Tesla rival Rivian posts losses of $1.7B, with worse to come

Re:Tesla rival Rivian posts losses of $1.7B, with worse to come by samsepi0l on Monday November 14, 2022 @11:34AM (#33596624)

Unrelated really, but I think the design/spec of the Rivian trucks look great. Just cant imagine spending $100k+ on a truck.

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Re:Tesla rival Rivian posts losses of $1.7B, with worse to come by arcturus17 on Monday November 14, 2022 @11:37AM (#33596683)

Well, are you the type of person or business who would make money off said truck?

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Re:Tesla rival Rivian posts losses of $1.7B, with worse to come by samsepi0l on Monday November 14, 2022 @11:56AM (#33597063)

Nope. I'm just a regular human being who does not profit from the use of a truck

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Re:Tesla rival Rivian posts losses of $1.7B, with worse to come by rasz on Monday November 14, 2022 @12:10PM (#33597265)

Are you asking if he has a car dealership?

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Re:Tesla rival Rivian posts losses of $1.7B, with worse to come by arcturus17 on Monday November 14, 2022 @12:37PM (#33597752)

No, I'm asking whether the truck would be a money-making asset for them. Even a construction contractor or similar would fall into this category.

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Re:Tesla rival Rivian posts losses of $1.7B, with worse to come by rasz on Monday November 14, 2022 @03:47PM (#33600779)

Truck in a business doesnt make money, it is a depreciating fixed asset.

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Re:Tesla rival Rivian posts losses of $1.7B, with worse to come by arcturus17 on Monday November 14, 2022 @04:55PM (#33601788)

So is machinery in an industrial company. The notion that a depreciating asset does not make money is pedantic and better left to classroom settings.

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