Rivian's Financial Struggles and the Future of Electric Cars

Salomondrin, the man who put his money where his mouth is, invested heavily in Rivian, Lucid, and Tesla. But the big question looming over the electric car industry is the fate of Rivian. With its stock plummeting, whispers of bankruptcy have begun to circulate. Salomondrin, cruising in his Rivian, ponders the future of electric cars. Will they dominate the roads, leaving traditional combustion engines in the dust? Or will there be a divide between the elite driving gas-guzzlers and the rest in electric vehicles?

Rivian's journey from stealth mode to unveiling their impressive R1T pickup and R1S SUV at the LA Auto Show is a tale of success. With backing from big players like Ford and Amazon, Rivian made waves in the EV market, becoming the second best-selling electric car manufacturer in the US after Tesla. However, recent financial results have left investors jittery. Despite exceeding sales expectations, Rivian's failure to meet delivery targets led to a sharp drop in stock prices. But Salomondrin remains optimistic, citing Rivian's strong brand appeal and strategic production plans as reasons for potential success.

Beyond Rivian's financial woes, Salomondrin delves into the European Union's proposed mobility rules. The controversial amendment aiming to phase out older cars to promote new purchases raises concerns about accessibility for those unable to afford brand new vehicles. Salomondrin predicts a future where electric cars reign supreme, relegating petrol-head favorites to weekend joyrides with premium permits. As governments push for electrification, the fate of classic internal combustion engines hangs in the balance. Salomondrin's musings paint a picture of an automotive landscape on the brink of a seismic shift towards electric dominance.

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• Request for a final hurrah with the old gang
• Discussion on the prevalence of EVs, hybrids, ICEs, and biofuels in India
• Support for e-fuels as a future solution, referencing Porsche's investment
• Concerns about the feasibility of phasing out combustion engine cars, especially for classic cars
• Debate on the future of electric cars, with some suggesting they will remain niche
• Advocacy for hybrids as the future of vehicles
• Speculation on the potential success and investment opportunities in Rivian
• Interest in the role of hydrogen as a future fuel source
• Concerns about the charging infrastructure for non-Tesla electric vehicles
• Discussion on the environmental impact of cars and the need for emissions reduction