10.64BMarket Cap-1853P/E (TTM)
11.070High10.650Low12.15MVolume10.880Open10.880Pre Close131.37MTurnover1.72%Turnover RatioLossP/E (Static)995.32MShares28.06052wk High1.32P/B7.57BFloat Cap8.26052wk Low--Dividend TTM708.12MShs Float179.470Historical High--Div YieldTTM3.86%Amplitude8.260Historical Low10.814Avg Price1Lot Size
Rivian Automotive Stock Forum
#Rivian fundamentals are improving, pathway to profitability is now clear, and the technicals in the stock are pointing to a big run up.
1) Additional imported duty to 3 sampled Chinese EV brands:
>BYD: 17.4% (27.4%)
>Geely: 20% (30%)
>SAIC: 38.1% (48.1%)
2) Additional imported duty of 21% (31% tariffs in total) to Chinese EV brands that cooperated in the investigation but not sampled:
Aiway...
Good luck 🤞🍀🤞
Simple math tells me Rivian needs to make a gross profit of $17,209 per vehicle to generate an operating profit, which is...not going to happen.
$Rivian Automotive(RIVN.US)$
The $Tesla(TSLA.US)$ killers’ graveyard.
As a reminder, when something goes down 99%, it needs to go up by 10,000% to reach back its initial level which is insane
The reality for a new electric companies nowdays. Rarely anyone will survive
Redemption for these companies (if possible) will be a long and treacherous path (and dilutive).
$NIO Inc(NIO.US)$ $XPeng(XPEV.US)$ $Fisker(FSRN.US)$ $Lucid Group(LCID.US)$ $Rivian Automotive(RIVN.US)$ $The Lion Electric(LEV.US)$ $PROTERRA INC C/WTS 22/09/2027 (TO PUR COM)(PTRAW.US)$ $Hyliion(HYLN.US)$ $Workhorse(WKHS.US)$ $Canoo(GOEV.US)$ $Faraday Future Intelligent Electric Inc.(FFIE.US)$ $NU RIDE(NRDE.US)$ $Nikola(NKLA.US)$ $Arcimoto(FUVV.US)$
Less than a month after Washington quadrupled duties for Chinese EVs to 100%, Brussels said it would set tariffs...
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