Re:Rivian valued at over $100B after biggest IPO of 2021
by KptMarchewa on Thursday November 11, 2021 @06:22AM
(#29186791)
They raise prices before they can't meet demand, despite trying. If they were in a position where it would damage demand, they would lower them instead. They have enough margin and a lot of cash on hand to do that.
[ Parent
| on HN ]
Re:Rivian valued at over $100B after biggest IPO of 2021
by sudosysgen on Thursday November 11, 2021 @02:07PM
(#29191775)
They can't meet demand. That's the key issue. If they could meet demand they would be in a better position. Their demand is only about 20% of total EV marketshare and dropping, if they can't even handle 20% with a first-mover advantage that puts them in a bad position.