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A Rivian Fender Bender Cost $42,000. Its CEO Says That Should Never Happen
(www.thedrive.com)
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this post was submitted on 12 Jun 2026
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Rivian and Tesla are trying to hit price points with lower volumes so they are 100% aiming to reduce manufacturing costs even if it creates scenarios like this.
This was an issue when they were making record profit margins in the industry and charging $150,000++.
It's only a problem now when people pull out of purchases because they get a shocking insurance quote.