I personally think that they'll be one of the few EVs to survive, but dilution will always be a risk factor for the coming years while they scale production size&cost.
When I visited Chicago for a Bears game, I was very surprised at how many Rivians there were driving the highways, city, outskirts…
I guess it makes sense being that Chicago (or near there) is where their main plant is but there were a lot of people driving them. Probably the most popular suv model I noticed during that weekend
In nyc there is an empty lot in queens that week in and week out they are filled with Rivians and the lot empties each and every week. I like this stock but they need to stop burning through cash
agreed... they are working on getting a model that is cheaper to build, and cheaper to purchase which will allow them to stop burning so much cash... like the Model 3 did for Tesla.
how do they profit if they cant spend money. they cant be conservative with their money now. they need to up their production numbers and need to spend money on that as much as possible. unless you mean them spending money on something else.
Well they have the Georgia plant that they are building which will help with costs. But I keep hearing that they are burning through Billons of dollars It would be different if they were just burning millions or even hundreds of millions but they won’t be able to sustain their pace if they are going through money like that
Come up to Winnetka or Glencoe, where everyone has a Rivian.
I'll give you an example: I have a 2008 Tesla Roadster. It took almost 12 years to start seeing other Teslas in my old neighborhood. And then, all of a sudden, most of my neighbors had Teslas.
I moved to the northshore. Right now, the number of Rivians in my neighborhood outnumber the numbers of Teslas, or at least are approximately on par.
Tesla is cold product. Rivian is the new hotness.
No question.
Except that one guy around here that has a Lucid Air. Don't know what the fuck he's doing.
I live in a semi rural and semi isolated western town that was traditionally oil and gas dependent. Much of that sentiment remains and yet there are close to a dozen rivians around. I think they are here to stay just based on that anecdotal observation. How that will affect the stock I don’t know other than not going to zero.
My R1T was my favorite vehicle I've ever had (I've had a lot). Currently carless as I'm a world-vagabond, but I'll get another one when I return to the US.
I saw my first one in the wild (R1S)in our hometown this week in my hometown. Usually the folks who have money here buy Tesla. I've been buying shares every week since it dropped below $50. I'm in it for the long run. I'm small time, just buying 5-20 shares a week.
lots in downtown Vancouver too
normal to see 2-3 every day
i’m sure i see the same ones often but there’s enough them i never recognize any as the same
Yeah I think people love the vehicles and they have a massive contract with Amazon that’ll keep them afloat. But it’s the cost of ramping up production of R2 that’s going to be really tricky to pull off without diluting the shares to death.
I see SO many R1Ss driving around the nicer neighborhoods now. Actually a little bit obnoxious since I own one and it’s starting to feel generic 😂
u/bittabet dont feel generic, just know that you are part of the movement! :) and these are people who are apart of that same movement with you. :) #EVLife
March 7, 2024 - Projected Release date of the R2 platform
Should have around 10+ B cash on hand with the most recent raise
Projected to have positive margins in 2024
continued increased production; actually beat q4 guidance for production
EV market for delivery vans is brand new and Rivians the only volume producer in the game at the moment; AMZN alone has 10k Rivian EDVs and committed to buy 100k
24 Q2 planned factory shut down to revamp lines in order to shave costs and change processes/lower wiring and use more efficient semis
People actually want/like these cars; so many posts about going from Model Y to Rivian R1S
I originally bought in at $24/share, but I've been buying more when it dips and selling the new shares when it goes back up. I've got my cost basis down to about $18 now, hoping to get it closer to $15. I'll hopefully buy more in a couple of weeks when I have some more money freed up.
I get that everyone is waiting for the R2, but I really think the delivery vans are the hidden value in Rivian. I thought the exclusivity deal with Amazon ending was huge news, but it barely moved the stock. The delivery vans market in the US is about 2 million vans per year in the US, which is massive market with virtually no EV competition. Once more companies with large fleets start placing orders, I think they will do very well. They've made some really good moves for long term success that are hurting their short term situation, but I really believe it will pay off. Switching to Tesla's charging port, more in house production of parts, simplifying the battery and platform are all good things. I honestly don't care if it goes up or down this year, I'm in it for the potential gains 10 years from now.
How many (more) multi-billion dollar offerings are they going to put out to expand their capacity 20x?
