[Invest-in-America]

RIVN: I did indeed see that, but THANKS for posting it here for 'newbies' about what is transpiring behind this stuff. Do YOU have a GUESS as to what price RIVN might hit tomorrow??????????

[tw0122]

$19- $19.90 resistance breaks again solid then $23s - $24 likely

[tw0122]

Rivian and Volkswagen Group Announce Plans for Joint Venture to Create Industry-Leading Vehicle Software Technology and for Strategic Investment by Volkswagen

PUBLISHED
JUN 25, 2024 4:19PM EDT
Rivian and Volkswagen Group intend to enter a joint venture to create next generation software-defined vehicle (SDV) platforms to be used in both companies’ future electric vehicles
Volkswagen Group to invest an initial $1 billion in Rivian, with up to $4 billion in planned additional investment for a total expected deal size of $5 billion
Joint venture is expected to build on Rivian’s industry-leading software and electrical architecture to create best-in-class software-defined vehicle technology platform
IRVINE, Calif. & WOLFSBURG, Germany--(BUSINESS WIRE)-- Rivian Automotive (NASDAQ: RIVN) and Volkswagen Group (XETRA: VOW / VOW3) have today announced their intention to form an equally controlled and owned joint venture (JV) to create next-generation electrical architecture and best-in-class software technology.

[Invest-in-America]

RIVN: The stock PRICE here should be much HIGHER already. I think what is holding it BACK somewhat is that its price is now nearly 2-TIMES the price of VW's stock!! (HAH-HAH!!!) Nevertheless, RIVN should hit at least $50+ tomorrow??? Who knows???

[Surfacetite]

Guess they didn't like Fisker.

Henrik is a two time loser.

[TheFinalCD]

4:09pm

This is exciting! Volkswagen Group CEO Oliver Blume and I are thrilled to announce the formation of a joint venture between our two companies. This partnership brings Rivian’s software and zonal electronics platform to a broader market through Volkswagen Group’s global reach and… pic.twitter.com/11XVNUo89J

— RJ Scaringe (@RJScaringe) June 25, 2024

[TheFinalCD]

RIVN

Some degen shit $RIVN pic.twitter.com/mC8czT3Eo0

— Alex Jones Industrial Average (@AlexJonesIA) June 25, 2024

[$Green$]

Wow!!!!

[Scott 75]

Omg! Sorry

[oldstocks]

After ditching its electric vehicle plans, Apple Inc. (NASDAQ:AAPL) could rekindle interest in the segment if rumors are anything to go by. A report said late Monday that Cupertino was in talks to forge a partnership with Rivian Automotive, Inc (NASDAQ:RIVN).

Disclosure i still own RIVN from $140

[pray]

Added 250 at $9.35 this morning. Sell at 10.50 as I did Tuesday. Really think this will see profit in 4th quarter as predicted. Keeping 3000 shares for that reason.

[Lokotony]

Don't think I'll be seeing my money back for quite some time on this one!

[trunkmonk]

this is coming to a stock you love, History will repeat itself, it must, its unsustainable even worse than 1999, by far.
showing AAPL stock values pre split. About 140 to 12pps in short order. the whole market did this same pattern to some extent.

Its up to you to pick your Tesla or Rivian at the right time. No rush, its all gonna implode soon.

[Monksdream]

I went back to the by Joe at Nanalyze
According to Joe Rivian has about 7 quarters to go until it runs out of cash
Producing vehicles at scale is more of a challenge than one realizes
Joe says if you are looking for the next Tesla just invest in Tesla

[trunkmonk]

i would rather see Apple stay away, they most likely want the technology by funding them, taking part ownership and its tech, or buy the company on the cheap. i want to see the stock drop for my reasons in the coming recession where EVs will be like Battery companies and other tech startups during Obama givaway, the chaff disappeared, the good ones survived, but the stocks were also dirt cheap. this cycle is coming again.

[Lokotony]

IF by some crazy chance, they beat earnings estimates, we could run!

[Lokotony]

I hope so, bc I have a $23 avg. Not going to avg down on this one......that seemed SO promising! EVs and all things EV went to poop and fell out of favor. I GUESS we can expect the same with AI. I truly did my DD and truly thought this was a great company, second to TESLA.

[pray]

Back to $20.00?

[JoseSD]

partnership with Apple? Hmmmmmmmmmmmmmmmm

https://www.investors.com/news/apple-rivian-in-talks-for-partnership/?src=A00220

[Lokotony]

Feels like everything wants to go back to 2021.

[Monksdream]

My best guess is professional asset managers are getting out

[INEEDMONEY]

Why the dump?

[Monksdream]

RIVN newv52 lo

[Monksdream]

RIVN new 52 lo

[trunkmonk]

RIVN 9.61

[Monksdream]

RIVN new 52 lo

[Monksdream]

RIVN new 52 lo

[CaptPete1776]

Quarterly Delivery Numbers come out tomorrow. Anything over 13k will be ideal.

[Lokotony]

Penny stocks are the only thing I have that are redder!

[harry crumb]

Down graded

[pray]

If it does drop to that will add big time. I have a pretty big share count. Will add one to three hundred shares any day as yesterday when big drops, then sell at a dollar higher next day. This has been a great investment.

[Windbag1014]

https://ih.advfn.com/stock-market/NYSE/fisker-FSR/chart

Could be worse.

[trunkmonk]

Rivian, ouch again, im feeling fine

[Monksdream]

RIVN needs money, and lots of it, just to survive

[trunkmonk]

like every other sector i have watched for 25 years, its like dominos, until its not. the strong will survive, this time i pounce big time into the one that does.

[trunkmonk]

RIVN...come to papa

[Monksdream]

With Fisker declaring a bankruptcy the other money losing makers like LCID and PSNY and RIVN will have to do their best to spin positive vibes
It will be a tough sell

[trunkmonk]

cant deny that, i still say 5 in 2024 is on the agenda.

[pray]

That was in pr, old news. Did it to put money in new car design. When you go up 35% in three days, there are going to be pullbacks.

[trunkmonk]

That huge drop today must have been an ouch for sure.

[pray]

Bought 1000 at $10.25. I'm going to continue to add when I get cash. I'm really looking at low $20s before summer.

[HazardouZ]

So you never bought waiting for $5 huh? Ouch.

[trunkmonk]

Don’t know if this was posted.
https://www.zerohedge.com/technology/rivian-shelves-new-georgia-factory-latest-cost-cutting-measures

[eastunder]

Nikola was a different situation completely. You can't even compare the two.

[uksausage]

CEO better be careful about reservations - Steve Burns and Trevor Milton lost their jobs/sent to jail after similar claims.
Never understood why they offer the reservation system anyway its 2 years before they will be produced. A simple sign up for updates system would suffice with questions about how serious they are in buying or just getting the info.