Page 2 of 2 FirstFirst 12
Results 13 to 23 of 23

Thread: RIVIAN

  1. #13

    Join Date
    May 2011
    Location
    Florida
    Posts
    1,840
    Blog Entries
    6

    Default Re: RIVIAN

    Quote Originally Posted by Bullitt View Post
    News that the battery performs worse in real life than in a lab environment. Down 15%, I guess the market isn't too thrilled by the insulation in the final build.



    https://www.reuters.com/technology/r...on-2021-11-19/
    I feel like a vehicle that delivers things all day every day should have a LOT more range than that...

  2.  
  3. #14

    Default Re: RIVIAN

    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

  4.  
  5. #15

    Join Date
    May 2011
    Location
    Florida
    Posts
    1,840
    Blog Entries
    6

    Default Re: RIVIAN

    https://www.cnbc.com/2021/12/16/rivi...-to-71000.html

    Interesting that the words in the link look super bullish, but the article itself is actually very bearish (in my opinion).

    "For the third quarter, Rivian reported an operational loss of $776 million and a net loss of $1.23 billion...."


    The company posted a loss per share of $12.21 on revenue of about $1 million...."

    "
    It expects capital expenditures of about $8 billion through 2023, with some analysts such as BofA Securities’ John Murphy forecasting Rivian won’t turn an operating profit until at least 2025."

    Edit: And this company is currently valued at $92B...

  6.  
  7. #16

    Join Date
    Sep 2006
    Location
    Upstate NY
    Posts
    3,876
    Blog Entries
    46

    Default Re: RIVIAN

    Another hyped meme stock down almost 50% from it's high. This one didn't take long.

    Are electric vehicles cool? Yes. Are they practical? No.

    There aren't enough natural resources on earth to switch over to electric on a mass scale (magnesium, lithium, cobalt, nickel).

  8.  
  9. #17

    Join Date
    Sep 2006
    Location
    Upstate NY
    Posts
    3,876
    Blog Entries
    46

    Default Re: RIVIAN

    Continues to get smashed, down 11% today and right back to those December 20th lows. Still, nothing even close to being delivered and valued at $90B.

  10.  
  11. #18

    Join Date
    May 2011
    Location
    Florida
    Posts
    1,840
    Blog Entries
    6

    Default Re: RIVIAN

    Quote Originally Posted by Bullitt View Post
    Continues to get smashed, down 11% today and right back to those December 20th lows. Still, nothing even close to being delivered and valued at $90B.
    Ya this one still has a long ways to head down. I get the value in having a huge contract with Amazon, and that 20% of it is owned by Amazon, but it's not worth THAT much. At $50K per van, that contract should bring in $5B in revenue through 2024. So maybe $1.65B annualized, unknown profit margin, and people think that is worth a $90B valuation? I don't know where the bottom is for this one, but I believe it's lower from here.


  12.  
  13. #19

    Join Date
    Sep 2006
    Location
    Upstate NY
    Posts
    3,876
    Blog Entries
    46

    Default Re: RIVIAN

    Record closing low.

  14.  
  15. #20

    Join Date
    Sep 2006
    Location
    Upstate NY
    Posts
    3,876
    Blog Entries
    46

    Default Re: RIVIAN

    Always be skeptical of "retirements" at the top.

    The chief operating officer of electric-truck startup Rivian RIVN -5.61% Automotive Inc. left the company last month as the company was ramping up production of its first three models.

    Rod Copes retired from Rivian in December, the spokeswoman confirmed Monday. Mr. Copes’s retirement was planned for months, she said, and his duties have been absorbed by the leadership team. As of Monday afternoon, Mr. Copes was still identified on Rivian’s website as the company’s operations chief.
    https://www.wsj.com/articles/rivians...up-11641849820

  16.  
  17. #21

    Join Date
    Sep 2006
    Location
    Upstate NY
    Posts
    3,876
    Blog Entries
    46

    Default Re: RIVIAN

    RIVN announced Tuesday that prices will be increasing by roughly 20% for all customers citing rising components and materials costs—semiconductors, sheet metal, and seats. Yesterday they walked that statement back some and allowed anyone who made a "reservation" to purchase a vehicle before the announcement would not be susceptible to the 20% increase.

  18.  
  19. #22

    Join Date
    Sep 2006
    Location
    Upstate NY
    Posts
    3,876
    Blog Entries
    46

    Default Re: RIVIAN

    RIVN down 79% from IPO week just six months ago.

  20.  
  21. #23

    Join Date
    Sep 2006
    Location
    Upstate NY
    Posts
    3,876
    Blog Entries
    46

    Default Re: RIVIAN

    Ford dumped just over $400M worth of shares this past week. It's never good to see a 10% owner selling shares.

  22.  
Page 2 of 2 FirstFirst 12

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
S&P500 (C Fund) (delayed)
RIVIAN
(Stockcharts.com Real-time)
DWCPF (S Fund) (delayed)
RIVIAN
(Stockcharts.com Real-time)
EFA (I Fund) (delayed)
RIVIAN
(Stockcharts.com Real-time)
BND (F Fund) (delayed)
RIVIAN
(Stockcharts.com Real-time)

Yahoo Finance Realtime TSP Fund Tracking Index Quotes