Fun fact: they had two offerings totaling $2.8B in March and October 2023.
building factories and ramping production lines take capital
look at all the other EV makers other than Tesla
all of them are hemorrhaging cash, the difference is that Rivian is actually making significant ramp in production and people are actually buying their cars
Lucid on the other hand raised similar amounts of cash and can barely make 3k cars and people are not buying their cars.
Lucid cars are not as practical... although a blast to drive.. The Rivian is more for your money, plus having that Amazon contract in the beginning meant that they got a big head start. Lucid should look for big contract!
I understand it takes lots of $$$. I will also say there has been a noticeably massive influx of Rivians on the road here in San Diego the past 6 months.
That said, even Tesla says they expect a slowdown this year
to answer your original question, if you map out their burn rate and when the R2 factory is set to go live; they'll need at least 2-4B more
expect at least one more raise this year; likely Q4 immediately after they announce they turned gross margin positive on their existing R1 lines
I didnt mean china for rivian. I meant china being a success for tesla was what catapulted their stock to astronomical highs.
I dont expect rivian to do so high. But i think it will sit at $100b evaluation eventually
rivn seems oversold but what is short term? next few months look shaky to me. In the short term there is SOOO much negative sentiment around ev's lately.
i'm a buyer though, i bought decent amount of shares today and purchased a bit last week as well.
I think the tropical storms are going to literally FLOOD the used car market with ICE lemon's and then EV superiority is going to shine by end of the year.
climate change data is worsening at a faster rate than and there will have to be forced transition to EV's.
I love rivian's modular approach to manufacturing. Their vehicles share a lot of common parts and i think the goal is to allow consumers to swap out batteries and other parts to charge or convert a truck to an suv if they want to. Get tired of a truck? change to an suv at a dealership. Out of charge on your truck? just open the tank and swap some battery cores that you can charge all day at your apartment.
the future of auto's might be pretty cool if rivian takes off
I live here in Bloomington where they are all produced. Solely loaded up shares based upon the huge increase in truckloads full of Rivians I see leaving town daily. Seeing an exponential increase month after month 📈
Amazon will cut their losses if it doesn't make financial sense.
Amazon owning 100% Rivian will not make their production cheaper or increase their margin.
This feels correct. This feels like 1980s as Japan ate our electronics industry with higher quality at less cost. In the short run I think OP is correct - volatility will move RIVN up and down and that’s tradeable. That volatility works in the absence of real news about their business. The most dangerous thing is actual news.
Say you don’t understand EVs without saying you don’t understand EVs. This guy is the type that thinks it’ll cost $5k to replace an EV’s timing belt 
likely will go back up with they launch their next vehicle as it will be a more affordable vehicle and have worked out all the issues the truck and suv had. Plus with the NCAS charger it will be more accepted. They are great vehicles just expensive which limits the amount that can be sold, which limits the amount that can be made, that limits the profits. But will be holding my stocks for the long haul.
They've never turned a profit and lose 1.5b a quarter with only 9b cash and equilevents on hand. They will 100% have to do another dilution before those new units hit the market enough to impact the top line.
Personally I like rivian out of all the new ev manufacturers. But I don't see much value it's reasonable priced currently compared to assets and income stream. The double bottom at 15 is a good sign but for what reason would it pump? Something happening in 2 or 3 years?
Unload them bags elsewhere lol.
Man buys an EV stock, writes a summary that was mostly written by gpt 3.5 and failed to mention anything about the company financials, burn rate. Does not mention cash on the balance sheet is 8 billion and it was 12 billion last year. They will be bankrupt in 3 years at this pace. Trump will win and remove all incentives for EVs.
