How's that going to work when pulling loaded Amazon and UPS trucks around? Sounds like a fleet headed for the side of the road. Maybe maintenance and repair costs will exceed those of gasoline.
IPO Rivian
- Thread starter cernjSHU
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80% of the cargo capacity will be filled by extra batteries.
There are a lot of delivery routes under 50 miles per day.
I'd imagine routes closer to 100 will be using gas. Under will use battery.
have to think the shortest routes are in cities where its much harder to store a bunch of electric cars. not sure what i think about rivian. love getting in on dips especially in a hot industry, but not risky enough to dump in rivian yet. maybe it keeps going down
A
anon_ezos2e9wn1ob0
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It's at $65 now. $107/share drop in 2 months, this was way too predictable.
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Well, it’s a great price to buy in. It won’t be at this price for long. The product is phenomenal.
Seems a bit of fear that Ford may move to lock in some profit on their investment soon?
i like me a good dip, but what makes rivians product different from all the other trucks being built by the name brand manufacturers?
In my opinion, it's still speculation but it's the investment from Amazon that makes me think they will still be here 5-10 years from now and could be on a similar trajectory as Tesla. Obviously plenty of risk there as well though.
Right, I don't think Amazon plans to solely rely on Rivian for their fleet of vans, but they made a large investment and own 20% of Rivian. I'd think Amazon wants them to succeed and will provide them with an opportunity to do so.
The market is seeing a selling into correction territory at large. Moreover, there is a movement out of tech into other sectors of the market. This is temporary and this presents a buying opportunity. Apple, Google, Amazon, Tesla are all down. I’m not worried about Rivian. Let’s check in 2-3 years from now.
If you want to chase what Hedge funds are doing, you will always be behind the curve. I’m certainly not that smart to be ahead of it. So, I take a long term investment strategy of buying and holding great companies. You just need the stomach to ride the inevitable roller coaster that happens with the market at any small moment in time.
Take these opportunities to buy. Markets have been very reactionary as of late. Netflix went down $100 from $500 to $400 when earnings met expectations based upon guidance that sees competition. Wow. Looks like a time to buy Netflix as well.
Never buy right after the IPO!!! IPO is built to make banks money …. Wait 3-6 months before you buy.
Where were you when I bought it? Lol. Listen, hindsight is 20-20. I bought Facebook IPO at 36 as well abs it went down to 19 at one point. Years later, I don’t really care because I made money and I am happy with my position. I never imagined it going so low. But, check back with me in two years and see if I am happy with my investment. I am sure I will be.
$33 and a class action? yikes!
www.prnewswire.com
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Rivian Automotive, Inc. of Class Action Lawsuit and Upcoming Deadline - RIVN
/PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Rivian Automotive, Inc. ("Rivian" or the "Company") (NASDAQ: RIVN)...
www.prnewswire.com
Danger of buying individual names unless you have the means and the stomach for it.$33 and a class action? yikes!
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Rivian Automotive, Inc. of Class Action Lawsuit and Upcoming Deadline - RIVN
/PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Rivian Automotive, Inc. ("Rivian" or the "Company") (NASDAQ: RIVN)...
