This one is easy. Bring in some sort of bean counter and they would suggest this:
Mobile service vehicles
Employee fleet vehicles
Pre Price Hike Customers with annoying questions
Pre Price hike customers with freemium upgrades likes launch edition, glacier...
I would guess if you have a 2024 LA Silver date, the build will occur during the earlier part of the year.
This is to try to get all those delayed / angry customer out the door as soon as possible in 2024 after stringing them along forever.
My assumption is Rivian has filled up each batch...
20" wheels: 100% what this off road truck was made for. Forged wheels with all terrain tires are a match made in heaven. Most folks who buy 20" aftermarket wheels as a second set will not be able to afford forged or won't upgrade to a forged wheel.
21" wheels: 100% created for marketing sake to...
Get the underbody shield. The truck feels much more solid compared to the cheap weak panels that are factory.
I had the opportunity to get under both and really bang the underbody with my hands to see if the upgrade was worth it. I decided to spend the extra for the underbody protection from...
[UPDATE] Rivian inspected the leak and found a failed seal on the upper drain plug of the rear drive unit. They replaced the seal, drained and refilled the unit with fluid, road tested it, did general diagnostics, and returned it to me. Overall it was a very good service experience. They...
This is a fresh strategy to use if you get in at the current $30 or lower price point.
Selling calls and buying puts is a bearish strategy given the macro environment and RIVN pain points.
One can pick up twice the number of puts compared to calls they sell.
Puts will be at -.15 delta and...
Ford owns 102 million RIVN shares and sold 8 million shares. That is 7.8% of their ownership stake not 0.08%.
Lets bring this stock down closer to $15 and start dollar cost averaging over the next 2 years of bear market we are about to experience.
I can see Rivian issuing more stock to expand...
Ford is selling 8m of its Rivian shares through Goldman as insider lockup for stock of once high-flying EV maker expires tomorrow. Ford currently owns 102m shares.
Sources also tell me JP Morgan selling a 13-15m share block for unknown seller.
Both blocks priced at...