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The problem with post like this is they attract way too much attention. That's why YouTube etc is filled with garbage like this. There's a whole industry now that's devoted to posting dubious content.

Sounds like a safe play, average out over time if you can. The capitulation low was $19.25, at least that's a reference point now. $40 is the double top. If Rivian is to show signs of great stress, I would imagine it's would be by the middle of next year and the price would have broken through...

Most likely tax loss selling taking place too. Imo, early next year into mid year will be the make or break point.

The risk is bear markets in general. These things can be just downright brutal. Averaging down might help but time it out your purchases over time, only use money you can afford to lose. $19 is the high volume capitulation, but it doesn't mean it can't undercut that.

I would still just take the gas car and still enjoy the trip.

Stocks in bear markets can keep falling. The only thing we know is capitulation happened at roughly $19. The second thing we know is the Fed wants unemployment much higher and they will get their way along with all the casualties that go with that. It will be interesting to see if it breaks...

Take the car why ruin family time because of charging. What you trying to prove anyways?

The problem is the settlement should have never have been to force a charging network. The Ccs network is barely hanging on, it's so bad that government had to inject billions. There is just no money to be made with the Ccs charging network. What should happen is the manufacturers should have...

Telsa had a market cap over a trillion, Rivian over a 100 billion. This was nothing but pure momentum plays by "investors" during the stay at home stock buying nirvana. I seriously doubt those highs will ever come to fruition again. I could see tsla eventually falling to $50-75B and rivn below...

What a crappy start to the Rivian charging network. Why install your own charging network if you can't even beat the competition.

They have to get inflation to very low levels. Imagine the interest expenses on the national debt if inflation stayed over, say, 5% for years. This time next year, the economy will be in very much worse condition.

The bigges Agree. They don't wanna have another 70's debacle.

It's because of the rising interest rate campaign the Fed is on. Their goal is to push inflation down, not protect Rivian shareholders of falling share prices.

Consistent fast charging under non-ideal conditions, then I'll get excited...otherwise it's just PR.

Just reading that sounds very painful. Spine surgery is serious stuff. Hope you have a speedy recovery!

To me, looks like someone kicked it with their shoe.

I'm not sure how Tesla or Amazon is considered a monopoly. There's nothing wrong with having brand specific charging connections. In fact anything would be an improvement than what is available today. If the courts didn't penalize VW into installing chargers, EA wouldn't be around either. Even...

This doesn't sound good. I was hoping the Rivian network of chargers would be more reliable and quicker. What's the point of having your own charging network if it doesn't deliver as promised or something better than the other guy.

Yeah, generally you'll get flamed if you're against the mania crowds. They're trying to convince themselves they made a sound investment. Bears will have their reasons. I guess that's what makes a market. IMO, financials don't matter...RIVN was suppose to be the next TSLA....that's why...

Yeah, the market is down, but that's after the fed is doing their thingy. Again, where were the great minds a year ago when Mr Market was stretching to 4800, they were all saying it's a great time to buy based on earning, blah blah blah. Old man Warren says buy when there is fear and sell when...