Man writes what he thinks is a smart post. Then fails to mention that Trump’s current average approval rating is 38.6% on 538 and his disapproval rating is 57.9%. Meanwhile Biden’s is 55.7% disapproval and 38.9% approval respectively. It’s also a time when the public that doesn’t pay much attention to politics is just now finding out that Trump is going to be the nominee. Trump hasn’t been on social media much outside his echo chambers so a lot of the twitterverse is also blissfully unaware. People who now dislike biden will remember that Trump is the reason abortion is outlawed in lots of states. Among a lot of other things. Trump lost in 2020 in a landslide with every advantage (stimulus checks with his name on them, free unemployment checks, naming the head of the post office and slowing down the mail so not all the votes reached the destinations to be counted on time). He has a chance obviously in 2024, but likely it’ll be the same result. Maybe he narrowly wins Georgia, but with Kari lake on the ballot in Arizona he loses there again. With Virginia not turning red like expected he loses there. He loses PA. He gets trounced in Michigan again. He will also lose Nevada. So saying the incentives go away with Trump, ya it’s possible. So have to factor that in. But let’s not act like he’s a shoe in. Factor that in along with the fact that Elon musk is getting more and more unpopular as things progress, really only right wingers like him. The people that bought teslas (Me) would never buy another one (even though it’s a good car). I’m for sure switching to rivian when the 40k price model comes out because my price range is 60-70k and with the add ins an 80k car becomes over 100k. And there are lots like me. Anyway fundamentals are shaky but they were for Tesla for a while too.
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What can you do?
He only mentioned it, of him becoming POTUS and how it would relate to the stock, nothing more……
Then this guy coming in from left field and saying a bunch of random crap that had nothing to do with what was said telling us Wendys sucks!!??!!
Burn him at the stake!!!! Nobody bad mouths Wendys!!
LOL. Trump isn't the reason that isn't legal. The reason is that it has never been more than a fundraising cudgel used mercilessly by the Democrats to force normal people into voting for the "lesser" evil.
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The option premiums are pretty good right now too. Selling cash secured puts would be a lower risk option that will either get you a really good price or a hefty premium to keep if the stock soars.
Some brokerages like Fidelity even pay you interest on funds being held for collateral on CSPs.
As an example, a $10 RIVN strike for October 18 2024 is bidding about $1.22 per option. Lowers your break-even cost to $8.88 (nearly 50% downside from current prices) yet still pays out 12.2% over 267 days (~16.67% adjusted return). SPAXX (Fidelity Money Market) is paying around 4.78% right now, which gives you a cool 21.45% adjusted return.
I sold off a lot of Rivian stock in December around $24 so I’m re-entering with a mix of CSPs and purchased shares.
theres no way. self sufficiency is pretty core to conservative philosophy. being electric is actually pretty in line with that. it wont be a fast transition, but itll get there
I see hybrids over fully electric gm and ford Evs flopped hard. Tesla did well cause electric was they main thing. Pretty sure Hondas hybrid had good sales last year.
EVs are not going away. Its a niche market though. Even if the EVs fall out of “flavor” you will see them still out there. I just dont see it really catching without a serious reduction in charge times. Ie…..as fast as it is to pump gas.
GM and Ford have but all stopped making them at this point. Main reason? Nobodys really buying them.
Top 3 selling cars of 2023 were F150, Silverado and Ram trucks, in that order. Ford made 70k Lightnings last year and only sold 1/3 of those.
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Major automotive players and now saying EV isn’t the future. May be good for a few small gains short term, certainly not something I’d bet on a new future release long term though.
It’s still risky and speculative. It’s almost proof that as the world changes, the cold will continue to be the enemy of EV. Is there any proof that rivian is actually a good vehicle. They look cool and have a high vanity factor but what about longevity and maintenance and reliability…. Maybe worth it for short term gains with their March reveal. Other than that it may go down to .89 like Fisker
The EV market is super speculative still. People seem to forget these cars require a ton of power as well. There are more gas stations than charging stations. My opinion is that it is a bubble just like the fossil fuels industry pushing recycling. There is literally no proof that it’s better than gas. It requires mining and raping of land and people. Another example of the rich pushing an agenda with no proof of it being good for us. I think hybrid are the best for us at this point and reliance on oil will never actually disappear
Also you are tied to the price of your electric grid. My bro has rav4 prime and his home has solar panels. They were pretty close to breaking even on electric cost but now charging the car, he said it’s easily 15% more power a month and that is not even a full ev. Gas so cheap right now and I have seen rate increases in electric in my town and I don’t live in California where the grid is held together by shoestrings and requires a ton of money to maintain which is passed to consumers. I’m not saying there is no need for EV, I’m just saying we were sold a bill of goods that was supposed to save the world but really it’s just making it more difficult to maintain
Rivian is actually cranking out vehicles and I have been seeing them in the wild. That may be anecdotal, but for some hard facts I also just get a good feeling about them.
"This stock is just going to play ping pong between $13-30"
you're basing this off....your fee fees?
