Dan Romero pfp
Dan Romero
@dwr.eth
Anyone consider buying a Rivian worried about bankruptcy risk given dependency on software updates?
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simon pfp
simon
@sa
Considering buying the smaller SUV if it makes it to production. It's hard to stay in business losing 10's of thousands per vehicle though. The R1T is cool, but I really don't need a large truck! Are you thinking of getting one?
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timdaub pfp
timdaub
@timdaub.eth
planning to ride in this sick electric vehicle the american mind cannot comprehend
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mk pfp
mk
@mk
Don’t worry we’ll do ethEV next and you can flash it.
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↑langchain 🎩 pfp
↑langchain 🎩
@langchain
Amazon will buy them in liquidation and you'll have updates for life served by AWS and you will be happy.
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Britt Kim pfp
Britt Kim
@brittkim.eth
R2 will 0 to 60 in under 3 seconds. I don’t really think about anything else.
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Drew Volpe pfp
Drew Volpe
@drew
It's a good truck and a valuable brand. If they did go bankrupt, they'd be acquired and continue on. Maybe by Geely. Or Stellantis.
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Christian_Dtmr pfp
Christian_Dtmr
@evaluate
probably better to lease for that reason + the $7,500 tax credit, and then buyout if they secure funding. I just reserved the R2 after they announced access to Tesla’s supercharger network and I haven’t had a car since 2016. The R1S is nice, but $92k is steep and I imagine their demographic doesn’t need 3 rows
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David T Phung url🔄irl ENERGY pfp
David T Phung url🔄irl ENERGY
@davidtphung
i believe rj is being clarity and fine tuning things to ramp up. this is their version of model 3 “production hell” moments.
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Dave Pazdan pfp
Dave Pazdan
@paz
yea I was just talking with a Rivian owner about this, more so about servicing the vehicle. Software I assume would be prob easier to maintain in a limited state.
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Peter Kim pfp
Peter Kim
@peter
2021 reservation holder and still waiting for this exact reason
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ciniz pfp
ciniz
@ciniz
lmeow
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Joris 🧢 pfp
Joris 🧢
@joris
Tbh, leasing might be the safest bet right now! If things go south, you're only risking your down payment, without the hassle of worrying about resale value. Did a deep dive into this when looking for our second car. Ended up with a Tesla Model Y, as there were no Rivian leases available in Connecticut.
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VoR0220 pfp
VoR0220
@vor0220
This is a legitimate concern. I wonder…does it ever make sense to open source the computer source code if you’re a failed car company? Or is that asking for something bad to happen to former customers?
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Zac pfp
Zac
@zac444
At the end of the day it’s just a battery and some motors, can just, bypass/hack your way around the Rivian BS anyway.
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Vivek pfp
Vivek
@0xvivek
I want ai in comments.
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Patrick pfp
Patrick
@patrickjpatten
Why does anyone want this car? https://www.reuters.com/legal/rivian-must-face-lawsuit-claiming-it-defrauded-ipo-investors-over-vehicle-prices-2023-07-06/#:~:text=July%206%20(Reuters)%20%2D%20A,leading%20to%20unpopular%20price%20hikes.
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Maru↑ pfp
Maru↑
@0xmaru.eth
The dependency on software updates is one of the factors that affects Rivian’s bankruptcy risk. Software development and maintenance are costly. There are also risks such as software bugs and hacking
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