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Count Orlok

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that same site was publishing kill pieces on RIVN not that long ago (different author). anyone else remember?
 

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TollKeeper

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My average purchase price for my shares are 28.04.

I just bought a bunch when it was at 10, bringing my average share price down A LOT. I was at 48 per share average.

So 2025 is my break even... and the sky is the limit after that!
 

Davethadog

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Would be great if this happened but don’t expect Rivian to be worth $140B in 5 years time. More than Ford, GM and several other companies combined.
Yeah Rivian has a market cap of like 16b ford has a cap of about 50. Ford had like 175b in revenue last year, Rivian had 4. Already the math doesn’t add up though at least it’s not as egregious as Tesla.
 

SANZC02

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Would be great if this happened but don’t expect Rivian to be worth $140B in 5 years time. More than Ford, GM and several other companies combined.
Agreed, very optimistic. I can see 40 but see no way to 140 unless it becomes a meme stock like Tesla seems to be.
 

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sevengroove

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I like the look of that...

1720720419552-az.webp
I don't know how else to respond to this graph except: "wooow, what a cute picture honey! let's get it up on the fridge right away"

Edit: to state the obvious, that's directed at the author of the article, not @NY_Rob :D.

Also, I would love for this to actually happen because I'm currently breaking even at $15/share but this is a fairy tale.
 

NY_Rob

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Shouldn't have bought it at $78 then again at $29 then again at.. .well you get the picture :crying:
 

CharonPDX

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Yeah, that's what my ouija board and tarot cards also said.
 

Mark_AZR1T

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Yeah Rivian has a market cap of like 16b ford has a cap of about 50. Ford had like 175b in revenue last year, Rivian had 4. Already the math doesn’t add up though at least it’s not as egregious as Tesla.
These forecasts are ridiculous speculation. On a side note, Tesla energy storage business is very profitable and makes up part of the equation.....I'm thankful for them, as I paid for my R1T flipping Tesla stock from 2019 to 2022.
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