Unfortunately, that’s precisely what happened for Rivian pre-order holders, many of which instantly canceled their order.
Today, CEO and Rivian Founder RJ Scaringe released alengthy statementowning up to the mistake.
Telling owners it would reverse the pricing update for anyone who ordered before the March 1 announcement.
Furthermore, anyone who canceled due to the increase can reinstate their order at the original price.
As we all know, everything is more expensive right now.
Tesla barely avoided bankruptcy in the early days, and we hope Rivian can do the same.
