Rivian Automotive Inc. Class A Common Stock
52 Week High
52 Week Low
7 Days Mentions
I feel that these days, also, market makers make it so stonks don’t go up. How many regards bought into WISH and CLOV and never saw the thing go up? Motherfucking Gme. Who the fuck is selling that?? And god damn RIVN. It’s still a turd at 80. For the Algos:) 🚀
Generally why I stopped hating on the coins because Doge still lives and people have made money off of it. My point was more "this coin backed by nothing but memes literally has double the market cap of GME currently". GME actually has money/financials/future plans etc. So why does it get so much hate. I mean fuck..... RIVN a fucking meme of memes then. Anyways people do what they want I just like the stock.
I don’t get it either. RIVN is going to be the Pets.com. Too much competition, extremely high costs, Amazon’s interest in other technologies all makes this company ripe for failure. Outside of these Amazon orders, there’s really nothing to like about it. Their pre orders came at a fraction of that shitty car company called Tesla and half of Ford’s F150 lightening. At this rate, scaling will be hard. And in a higher interest rate environment, their ability to raise cash through equity issuance will be abused and thus lower their stock price through dilution.
You have mis-classified Ayro... they are not in the same category as RIVN and LCID... they make low speed off highway vehicles.... the same class as Cushman/E-Zgo, and Club Car. These are intended for a university receiving department, or a factory maintenance crew. Ayros' look like ev version of the classic Japanese mini truck (also not street legal in most of the U.S., and also used as utility trucks on large campuses. ) The jump from a large electric golf cart (which is essentially what Ayro is) to a highway legal EV is HUGE.... R&D, aerodynamics, crashtesting... it requires capitol that just doesn't seem to be present with Ayro.... additionally I see no news of them looking to break into the road legal EV market, nor are they hiring any positions that would lead me to believe they have begun down that path. Probably why they haven't seen massive gains in the last few years... not a huge demand for luxury utility carts.
I’m mad at myself. I was always a safe investor, very boring. Then I did a dumb thing and set a stop buy (or buy limit?) for WRBY and RIVN on the days of their IPOs thinking they’d never dip as low as I set them. I haven’t even been paying attention to those stocks at all. Now I own them and I don’t even want them. They feel like duds. WRBY feels like it’s already past it’s prime. You know why I set stop buys or buy limits (I don’t even know what I set!) because my teenager was excited about Rivian. WRBY because they had pretty glasses. I’ve never sold stocks. I’ve had good stocks for years (and Ford). I want to get rid of these. Anyone buy WRBY during the dip and feel good about it?
1)You either close this position out and eat the 20k loss. 2) Hold and pray it goes back up, then close for a loss you’re willing to accept, or lose even more if it continues to drop. 3) Turn this into a call credit spread and limit your max loss to something less than 20K. Selling the $110 call will bring you to ~ $9k loss which will be your max loss if both calls expire worthless. If RIVN climbs above 120 by expiration you’ll be out $6K too. There’s no way you come back from this unless RIVN moons. Good luck retard
- Doug Field - Debt is misunderstood, belongs to Ford credit - Rivian sale and valuation - GlobalFoundry x Ford - SK x Ford - CRM x Ford - Keeps pace with inflation - Ford family insider purchases - Global shift away from oil reliance = reduced gas price pressures = larger ICEs benefit (Ford's zone of competence) - Doubled F150 Lightning production capacity - Superbowl ads - Continued multiple expansion/spread trade thesis vs $RIVN, $TSLA - Dividend reinstated - Only company that has not exhausted EV credits - F150 Lighting fantastic design Macro: - Millennials entering peak earning/purchasing power - BBB in back pocket if needed - Inflation fears cause overallocation to equities - Rate hikes and taper priced in
This is why these types of companies often get crazy valuations: because there really no earnings to attempt to multiply. And, with no revenue, you get QS or RIVN. You can look at P/B and look at their filings to calculate growth trajectory keeping in mind to discount it by rate hikes. Honestly, best to stay away from these in this environment. Not many will be buying—and current holders will be looking to get out. When you have that situation, sellers look to sell at any price and it just tanks hard. Better places to put your money now, although the product is good.
They are a top contender against Tesla. They have been doing R&D on EV for nearly 20 years. They own a massive stake in RIVN. Not certain about the insider's buying. I don't have a position in them. But I think I saw on my news feed early Dec. Check the SEC documents.
The “unproven manufacturing ability to deliver and the unknown cost of charging networks” were the same argument against TSLA a while back. I was bearish on RIVN but after watching both Doug DeMuro and Carwow’s reviews on the truck, my mind was changed. That being said, the share price is still too high IMO, but I would happy to build positions in RIVN for the future
"Next Tesla" is what made NKLA, LCID, Nio and now RIVN way overvalued due to many Fomo Sapiens. There is no next Google, next Amazon and next Apple. The next 1 trillion company is not going to be another EV maker. As a very long a TSLA bull and Model 3 owner, I am very impressed with R1T. The build quality is great. The tech is almost on par with Tesla and ahead of everyone else. Rivian has a great product. Still, that doesn't justify its current price. So I will wait when all the FUD and shortsellers drive the stock down to a much lower level before buying in the company.
Being in the Auto industry for a long time they have a few things going for them.. first of their one of the actual EV cars that don't look absolutely ridiculous.. interior and exterior of them. If you've never been inside a Tesla then its a sight to behold... literally plain as can be and everything is controlled by a tablet.. They have their car set up to where if you actually get into an accident it wont total the car instantly as opposed to TSLA or other EV cars if you "bump" the charge port thats an instant total loss of the vehicle generally speaking.. Outside of the actual "car" they will 100% have the best battery tech in the game for the range of the cars.. they will outperform competitors in that aspect alone. They are doing the same thing that TSLA did where they will sell their premium high end cars first to raise capital before they produce the cheaper versions of the cars which will take a while. TSLA does have "first mover" advantage on them however that will only go so far.. companies like VW/Ford/LCID/RIVN ect.. watch them let them make the mistakes then proceed to just not do what they did... i.e production issues ect.. Outside of all that... Saudi's HATE losing.. its in their nature to be #1 and the biggest/most badass there is regardless of what they do... if they have their money you best believe that it will be a fight to death of marketcap
One other point you miss, if anything LCID and RIVN are both in a *worse* position then Tesla was in 2013 for one simple reason, time. Tesla had over a decade to get their EV tech right, bring down costs, and build the proper factories/etc. to make a mass market EV they can sell at a profit. The legacy automakers didn't take EV's seriously and just let Tesla eat their lunch. Rivian and Lucid by contrast don't have the luxury of time to do all those things. The legacy automakers are waking up and are taking EV's a lot more seriously nowadays. They will NOT let another EV startup become a Tesla, and nor will Tesla. Lucid simply started too late to make a difference, while Rivian squandered way too much time by taking 12 years to bring a single vehicle to market.