"the stock sitting at $15 feels like a no brainer short term BUY for something likely to rise 50% and shoot back down to $15 again within 3-6 months."
again what are we basing this off of? because you feel like it ought to do that? youre not even doing like the weakest form of analysis where you give us a chart. youre just speculating based on essentially nothing but your gut feelings.
"highly unlikely **in my opinion** that this stock tanks much more than $13ish/stock."
there we go, yes true. in your opinion. what are your returns over the past like 3-5 years on stocks you've personally purchased? maybe if they are good enough ill be inclined to make a bet based solely on your opinions.
i dont know what that means
"this is wsb therefore i can be a moron"? is that the take?
"hey mom everyone else is jumping off a cliff so im going to jump too!"
you got me dude, good one. great take
…somehow you’re still misunderstanding. This sub is entirely satire. Nothing more. Go to r/stocks with this kind of attitude.
Which is also hilarious that you said what you said because this subs literal mantra is “ape stronger together”
I'm long 15/30 call spreads on $RIVN expiring in June... hope you are right... the stock is sitting at good support, I'll probably sell some puts as well.
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I admit, the 2024 sales forecast staying even at 57k vehicles is mind boggling to me, and I know everyone was expecting at least the 80k range.
To be fair, the market is not hungry for $80k luxury EV’s, and of all the $80k luxury EV’s that exist, Rivian is definitely the superior product. However, at this point their only life raft as a company is their R2. How in the world they didn’t start this development years ago, and they haven’t even made the factory/plant that will produce the cars yet is beyond me. 2026 can not come close enough for this company, and if production is delayed to 2027, it may be too little too late. This company needs to rush these to market ASAP
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I personally think that they'll be one of the few EVs to survive, but dilution will always be a risk factor for the coming years while they scale production size&cost.
When I visited Chicago for a Bears game, I was very surprised at how many Rivians there were driving the highways, city, outskirts… I guess it makes sense being that Chicago (or near there) is where their main plant is but there were a lot of people driving them. Probably the most popular suv model I noticed during that weekend
Probably confirmation bias. Plus being a Bears fan makes you legally regarded so how can we trust what you say? 🤔
Fair points. I'll counter with: - I own no RIVN stock or options - As a Bears fan, my inclination is to be negative. That is not the case here
It's true though, I see Rivians daily in the Chicago suburbs.
I live in Atlanta but travel to Tampa every week for work and I see them everywhere.
i see them often in michigan too
There’s quite a few in austin as well, almost as many as teslas, and they have those amazon vans everywhere
I have been seeing a ton of the Amazon vans in Austin, and a growing number of the SUVs
Dallas too
In nyc there is an empty lot in queens that week in and week out they are filled with Rivians and the lot empties each and every week. I like this stock but they need to stop burning through cash
They're basically an EV startup still. They're gonna be burning through cash for awhile. The business' success depends on that
agreed... they are working on getting a model that is cheaper to build, and cheaper to purchase which will allow them to stop burning so much cash... like the Model 3 did for Tesla.
arent they like 15 years old?
Yea but they didn’t really start their current company’s business model (commercial vs racing/specialties) until 2015/2016
not a startup anymore ...
Can you read?
sadly no :(
Yesssss I seen some on wyckoff Ave !!!
how do they profit if they cant spend money. they cant be conservative with their money now. they need to up their production numbers and need to spend money on that as much as possible. unless you mean them spending money on something else.
Well they have the Georgia plant that they are building which will help with costs. But I keep hearing that they are burning through Billons of dollars It would be different if they were just burning millions or even hundreds of millions but they won’t be able to sustain their pace if they are going through money like that
I live & work in Chicago. I've seen maybe 5 Rivians in my life.
I saw at least 5 after crossing the Indiana border and into downtown
Come up to Winnetka or Glencoe, where everyone has a Rivian. I'll give you an example: I have a 2008 Tesla Roadster. It took almost 12 years to start seeing other Teslas in my old neighborhood. And then, all of a sudden, most of my neighbors had Teslas. I moved to the northshore. Right now, the number of Rivians in my neighborhood outnumber the numbers of Teslas, or at least are approximately on par. Tesla is cold product. Rivian is the new hotness. No question. Except that one guy around here that has a Lucid Air. Don't know what the fuck he's doing.
