Rivian to issue up to $15 billion of debt for Georgia plant – Crain’s*

Currently, Rivian builds two consumer models and a battery-electric delivery van at a sole plant in Illinois.
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Ex Illini
6 months ago

Rivian is hemorrhaging money. The more they sell, the more they lose. Don’t worry says Pritzker, they’ll make it up in volume!

Freddy
6 months ago
Reply to  Ex Illini

Two guys wanted to sell watermelons so they bought a cart and paid $2 for each melon. They sold them for $1 each. At the end of the day they found out they lost money. So the one guy turns to the other and says. Why don’t we buy a bigger cart? The other guy says. Now your talking.

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