From what I have seen, Rivian is losing money (apparently about $35k) on each R1T/R1S sold. Amazon vans are reportedly breaking even.
Tesla was making a profit on each vehicle sold early on in its history. When it scaled production up, it eventually became profitable.
Rivian is in a difficult spot because unless it can either charge a lot more per vehicle, or trim costs by a ton, increasing production will only exacerbate its financial position.
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Current rides: 2011 BMW 328i Coupe 6MT, 2009 Honda CBR600RR
Works in progress: three 1974 Honda CB750s
Previous rides: 2009 VW GTI 4D 6MT, 2020 Yamaha R3
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