Why I Won’t Buy A Rivian

There are respective reasons not to bargain a Rivan. And the database is growing.

Rivian (NASDAQ: RIVN) has won respective awards arsenic 1 of the champion SUVs. But erstwhile it comes to the golden modular of prime measurements, that starts to autumn apart. In the  JD Power U.S. Initial Quality Survey 2026, determination are 246 problems per 100 vehicles owned implicit the archetypal 90 days of ownership. It is 1 of the brands marked "it does not conscionable grant criteria." Power decided to people it nevertheless. And the property that covers cars jumped connected the low-quantity numbers. The fig was worse than that of immoderate of the brands evaluated. I usage J.D. Power erstwhile I store for cars.

The caller R2 SUV is expected to prevention the company. Rivian says its basal terms volition beryllium $44,990. Recently, it launched the Performance Launch Edition priced astatine $59,485. The little costly exemplary volition beryllium released later. So, it is hard to measure whether it tin measurement up to what Rivian says it volition

In the meantime, I tin bargain the R1S SUV, which has a basal terms of $83,990. It has 7 seats. And the R1T pickup costs $79,990. Add a fewer features, and the prices determination supra $100,000. The sticker daze gets unbelievable.

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Rivan doesn't person galore work centers. So, wherever should they spell for service? In Texas, the 2nd astir populous authorities successful America, Rivan has four. It has 1 successful Arizona. However, Rivian has a work called its Mobile Service. Rivian Technicians unit it. The institution says, "We prioritize the information of our technicians and owners by limiting repairs to what's harmless successful a Mobile Service environment."

Rivan has a absorption problem, based connected its results. RJ Scaringe is the laminitis and CEO. He has voting power of the company. It is not definite whether that was existent since helium got divorced. In the meantime, helium received a $406 cardinal wage package. That is simply a batch for the CEO of a institution that has mislaid billions of dollars.