Rivian Automotive Inc (RIVN)

[Lokotony]

I gave up on all other EVs and EV related charging.....even though it SEEMED like a slam dunk. I hope this one can actually make it.

[$Green$]

Bought back some for $20 today

[uksausage]

how did they miss the quarterly number but exceed the annual number?
is it purely delivery numbers, in which case they can take a leaf from Tesla and drop prices or may be they have fleet orders and the buyer isnt ready to receive yet.

will be interesting to hear in the quarterly report or earlier.

[Lokotony]

EV maker Rivian misses quarterly deliveries expectations.

Not good! This company should have already taken off! Interest rates bad both for their purchasing and growth power, but less consumers ready to pay high interest as well.

[Monksdream]

Scaringe is a competent CEO
But he will never outperform Tesla in the next 12 years
As for battery technology companies
There are perhaps at least 100 to choose from
Not all, at present, of course, are public stock companies
Those that are public traded will become, if not already, share selling operations

[trunkmonk]

its going to be very interesting for sure for the 12 years. this about where i started with battery technology 2 decades ago. some will win some will lose, some were born to sing the blues. ;)

[Monksdream]

The next 5 years for electric vehicles should be interesting
Then there remains the market for hybrid vehicles
Then there is the market - and I use that term loosely for hydrogen fuel cell vehicles that attracts the small segment of True Believers, some of whom, I imagine, also are dues paying members of the Flat Earth Society
Last, but not least, that segment of American motorists, the largest segment, by the way, who love ICE and won’t change their minds
That bozo Fisker…he’s narcissist seeking self enrichment
That Swedish husband and wife and this Polestar…out for self enrichment
Lucid is nonsense…the truly wealthy will opt for a Rolls or Bentley EV in order to flaunt their wealth
Scaringe is actually a competent CEO who, unfortunately, is in a position of playing catch-up to Tesla which has the overwhelming first mover advantage
Back in March 2020 when the stock market took a panic driven nosedive, I bought 400 Tesla shares on margin
The two crazy forward splits left me with 3000 shares (I haven’t sold a single one)
Experience is the best teacher which is why I took the risk
The rest, I admit, was due to luck, which amounts to my saying I know I’m not the smartest guy in the room
So lets compare Rivian with Tesla since the Rivian IPO

[$Green$]

24.50 was good enough

[$Green$]

For sure, the runway is wide open for Rivian until the Lightning pickup production ramps back up

[Lokotony]

Good luck!!!! I'm banking on this as second to Tesla and I'll sell half when i hit 100%

[$Green$]

Might hit $25 today, I will have to sell some shares to lock in the quick 50% gain

[BottomBounce]

Prediction: Electric car owners are going to be experiencing some extreme buyer's remorse in the years ahead.pic.twitter.com/hDHVfIHhTf

— Wide Awake Media (@wideawake_media) December 16, 2023

$RIVN

[$Green$]

Right, but seems like no shortage of money sloshing around in the market since the Fed printed way too much, so we have to stay FAR ahead of these developments

[trunkmonk]

Yeah pockets will be empty but u got a toy? Ev stocks r 2 years away

[$Green$]

I don’t have an EV right now but I want an Adventure Van so bad. The Adventure Van combined with solar charging will be life changing!

[$Green$]

She’s holding up nicely!

[Lokotony]

I can see 25 but wonder what we can expect on the long haul. It came out strong on IPO, but been in the 20s range since......LCID falling to nothing, hopefully this is the next or second in line to Tesla

[pray]

Make that $25.00 .....

[$Green$]

$20 coming!

[$Green$]

Great day today!

[Lokotony]

Ready for this to take tf back off!

[trunkmonk]

Good for industry? https://www.zerohedge.com/markets/cybertruck-price-between-50000-80000-wedbush-says-ahead-thursdays-launch

[BottomBounce]

Rivian Automotive, Inc. $RIVN Total Debt (mrq) $3.25B. $1.50 coming

[$Green$]

Looking better here, maybe will see some short covering if Tesla starts to really tank

[Windbag1014]

Amazon already owns 17%.

[Monksdream]

Scaringe is a genuinely sincere fella
He has done his homework on what it takes to build a vehicle that people will buy
Problem is, in order to reach any degree of scale, the number of units sold must be in the millions per year
Rivian has become, to some degree, a cult stock
Aside from that there is Ferrari
I can’t make money Ferrari stock because it is so “expensive”
Which is exactly what I did more than a year ago when I bought
Why?
Thanks to all that money the US Congress approved I knew that it would only make rich people all that richer
Rich people like to buy things only rich people can afford
The money the US Congress approved also made Bernard Arnault who sells stuff only rich people can afford one of the richest men on planet Earth
With a human population approaching 9 billion and all a vehicle start up company can do is sell a couple thousand every 3 months
And lose hundreds of millions of US dollars in the process

Tomorrow is another day

[Vexxed]

Pure hopium. Amazon aint buying a startup like this

[$Green$]

Very astute observation, I concur

[pray]

Just had an offering, no way bankrupt. With such low float shorts controlling. Correct on would not touch. Could see $12 range, but buy out by Amazon only reason long and adding. That announced shorts get killed.

[Jasper Jillionaire]

A falling knife. Not touching this bankruptcy.

[Jasper Jillionaire]

Ouch

[TEFFY]

SEEING RIVIAN INCREASE PRODUCTION IS A BREATH OF FRESH AIR

[Monksdream]

That begs the question Investors Hub troll which is what you are
How low can Brent or West Texas Intermediate go
Not for me to decide
The market will decide
How about $10

[BottomBounce]

Who needs Electric Cars when the price of oil continues sliding down https://www.bloomberg.com/energy $RIVN

[$Green$]

First time buying RIVN, I’m in @ $17

[Monksdream]

The end of the day analysis has to do with when the company becomes cash flow positive

[pray]

Positive all over. Just hope that when earning hit, it does not drop as it did in September.

[Monksdream]

Positive report about sales in California

[oldstocks]

Nice move up today

[Monksdream]

Rivian’s CEO decided to specialize in making EV trucks
Wy not short all of using all the margin in your cash a count
Ford
General Motors
Stellantis
Polestar
Fisker
Luicid
Tesla

[harry crumb]

Rivn next to fall! If yur not short in this market your losing your money, end of story

[powerbattles]

WOW! that is unbelievable.

[Cynmark24]

Thank you pray. Good to know.

[TheFinalCD]

$RIVN

[trunkmonk]

Politics

[pray]

Bond offering, dilution. Anytime you do that at discounted price drops share value.

[Windbag1014]

Bought a starter here today.

[Cynmark24]

Why did this gap down today?

[trunkmonk]

19.4 times day. Congrats if u to profits above 25. This has to get flushed, then buy.

[Vexxed]

Lmao u know nothing about startups. Will bleed until they can become profitable