10.97BMarket Cap-1909P/E (TTM)
11.210High10.710Low20.05MVolume10.830Open10.960Pre Close220.08MTurnover2.83%Turnover RatioLossP/E (Static)995.32MShares28.06052wk High1.36P/B7.80BFloat Cap8.26052wk Low--Dividend TTM708.12MShs Float179.470Historical High--Div YieldTTM4.56%Amplitude8.260Historical Low10.977Avg Price1Lot Size
Rivian Automotive Stock Forum
RJ said he would not guide Q2, as it’s messy due to shutdown
Making electric cars is harder.
Making a profit on electric cars with $Tesla(TSLA.US)$ as a competitor is almost impossible.
$Rivian Automotive(RIVN.US)$ arguably makes the second-best mass-market EV after Tesla, but it loses a substantial amount of money on each car sold.
As a result, its cash balance has dwindled to less than half of what it was just two years ago despite record sales nearly every quarter.
interesting times in Artificial Intelligence within the BioPharma space as $Recursion Pharmaceuticals(RXRX.US)$ keeps expanding BioHive 2.0 with the likes of $Rivian Automotive(RIVN.US)$
Lets Go 😎
#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).
$NIO Inc(NIO.US)$ $XPeng(XPEV.US)$ $Fisker(FSRN.US)$ $Lucid Group(LCID.US)$ $Rivian Automotive(RIVN.US)$ $The Lion Electric(LEV.US)$ $PROTERRA INC C/WTS 22/09/2027 (TO PUR COM)(PTRAW.US)$ $Hyliion(HYLN.US)$ $Workhorse(WKHS.US)$ $Canoo(GOEV.US)$ $Faraday Future Intelligent Electric Inc.(FFIE.US)$ $NU RIDE(NRDE.US)$ $Nikola(NKLA.US)$ $Arcimoto(FUVV.US)$
No comment yet