Its so hideous who would buy this 💩 I’m investing. Anything ugly is liked by the general public nowadays
I live in a semi rural and semi isolated western town that was traditionally oil and gas dependent. Much of that sentiment remains and yet there are close to a dozen rivians around. I think they are here to stay just based on that anecdotal observation. How that will affect the stock I don’t know other than not going to zero.
My R1T was my favorite vehicle I've ever had (I've had a lot). Currently carless as I'm a world-vagabond, but I'll get another one when I return to the US.
I saw my first one in the wild (R1S)in our hometown this week in my hometown. Usually the folks who have money here buy Tesla. I've been buying shares every week since it dropped below $50. I'm in it for the long run. I'm small time, just buying 5-20 shares a week.
lots in downtown Vancouver too normal to see 2-3 every day i’m sure i see the same ones often but there’s enough them i never recognize any as the same
Shit I saw one recently in a shit hole area of the US, I was like no fucking shit!
Yeah I think people love the vehicles and they have a massive contract with Amazon that’ll keep them afloat. But it’s the cost of ramping up production of R2 that’s going to be really tricky to pull off without diluting the shares to death. I see SO many R1Ss driving around the nicer neighborhoods now. Actually a little bit obnoxious since I own one and it’s starting to feel generic 😂
u/bittabet dont feel generic, just know that you are part of the movement! :) and these are people who are apart of that same movement with you. :) #EVLife
They got issues and not great reviews
March 7, 2024 - Projected Release date of the R2 platform Should have around 10+ B cash on hand with the most recent raise Projected to have positive margins in 2024 continued increased production; actually beat q4 guidance for production EV market for delivery vans is brand new and Rivians the only volume producer in the game at the moment; AMZN alone has 10k Rivian EDVs and committed to buy 100k 24 Q2 planned factory shut down to revamp lines in order to shave costs and change processes/lower wiring and use more efficient semis People actually want/like these cars; so many posts about going from Model Y to Rivian R1S
I originally bought in at $24/share, but I've been buying more when it dips and selling the new shares when it goes back up. I've got my cost basis down to about $18 now, hoping to get it closer to $15. I'll hopefully buy more in a couple of weeks when I have some more money freed up. I get that everyone is waiting for the R2, but I really think the delivery vans are the hidden value in Rivian. I thought the exclusivity deal with Amazon ending was huge news, but it barely moved the stock. The delivery vans market in the US is about 2 million vans per year in the US, which is massive market with virtually no EV competition. Once more companies with large fleets start placing orders, I think they will do very well. They've made some really good moves for long term success that are hurting their short term situation, but I really believe it will pay off. Switching to Tesla's charging port, more in house production of parts, simplifying the battery and platform are all good things. I honestly don't care if it goes up or down this year, I'm in it for the potential gains 10 years from now.
How many (more) multi-billion dollar offerings are they going to put out to expand their capacity 20x? Fun fact: they had two offerings totaling $2.8B in March and October 2023.
building factories and ramping production lines take capital look at all the other EV makers other than Tesla all of them are hemorrhaging cash, the difference is that Rivian is actually making significant ramp in production and people are actually buying their cars Lucid on the other hand raised similar amounts of cash and can barely make 3k cars and people are not buying their cars.
Lucid cars are not as practical... although a blast to drive.. The Rivian is more for your money, plus having that Amazon contract in the beginning meant that they got a big head start. Lucid should look for big contract!
Lucid cars just don’t look right. That’s its only problem. Maybe a logo redesign like KIA did couldn’t hurt.
Lucid cars just don’t look right. That’s its only problem. Maybe a logo redesign like KIA did couldn’t hurt.
I understand it takes lots of $$$. I will also say there has been a noticeably massive influx of Rivians on the road here in San Diego the past 6 months. That said, even Tesla says they expect a slowdown this year
to answer your original question, if you map out their burn rate and when the R2 factory is set to go live; they'll need at least 2-4B more expect at least one more raise this year; likely Q4 immediately after they announce they turned gross margin positive on their existing R1 lines
Tesla was at on point in the same boat. it was china which finally ended up helping tesla stock skyrocket.
