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Rivian pauses plan to build $5B Georgia factory

Stampede said:
Last year their sales were about 56,000. Why do they need a new plant with a production capacity of 250,000? Their one plant in Illinois can produce all they can sell.
Click to expand...
Probably because of the info in Post #3. The fat lady danced, shook down the audience (taxpayers) and paid off some political hack cronies.
 
Stampede said:
Last year their sales were about 56,000. Why do they need a new plant with a production capacity of 250,000? Their one plant in Illinois can produce all they can sell.
Click to expand...
They have/had an exclusive contract with Amazon to build the new delivery trucks. The GA factory was going to be the hq for that. Unfortunately, after hearing that I was one of the idiots that bought into the stock (when it was $26). I’m not a believer in electric vehicles but they had alot of steam a year ago.
 
We are surveying the site. Wouldn't hurt my feelings if this is true. Everyone hates going out to that site. But so far from our end no stoppage of the surveying part.
 
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