Recent comments in /f/wallstreetbets

CaliforniaBlueJay420 t1_j9r2f63 wrote

Reply to comment by CaliforniaBlueJay420 in Rivian Business Strategy Walkthrough - Do they have what it takes to compete against Tesla? by maliknyc

Rivian R1T vs the Ford F-150 Lightning on specs:

One of the key differences between the two vehicles is their range. The Rivian R1T has a range of up to 400 miles, while the Ford F-150 Lightning has a range of up to 300 miles. The Rivian R1T also offers impressive off-road capabilities, with adjustable air suspension and up to 14 inches of ground clearance, while the Ford F-150 Lightning is designed more for on-road use.

Another difference is their towing capacity. The Rivian R1T has a maximum towing capacity of up to 11,000 pounds, while the Ford F-150 Lightning has a maximum towing capacity of up to 10,000 pounds.

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CaliforniaBlueJay420 t1_j9r225n wrote

Reply to Rivian Business Strategy Walkthrough - Do they have what it takes to compete against Tesla? by maliknyc

Excellent product and strong company. RJ is a smart man. First to market with an electric truck that gets over 400 miles range and still the reigning champ of that space with Ford's lightning even hitting a recent production snag and still not as many units produced as Rivian. Hopefully we can see RIVN reach 100k units produced this year off their line in Illinois. If you want some juicy news, look up the state legislation and major tax credit package that the Governor of Illinois signed at the end of 2022 to benefit EV makers like RIVN. The gov't has the back of RIVN and is not going to let them fail. And they have a factory in Georgia coming online within the next few years to at least double output. RIVN is a long play, you need to buy on the dip and be patient, but imagine when we reach over 100k in annual volume? Americans fucking love their trucks and SUVs.

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the_real_some_guy t1_j9qtdvv wrote

Reply to comment by Tfear_Marathonus in What in the world is going on with Ford (F) by ATV247

Sold is probably a bad word choice, claimed might be better. I waited over six months for my 2021 Super Duty. It sat in a parking lot waiting for parts for 4 months. I needed that truck and was calling around to dealers. Every truck was claimed before it hit the lot.

I now need a different truck and have been looking. Need an F350 dually? Expect to pay close to MSRP for one out of warranty. Also there are only about 20 listings nationwide.

I’m looking while traveling and there are more trucks on lots than there were at the start of Covid, but the market is still hot. It’s easier to get a truck than it was but only because dealers are still listing $10k over MSRP and the interest rates are high. Lots of truck owners need them for work. They can put off replacing them for a while, but not forever.

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