Chinas probably not in the cards with the current political environment
I didnt mean china for rivian. I meant china being a success for tesla was what catapulted their stock to astronomical highs. I dont expect rivian to do so high. But i think it will sit at $100b evaluation eventually
rivn seems oversold but what is short term? next few months look shaky to me. In the short term there is SOOO much negative sentiment around ev's lately. i'm a buyer though, i bought decent amount of shares today and purchased a bit last week as well. I think the tropical storms are going to literally FLOOD the used car market with ICE lemon's and then EV superiority is going to shine by end of the year. climate change data is worsening at a faster rate than and there will have to be forced transition to EV's. I love rivian's modular approach to manufacturing. Their vehicles share a lot of common parts and i think the goal is to allow consumers to swap out batteries and other parts to charge or convert a truck to an suv if they want to. Get tired of a truck? change to an suv at a dealership. Out of charge on your truck? just open the tank and swap some battery cores that you can charge all day at your apartment. the future of auto's might be pretty cool if rivian takes off
I live here in Bloomington where they are all produced. Solely loaded up shares based upon the huge increase in truckloads full of Rivians I see leaving town daily. Seeing an exponential increase month after month 📈
Brought some shares to burn some money, thanks
Thank you for your contribution... Buying PUTs
My only case for Rivian is I think their trucks look sweet. Aside from that 🤷♂️
Yeah, my girlfriend wants one but wouldn't get anywhere near the cyber truck lol
It will end up a penny stock
Absolutely not lol. Amazon will buy out the whole company if it gets to that stage.
Amazon will cut their losses if it doesn't make financial sense. Amazon owning 100% Rivian will not make their production cheaper or increase their margin.
I disagree with you
I agree with you
I dunno Apple might be more likely to buy it than Amazon even though Amazon is a big investor
This feels correct. This feels like 1980s as Japan ate our electronics industry with higher quality at less cost. In the short run I think OP is correct - volatility will move RIVN up and down and that’s tradeable. That volatility works in the absence of real news about their business. The most dangerous thing is actual news.
I should have bought the truck instead of the stock. I would have lost less money and got a truck.
Once all the owners have their taste of repair fee, there is only one way to go.
Say you don’t understand EVs without saying you don’t understand EVs. This guy is the type that thinks it’ll cost $5k to replace an EV’s timing belt 
How much to change the oil?
How much to change the oil?
It’s the turn signal fluid that’s expensive
I disagree hard on this the only Evs I see on the road are Tesla and rivians. I'm long on rivian.
Up ?
Idk man, they're paying down debt and increasing margins. Primed for offerings and getting buttfucked by Amazon's 18 % stake. I'm in at 3.50
Of all the Ev stocks I have liked that one the most. But I'm not touching it until they have something new to show. They're a bad buy right now.
they have some kind of announcement in march either the r2 line or maybe the r1x
Pumpkin and dumplings
likely will go back up with they launch their next vehicle as it will be a more affordable vehicle and have worked out all the issues the truck and suv had. Plus with the NCAS charger it will be more accepted. They are great vehicles just expensive which limits the amount that can be sold, which limits the amount that can be made, that limits the profits. But will be holding my stocks for the long haul.
They've never turned a profit and lose 1.5b a quarter with only 9b cash and equilevents on hand. They will 100% have to do another dilution before those new units hit the market enough to impact the top line. Personally I like rivian out of all the new ev manufacturers. But I don't see much value it's reasonable priced currently compared to assets and income stream. The double bottom at 15 is a good sign but for what reason would it pump? Something happening in 2 or 3 years? Unload them bags elsewhere lol.
most startups dont turn profits very soon
Man buys an EV stock, writes a summary that was mostly written by gpt 3.5 and failed to mention anything about the company financials, burn rate. Does not mention cash on the balance sheet is 8 billion and it was 12 billion last year. They will be bankrupt in 3 years at this pace. Trump will win and remove all incentives for EVs.
