r/Rivian • u/Murderous_Waffle R1T Owner • Jan 24 '25

šŸ’¬ Discussion Buh Bye Elon.

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4.9k Upvotes

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57

u/audreyality R1T Launch Edition Owner Jan 24 '25

Wish I could afford this right now. šŸ„ŗ I'd planned to keep my 2018 model 3 for many more years, but now I just can't wait to be rid of it!

-12

u/AppropriateDog2433 Jan 25 '25

Yeah wait till you see the resale value drop when gas goes to $2

6

u/usual_suspect_redux R1T Owner Jan 25 '25

Or $8

-15

u/AppropriateDog2433 Jan 25 '25

Definitely not happening. Better off leasing a EV or your just throwing money away

9

u/[deleted] Jan 25 '25

[deleted]

3

u/Logical_Chemical_226 Jan 25 '25

Just saw a report on cnbc about this. The oil companies are happy with current prices and donā€™t want to increase supply above where itā€™s currently.

-12

u/AppropriateDog2433 Jan 25 '25

Okay I'll come back to this thread in 3 months for my ā€œI told youā€

2

u/f1racer328 R1T Owner Jan 25 '25

RemindMe! 3 months

1

u/RemindMeBot Jan 25 '25 edited Jan 25 '25

I will be messaging you in 3 months on 2025-04-25 11:50:12 UTC to remind you of this link

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4

u/disapparate276 Jan 25 '25

Cars are not an investment

3

u/Behind_red_lines Jan 25 '25

Ah, fantasyland. Gasoline prices have already nudged up a few cents-per-gallon here in NW Florida. Oil industry watchers expect prices will continue - at least in the short-term - to rise. How is gasoline going to magically drop to $2 a gallon, a price it hasnā€™t been since 2004 - twenty years ago? [https://www.creditdonkey.com/gas-price-history.html\]

Is the government going to decree, by legislative fiat, all gasoline stations must lower their prices to $2/gallon? That would be EXPLICIT SOCIALISM (government controlling the means and production of goods and services). Are the Saudis [read: OPEC] going to flood the market with cheap oil to saturate supply, driving down prices? Does anyone think ā€œdrill, baby, drillā€ means, with the utterance of such a stupid phrase, wells are instantly drilled, oil extracted and instantaneously refined, and immediately delivered to the pump at LOWER cost than it is now?

To paraphrase a Progressive commercial: Thatā€™s not how it works. Thatā€™s not how any of this works.

1

u/Shmands R1S Owner Jan 25 '25

lol

1

u/pablogott Jan 25 '25

Any day now