The future of vehicles, Rivian car is getting backlashed on Twitter today. People have been tweeting their poor experience with the Rivian as they should. Recently, Rivian informed their customers who have preordered the services via mail about the increment on their model cars which is pissing the customers off. The increment is not something minor instead, they have increased the worth by 20%. This has motivated people to eventually cancel their preorders and asked their money back and the loyalty they have been showing towards the brand. Twitter is filling up with people’s disappointment and anger.
This plan of action has made hashtags like #rivian #riviansucks popular on Twitter. Some of the tweets out of thousands.
On Sunday, I put down a $1,000 deposit on an R1S that as configured cost $76K. On Monday, I received an email that there’d been a price increase. My $76K car was now $93K, a 22.5% increase in 24 hours. At @Rivian, the motto should be “We’re here to fleece the world!” https://t.co/mRo5NypW0U
— Moe Davis (U.S. Air Force, Retired) (@ColMoeDavis) March 2, 2022
F Rivian
Customers wait 3.5 years on a wait list, buy stock in your company, and stab them in the back charging $12,000 more for making them wait? You suck at production and screw the loyal. @RJScaringe is a dick. #tesla all the way.#rivian @Rivian @elonmusk
— Jimmy Crack ? (@JimmyCr30364630) March 2, 2022
On Tuesday Rivian increased the selling prices of its vehicles by about 20%, the starting price of its R1T electric pickup trucks has gone up by about 17%, and its R1S sport utility vehicles by about 20% due to inflationary pressures and higher component costs.
https://twitter.com/jeremy480/status/1498883449095999488?s=20&t=MndAo2FKVzcdNcXLMjoq0Q
I have NO IDEA why people aren’t making a bigger fuss about this!
First, the vehicle is delayed. Because it’s delayed they’re able put a 20% lift on something they already took money from you for! They ? the price by 1/5!
This portends a horrible future CX. #baitandswitch
— Sino Auto Insights (@SinoAutoInsight) March 2, 2022
Fantastic way to do business. pic.twitter.com/RvhCpqMFZn
— No Shoes Mon (@NoShoesMon) March 2, 2022
Losing people’s trust is the biggest loss for any business. Rivian has lost here.
They all are pure garbage companies pretty soon everyone will realize it's only $TSLA in the game
— Financial Freedom (@CapitalPacer) March 2, 2022
The new changes in the pricing of Rivian have made people tilt towards Tesla. Tesla is also an EV manufacturing company from the US. Tesla’s CEO Elon Musk kicked in the opportunity and has responded by tweeting on Rivian’s negative gross margin is “staggering”.
“Our primary challenge is affordability. Creating an expensive truck is relatively easy. If it is extremely hard to do so for Tesla, despite our much greater economies of scale & better technology, then it is damn near impossible for others,” Musk said in another tweet.
Some people refused to trust any of these companies as they have dented their customers’ trust and made them believe these companies only want to exploit their customers for their own good.
I refused to buy a Tesla because of these methods of raising prices significantly. Now $RIVN you’re off my list. How are consumers suppose to afford an EV if each time the prices skyrockets. You’re made for the rich only.
— Dillon Chan (@dillon_chan) March 2, 2022
Electric vehicles (EVs) are the future of roads. A couple of years back the trend of EVs is very high because of various reasons which include sustainability of the vehicles, better functioning than conventional cars, environmentally good, and more. EVs first came into existence in the mid-19th century but they came into recognition recently when people started getting more aware of climate change.
Companies like Tesla, Ford, and also Rivian have made people more interested in EVs. Rivian electric vehicle fan base is very much high in the market and it is always seen as a competition of Tesla which is why any mishappening by either of the companies can lead to a profit for either of the companies.
The company has to take these concerns by customers very seriously if they want to stay in the market. Gaining the trust of people would be difficult but not impossible.