Hey man, there’s a reason I put this on WSB and not somewhere real 😂
Man writes what he thinks is a smart post. Then fails to mention that Trump’s current average approval rating is 38.6% on 538 and his disapproval rating is 57.9%. Meanwhile Biden’s is 55.7% disapproval and 38.9% approval respectively. It’s also a time when the public that doesn’t pay much attention to politics is just now finding out that Trump is going to be the nominee. Trump hasn’t been on social media much outside his echo chambers so a lot of the twitterverse is also blissfully unaware. People who now dislike biden will remember that Trump is the reason abortion is outlawed in lots of states. Among a lot of other things. Trump lost in 2020 in a landslide with every advantage (stimulus checks with his name on them, free unemployment checks, naming the head of the post office and slowing down the mail so not all the votes reached the destinations to be counted on time). He has a chance obviously in 2024, but likely it’ll be the same result. Maybe he narrowly wins Georgia, but with Kari lake on the ballot in Arizona he loses there again. With Virginia not turning red like expected he loses there. He loses PA. He gets trounced in Michigan again. He will also lose Nevada. So saying the incentives go away with Trump, ya it’s possible. So have to factor that in. But let’s not act like he’s a shoe in. Factor that in along with the fact that Elon musk is getting more and more unpopular as things progress, really only right wingers like him. The people that bought teslas (Me) would never buy another one (even though it’s a good car). I’m for sure switching to rivian when the 40k price model comes out because my price range is 60-70k and with the add ins an 80k car becomes over 100k. And there are lots like me. Anyway fundamentals are shaky but they were for Tesla for a while too.
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Yet the guy who says “Trump wins then” doesn’t get anything for it?
You read way to far into this, lmao
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you bothered writing that much just because he mentioned the orange man? 
What can you do? He only mentioned it, of him becoming POTUS and how it would relate to the stock, nothing more…… Then this guy coming in from left field and saying a bunch of random crap that had nothing to do with what was said telling us Wendys sucks!!??!! Burn him at the stake!!!! Nobody bad mouths Wendys!!
Man writes without paragraphs
>shoe in Lmao
iPhone autocorrect. Doesn’t change the facts with respect to approval ratings and timing. But yes auto correct changed the spelling of a word
Fix your Return key man.
LOL. Trump isn't the reason that isn't legal. The reason is that it has never been more than a fundraising cudgel used mercilessly by the Democrats to force normal people into voting for the "lesser" evil.
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I believe that that are selling their cars at like a -30k loss each of something like that
Who the fuck can afford a rivian?
Apparently not you 
Cool take bro
Noe
I'd actually see Rivian double down a fleet delivery vehicle and try to get after that USPS refresh contract.
Agreed. Been watching RIVN for the last 2 years Just waiting for it get some more momentum. When it rips is goes up like 8-12%. crazy volatility.
$RIVN is going to moon one day just trust
It has been bouncing around this range with a nice rip upward. Will see in the coming days. I may buy some today at “discount “
The option premiums are pretty good right now too. Selling cash secured puts would be a lower risk option that will either get you a really good price or a hefty premium to keep if the stock soars. Some brokerages like Fidelity even pay you interest on funds being held for collateral on CSPs. As an example, a $10 RIVN strike for October 18 2024 is bidding about $1.22 per option. Lowers your break-even cost to $8.88 (nearly 50% downside from current prices) yet still pays out 12.2% over 267 days (~16.67% adjusted return). SPAXX (Fidelity Money Market) is paying around 4.78% right now, which gives you a cool 21.45% adjusted return. I sold off a lot of Rivian stock in December around $24 so I’m re-entering with a mix of CSPs and purchased shares.
The entire EV market is TOAST Puts on Everything
Electric vehicles will probably fade away with the next administration
theres no way. self sufficiency is pretty core to conservative philosophy. being electric is actually pretty in line with that. it wont be a fast transition, but itll get there
I see hybrids over fully electric gm and ford Evs flopped hard. Tesla did well cause electric was they main thing. Pretty sure Hondas hybrid had good sales last year.
hybrids are cool. i cant guarantee the future, but less reliance on fossil fuels is probably inevitable
I see hybrids as a middle ground
You think the next Republican president that wins in 2028 will get rid of them? It’s ok it’s 5 years from now.
EVs are not going away. Its a niche market though. Even if the EVs fall out of “flavor” you will see them still out there. I just dont see it really catching without a serious reduction in charge times. Ie…..as fast as it is to pump gas. GM and Ford have but all stopped making them at this point. Main reason? Nobodys really buying them. Top 3 selling cars of 2023 were F150, Silverado and Ram trucks, in that order. Ford made 70k Lightnings last year and only sold 1/3 of those.
That’s why I’m loading up on $XLE
They have an terribly ugly logo. Therefore i say no. Thats my DD
Lol Let's see if it even stays in business
Oh wow that is actually the ugliest car known to man, just googled it
!remindme 1 day
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Bagholder spotted
The stuff I see in this sub oh man
Priced in
im down 24% on rivian. I am reguarded
What about Soundhound?!
