InvestorsHub Logo
Followers 74
Posts 16346
Boards Moderated 3
Alias Born 04/24/2000

Re: eastunder post# 15271

Thursday, 02/29/2024 11:17:44 AM

Thursday, February 29, 2024 11:17:44 AM

Post# of 15605

You're only encouraging me to stalk the stock, you know that right? ;)

I dunno... $100K is a LOT of money for a vehicle...😏

I don't know what they go for today- the couple that owned the one I rode in had put a (non-refundable) down payment on it 2 years priors while waiting for delivery
and the price was just over $100K. My thought at that time was "How can the company expect profits anytime soon given the wait times and the price? I mean, how many peeps gotta splurge on this vehicle for them to even break even?"

Admittedly, I have not looked at Rivian as an investment since that time so I'll pay attention to your course of action (whether to follow or not) 😄

Theo ;-)

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.