The electric vehicle market is facing significant challenges and uncertainties, particularly for Rivian and the Cybertruck, while Ford's Mach-E and redesigned Mustang show promise amidst these developments
Questions to inspire discussion
Vehicle Design and Performance
🚗Q: How does the 2025 Ford Mustang Mach-E redesign improve its appearance?
A: The redesign adds black trim around wheel wells and door bases, preventing paint chips, making the car appear shorter, and drawing attention away from small wheels.
🔋Q: What issue does Tesla's Cybertruck range extender face?
A: The range extender now adds less range (445 vs 470 miles) and is further delayed, disappointing those relying on it for towing as range is cut in half to 220 miles.
Manufacturing and Supply Chain
🏭Q: What supply chain problems did Rivian encounter?
A: Rivian faced delays and losses due to poor quality motors and insufficient supply from Bosch, who allegedly underinvested in motor development while overpromising to EV startups.
Market Trends and Consumer Behavior
📊Q: What does the low take rate for Tesla Cybertruck non-Foundation Series orders suggest?
A: The surprisingly low take rate could be due to speculative orders, flipping, or refunds of reservations, possibly influenced by the easily refundable $1 deposit.
🚙Q: How are Rivian's upcoming R2 and R3 electric vehicles positioned in the market?
A: Set to debut in 2025, the R2 and R3 will offer a lower price point, expanding Rivian's reach, with their crowd-drawing appeal at auto shows indicating strong popularity.
Key Insights
EV Industry Challenges
🚗Ford's 2025 Mustang Mach-E redesign improves aesthetics with black trim to prevent paint chips and make the car appear shorter, while masking small wheels.
🏭Rivian faced supply chain issues due to Bosch's poor quality motors and insufficient supply, with Bosch allegedly underinvesting in motor development while overpromising to EV startups.
Tesla Cybertruck Updates
🔋Tesla Cybertruck's range extender now offers less range (445 vs 470 miles) and is further delayed, disappointing potential buyers, especially those planning to use it for towing.
🛻Non-Foundation Series Cybertruck order invites indicate a lower take rate than expected, possibly due to speculative orders, flipping, or refunds of the $1 refundable deposit.
Future EV Developments
🚙Rivian's upcoming R2 and R3 electric vehicles, set for a 2025 debut, aim to offer lower price points and have demonstrated strong crowd-drawing appeal at auto shows.
#FutureAzA
XMentions: @FutureAzA
Clips
-
00:00 🚗 Rivian faces challenges while Ford's Mach-E shows promise, and the Cybertruck raises concerns amid ongoing industry developments.
-
01:10 🚗 Ford's redesigned Mustang boasts aesthetic upgrades and a lower price, while Rivian and Cybertruck face growing concerns.
- The redesigned Ford Mustang features aesthetic improvements and a lower price, with design elements aimed at reducing paint chips and enhancing visual appeal.
- Ford's design choices enhance visual appeal, while the inclusion of pre-cooked wings and free fries adds unique benefits to their vehicles.
-
03:17 ⚡ Rivian is suing Bosch for contract breaches affecting motor supplies, while its upcoming R2 and R3 models aim to capture a broader market with lower prices.
- Rivian is suing Bosch for breach of contract over insufficient and poor-quality motor supplies, which has caused delays and losses for the company.
- Rivian's R2 and R3 models are anticipated to attract a wider audience with their lower price and generate excitement in the market.
-
06:17 🚗 Cybertruck's range extender will provide less mileage than promised and face delays, disappointing potential towing customers.
-
07:36 🚗 Tesla's Cybertruck invites are out for the non-foundation series with deliveries expected soon, but low demand and potential cancellations raise concerns.
- Tesla has begun sending invites for the non-foundation Cybertruck series in the US, with deliveries expected between October and November, while the foundation series is no longer available for order.
- The low take rate for the non-foundation series truck is evident as many recent reservation holders are being invited to configure their vehicles sooner than expected.
- Many truck reservations were made with minimal commitment, leading to speculation and potential cancellations, while international buyers await availability and tax credits are not guaranteed.
-
10:43 ⚡ Cybertruck faces potential incentive issues due to battery mineral content, causing delays in buyer decisions.
- The Cybertruck may struggle to qualify for incentives due to low mineral content in its batteries, despite being manufactured in Texas.
- Clarity is needed regarding the $7500 incentive, as many are delaying decisions based on its availability.
-
12:45 🚗 Uncertainty over the $7,500 incentive is delaying orders and hurting sales.
- Uncertainty about the $7,500 incentive is causing potential customers to delay orders, negatively impacting sales as they await clarity.
- Clarification is needed on a word, likely "bird," and viewers are encouraged to engage with comments and stay tuned for more content.
- 14:50 😄 A travel writer recalls a humorous moment when his young son begged not to stop the car during a historic tour, fearing the guide would start talking again.
-------------------------------------
Duration: 0:15:56
Publication Date: 2024-10-27T07:34:26Z
WatchUrl:https://www.youtube.com/watch?v=_pA0nr64JLU
-------------------------------------