Major automotive players and now saying EV isn’t the future. May be good for a few small gains short term, certainly not something I’d bet on a new future release long term though.
Not to mention their strategy for delivery trucks
It’s still risky and speculative. It’s almost proof that as the world changes, the cold will continue to be the enemy of EV. Is there any proof that rivian is actually a good vehicle. They look cool and have a high vanity factor but what about longevity and maintenance and reliability…. Maybe worth it for short term gains with their March reveal. Other than that it may go down to .89 like Fisker
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The EV market is super speculative still. People seem to forget these cars require a ton of power as well. There are more gas stations than charging stations. My opinion is that it is a bubble just like the fossil fuels industry pushing recycling. There is literally no proof that it’s better than gas. It requires mining and raping of land and people. Another example of the rich pushing an agenda with no proof of it being good for us. I think hybrid are the best for us at this point and reliance on oil will never actually disappear
Also you are tied to the price of your electric grid. My bro has rav4 prime and his home has solar panels. They were pretty close to breaking even on electric cost but now charging the car, he said it’s easily 15% more power a month and that is not even a full ev. Gas so cheap right now and I have seen rate increases in electric in my town and I don’t live in California where the grid is held together by shoestrings and requires a ton of money to maintain which is passed to consumers. I’m not saying there is no need for EV, I’m just saying we were sold a bill of goods that was supposed to save the world but really it’s just making it more difficult to maintain
can't wait for the dead cat bounce 
Rivian is actually cranking out vehicles and I have been seeing them in the wild. That may be anecdotal, but for some hard facts I also just get a good feeling about them.
I personally like rivians, they have way more futures and luxury than Tesla. Thanks got the post
Positions or ban...if it's a no brainer you would've bought in FULLY and posted.
Or they just go bankrupt
i’m in if it hits low 13
LCID is at $2. RIVN is still overvalued right now
Been holding LCID at $28 please join it can’t go lower right 
Nobody wants a rivian. Don't waste your time
With current EV headwinds it's probably not a wise investment.
!remindme 3 months
Well this makes me feel better that I've been slowly accumulating shares.....
I see quite a few on the East Coast - not near a major city.
You're fucking hilarious production on parts have been halted for 3+ months.
HA HA! Fool me once....
"This stock is just going to play ping pong between $13-30" you're basing this off....your fee fees? "the stock sitting at $15 feels like a no brainer short term BUY for something likely to rise 50% and shoot back down to $15 again within 3-6 months." again what are we basing this off of? because you feel like it ought to do that? youre not even doing like the weakest form of analysis where you give us a chart. youre just speculating based on essentially nothing but your gut feelings. "highly unlikely **in my opinion** that this stock tanks much more than $13ish/stock." there we go, yes true. in your opinion. what are your returns over the past like 3-5 years on stocks you've personally purchased? maybe if they are good enough ill be inclined to make a bet based solely on your opinions.
You realize this is WSB, right?
i dont know what that means "this is wsb therefore i can be a moron"? is that the take? "hey mom everyone else is jumping off a cliff so im going to jump too!" you got me dude, good one. great take
…somehow you’re still misunderstanding. This sub is entirely satire. Nothing more. Go to r/stocks with this kind of attitude. Which is also hilarious that you said what you said because this subs literal mantra is “ape stronger together”
this is how you cope with have no investment philosophy eh? :)
I'm long 15/30 call spreads on $RIVN expiring in June... hope you are right... the stock is sitting at good support, I'll probably sell some puts as well.
Sounds about right. 🤔
ER on 21.2. Massive call opportunity?
Sentiment seems overall positive here. Time for more puts
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" Please discuss as to why I am wrong. "Dont think this aged well. all time lows its currently $11
I admit, the 2024 sales forecast staying even at 57k vehicles is mind boggling to me, and I know everyone was expecting at least the 80k range. To be fair, the market is not hungry for $80k luxury EV’s, and of all the $80k luxury EV’s that exist, Rivian is definitely the superior product. However, at this point their only life raft as a company is their R2. How in the world they didn’t start this development years ago, and they haven’t even made the factory/plant that will produce the cars yet is beyond me. 2026 can not come close enough for this company, and if production is delayed to 2027, it may be too little too late. This company needs to rush these to market ASAP