Manufacturing engineering chief is gone with the wind! I have a feeling many new bagholders will be minted on Tuesday. Single digits by summer's end.
D
I thought you guys said a close in the red today. Uh oh.
D
am interested in buying in at this price point - is this pump sustainable or do we think some of these gains might pare back and make a better entry in the coming sessions ? I noticed short activity is unusally high on this stock, which is my only concern as of right now.
s
WSJ - Rivian will miss badly 25,000 EV production target. No wonder the VP of manufacturing just got fired.
WSJ - Last quarter, Rivian produced 2,553 electric vehicles and delivered 1,227 of them. It is currently losing a lot of money on those vehicles during the production ramp-up. And now it appears the EV company will miss its target of producing 25,000 EV this year.
D
Oil is $115 a barrel. And the summer driving season just arrived. And we have the highest national average of $4.60 a gallon. Today is the highest avg price in CA of $6.08 a gallon. $6.10 in LA, $6.31 San Fran. Rivian will have unlimited demand for the next decade without even having to sell overseas. But they will. Count on it.
R
Something is happening at Rivian. You can no longer design consumer vehicles for reservation. You can only make a general reservation for vehicle for $1000 with an expected delivery date of late 2023 / early 2024. With todays news, I am guessing Amazon is strongholding on immediate delivery of vehicles and they are delaying production of consumer vehicles.
G
RIVN is a long term hold. $200 stock next 2 years
L
lets close on $32 or above today
D
Too bad shorts don't follow Rivian owners.
"I think I may have the shortest order-to-delivery time on record. I ordered on April 21st, 2022 and just got my 8-Step today and will soon schedule delivery for early next week.
It will be roughly 40 days from the day I put down my $1,000 deposit to the day the R1T is in my garage."
B
Back below $20 next week, as more high level executives call it quits…
B
Due to this week events ( inside) I fully belives their is hopethat the 50 lever can be achives by end of Aug.
E
$27 BILLION valuation for a company making HOW MANY vehicles per month? And if you order one, they can deliver it FAST, meaning sales demand is already their constraint, not manufacturing.
L
Consumer Reports review of the Rivian Truck is amazing! They were beyond impressed with everything..
l
RIVN is the top gainer among EV stocks in % wise
d
Classic dead cat bounce on Rivian ... no way it's worth more than NIO and TSLA on a valuation basis. 13x Price/Sales?
Amazon paid 8.67 per share for their 150 million shares. The 100,000 trucks they ordered cost 67,500 per truck or 6.75 billion. At the ipo price of 78 their stock would be worth 11.7 billion. They would have a profit of 10.4 billion and would pay for all the trucks they ordered plus a 3.65 billion profit.
D
Why would anyone buy a Rivian with an airbag recall for $80,000 when you can buy the F150 lightning for $40-50k? F150 is the best selling car in the world. What’s a Rivian?
WSJ - Last quarter, Rivian produced 2,553 electric vehicles and delivered 1,227 of them. It is currently losing a lot of money on those vehicles during the production ramp-up. And now it appears the EV company will miss its target of producing 25,000 EV this year.
"I think I may have the shortest order-to-delivery time on record. I ordered on April 21st, 2022 and just got my 8-Step today and will soon schedule delivery for early next week.
It will be roughly 40 days from the day I put down my $1,000 deposit to the day the R1T is in my garage."
$78 in August
$106 in November