$Futu Holdings Ltd(FUTU.US)$
$Futu Holdings Ltd(FUTU.US)$
PCT (Pandas Coffee Talk): documenting RS (Reverse Split) short squeeze. You heard about short squeeze in GME (Gamestop) AMC APE. You now have a chance to be part of the process 19-21-23/12/2022. CEI is doing a RS (Reverse Split) of 50 to 1. By right there is 98% reductions of market floats shares. That mean buying holding 50Shares you know what GME short squeeze is all about in 5Days learning curve.
The last...

$Tesla(TSLA.US)$ like Nasdaq seems like on its way to mid Bollinger Band

$Rivian Automotive(RIVN.US)$ Many investors may get excited about Rivian’s partnerships with well-known companies like Amazon and Ford. However, when we dig into the details of these partnerships, they’re filled with hype and not much else.
$Amazon(AMZN.US)$ : In 2019 Rivian announced a partnership with Amazon Logistics Inc., (referred to in the S-1 as “Logistics”) a subsidiary of Amazon which is responsible for last-mile delivery of Amazon’s retail operations. While it's reported that Amazon has ordered 100,000 electric delivery vehicles (EDVs) from Rivian, under the terms of the agreement Amazon is under no obligation to actually purchase any vehicles. From the S-1:
“While the EDV Agreement provides that we will be reimbursed for certain development costs, it does not include any minimum purchase requirements or otherwise restrict Logistics from developing vehicles or collaborating with, or purchasing similar vehicles from, third parties.”
Additionally, Amazon Logistics has exclusive rights to purchase EDVs from Rivian for four years after the date of first vehicle delivery and a right of first refusal for an additional two years.
In other words, Rivian cannot sell EDVs to any other company for four years after delivering its first vehicle to Amazon, whether or not Amazon decides to purchase any EDVs at all. The exclusivity clause of this agreement may significantly hamper Rivian’s ability to capture market share and allow more competitors to enter the EDV market uncontested.
$Ford Motor(F.US)$ : Rivian also made headlines due to the investments from Ford, which now total nearly $800 million in Class B and D preferred stock. In 2019, Rivian entered into a purchase agreement with a Ford subsidiary, Troy Design and Manufacturing Co (referred to as TDM), for the supply of prototype and pre-production vehicles. Now that Rivian’s factory is up and running, it expects to discontinue purchases for this service from TDM.
However, Rivian is still required to purchase certain key components for its R1 vehicle program exclusively from TDM for the life of the R1 vehicle program. Details on the rest of the partnership are unclear. Ford already cancelled plans to build a Lincoln EV based on Rivian’s platform in 2020, stating that “it would be better to focus our development efforts on Lincoln’s own fully electric vehicle.” More recently, Ford executives left Rivian’s board of directors and Ford noted in a statement that “Rivian is a strategic investment and we're still exploring ways for potential collaboration with them. We don't have anything to announce today.”
While these partnerships were touted as legitimizing Rivian’s business, in reality, they look more like arms-length equity investments by Amazon and Ford. In its latest 10-Q, Amazon reported a 20% ownership interest in Rivian. In many respects, these partnerships hinder Rivian’s growth and cost model more than they help the company.

$Rivian Automotive(RIVN.US)$ At its expected valuation of ~$52 billion, Rivian would be valued on par with Honda, a manufacturer that produced more than 4.5 million vehicles worldwide in fiscal 2021, and nearing Stellantis, BMW, and more. See Figure 1. At $1.2 trillion, Tesla’s market cap is off the chart and is therefore excluded from Figure 1.

Rivian is going public on Wednesday, Nov.10th
join the discussion and post your thoughts!
$Rivian Automotive(RIVN.US)$ , the electric vehicle maker backed by $Amazon(AMZN.US)$ and $Ford Motor(F.US)$ , priced its IPO on Tuesday at $78 a share. The deal values Rivian at $66.5 billion.
Rivian is already worth almost as much as Ford ($79 billion) and General Motors ($85 billion). That’s all before the company has even started generating real revenue. $Lucid Group(LCID.US)$ is worth $72.5 billion even though the company just began production of its first cars. $Nikola(NKLA.US)$ ’s market cap was higher than Ford’s at one point last year before it's been accused to be a lie.
While Rivian is still effectively pre-revenue, the company said in its prospectus that it has a backlog of 55,400 pre-orders for its R1T and R1S electric vehicles. The company said it expects to fill those orders by the end of 2023. Additionally, $Amazon(AMZN.US)$ has ordered 100,000 vehicles to be delivered by Rivian by 2030, and the companies plan to have 10,000 new Rivian-Amazon delivery vehicles on the road as early as next year.
Even though Rivian and Lucid have delivered 0 vehicles to their customers. Investors are continuously trying to hop on "the next Tesla" at the early stage.
Join the Rivian IPO discussion now>>
Source:
Rivian prices IPO at $78 a share, valuing electric vehicle company at $66.5 billion

$UTIME LTD(UTME.US)$ will it ever go up to $60 again….