[nicholasn]

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.