fantastic, the paint pops, the lighting pops.... It would be on my short list.
