RIVIAN STOCK

[Max]

If they announce bad results the stock will be $25 or lower. They currently have no good news to announce. The recent delays with interior colors has not helped. It just looks like a great design company that cannot deliver anything on time. You almost wish that a major car brand would buy the company and get control of the manufacturing process. They have the best Truck out there but all of their other issues are taking the company down.

The shareholder good news is not always the same as reservation holder good news. Interior color situation tells the share holder Rivian is willing to do what it takes to get as many R1s out the door as fast as they can. To me ironing out the quality control issues and fixing design problems with OTA as fast as possible is very important. In this market any EV will sell but a few years down the road when market is crowded, reputation will be Rivian’s distinguishing asset. The way CS and QC works today tells me as a company they are not a well oiled machine yet. How they do in 22 (not how the stock does) will say a lot about how they do long term. If less than 3% of R1Ts and R1Ss delivered in December of this year generate a service call within the first two months, I say future of the company is in good shape regardless of how many they deliver this year or how badly the stock does in 22.

Disclaimer: my crystal ball is as foggy as the next guy. I just like talking out of my a….

Sponsored

 

[Rivian_Hugh_III]

Today Rivian closed at $30! Someone said Rivian would be ripe for a takeover in the teens. That’s only $10 away. Think the stock’s going to be okay?

 

[Mcdubjr]

Today Rivian closed at $30! Someone said Rivian would be ripe for a takeover in the teens. That’s only $10 away. Think the stock’s going to be okay?

Probably not because I bought some today.

 

[Scoiatael]

Today Rivian closed at $30! Someone said Rivian would be ripe for a takeover in the teens. That’s only $10 away. Think the stock’s going to be okay?

Whole market tanked today. So not reading much into this. Tesla lost $100 today.

 

[Ladiver]

When RJ starts selling stock, we know the end is near.

 

[tk21]

I think at this price it is a BUY..... I had $50k in at $47 and $30k in at $35.... Rivian is well positioned to succeed once they overcome supply chain challenges

I wish I had that type liquid capital to spend…

…could’ve bought another R1 too with that lol

 

[ironpig]

Rivian is a buy and hold. There is little that will come out in the next year or two to make the price jump. The whole market is tanking and will do so for the rest of the year. Next year RIVN stock might start its slow crawl higher, but I don’t really plan on looking at it for a few years. Too many unknowns.

 

[AllInev]

Barclays lowers Rivian PT on little valuation support, risks to production ramp

"With RIVN having reported 1,410 units of production YTD as of March 8, 2022 vs 2,553 units overall in Q1, we estimate an exit rate of ~410 units per week. Even assuming that weekly run-rate holds for all of Q2, it still implies ~5,350 units of production, and FY’22 production of ~18,600. However, with Q1 deliveries lagging production by a wider-than-expected margin, we have reduced our Q2 delivery estimate to 4,150 from 4,910 prior," analysts explained.

Furthermore, the bank questions the extent to which Rivian has secured enough supply to support its ambitious growth plans, especially in light of CEO RJ Scaringe's recent comments, where he warned of looming EV battery shortage.

 

[FutureTruck]

I was going to buy in at $25...now I think I might revise to $20

 

[lostpacket]

Anyone got some bandaids? My hands have lots of little cuts

 

[mini2nut]

Rivian stock might have hit rock bottom today. $32.18 last time I checked.

 

[ironpig]

Rivian stock might have hit rock bottom today. $32.18 lost time I checked.

now it's got a lot farther to go. Mostly along with the rest of the market's continued tech slide.

 

[moosehead]

Nothing new, but article covers the entire sector's recent declines.

https://edition.cnn.com/2022/04/29/cars/electric-vehicle-boom-bust/index.html

 

[NY_Rob]

I hate getting early morning emails from MS "RIVN has hit a new 52 week low..." $29.75 this morning

 

[mkg3]

May 9th is the lock up expiration date - two days before the earnings report for the Q1 and Q2 delivery update.

Monday probably will be ugly for RIVN and hope for upside surprise on Wednesday.

Ford has 100m shares and Amazon has 180m. While Amazon will probably not sell, Ford probably wants to cash out to fund their own activity.

Sponsored