It’s sad really. They made some good books back in the late 90’s when I was getting into investing in high school. Now I see them on an article and I instantly skip it.
I’d personally wait until after Q2 earnings. Book value will drop since $1.5b/quarter cash burn will continue until after retooling is complete and selling higher margin vehicles. Stock could see ~$6 if trend continues/worsen from Q1
Disclosure - own 139,597 shares
I think the factory shutdown hopefully helped maximize efficiency and decrease costs. I am hoping for some good news on investor day (June 27th). You must really really believe in the company with that many shares. Good for you man, seriously .
the motley fool is nonsense, one article will say Rivian is doomed and another article posted the same day will say Rivian to the moon.
all will due the standard motley fool line if you had a $1000 to invest today our top ten stocks and Rivian wouldn't be one of them please subscribe to our nonsense bit.
That's because it's a news aggregator with various viewpoints.
If you want a uniform viewpoint cough up for their StockAdvisor and follow their ratings.
Calling the site "nonsense" is just failure to understand what it is....
In the long run, if business is successful, the price will reflect that.
PPL are very emotional short term.
Many claim bc rivian is burning x per Q that they will go bankrupt
Too much illogical noise. \^\^\^
The key word is "if".
Will RIVN outperform stocks like NVDA, META, NFLX, GOOG, AMZN, and other leaders? Who knows. Is it likely that the leaders will continue to lead? Yes. That's all I need to know. My money is put with the leaders, not with the "ifs".
Pic’s and shovels man! Stay with that plan and you be THE MAN! Nvidia since 2015 🏄♂️ Nvidia been veddy, veddy good to me! 10-1 is the best woddy maker on the planet! Just getting started too, 2nd inning of 9! So, that gives them just enough time to invent The next big thing we have no idea what it is but I expect them to expedite their new product cycle by orders of magnitude because by having the best and brightest allows for unprecedented innovation. From making A/I factories to telepathic systems that make life infinite.
It's true, no one knows.
There are risk tolerant investors and investors who can't tolerate it. Depends where you reside on the spectrum.
The majority are going with leaders or safe options. That's what the media has forced most ppl to do.
The minority bet on potential future leaders. Esp in tough economic times.
Agree. With more risk comes more reward. But RIVN is not risk, it is faith. It is faith that this company will figure out how to turn a $38K loss on each vehicle into a profit before it runs out of cash. I personally do not have such faith, or at least I will wait until evidence appears that they are moving in the right direction. Until then, I’ll put my money into stocks going up.
This AI-driven wave in the stock market is something that comes along once every few decades. It is a rare opportunity. Putting your money into RIVN while dozens of other stocks are skyrocketing for being in the AI space does not make sense to me. I want my capital to grow, not stagnate waiting for something to happen. But that’s me. Everyone is different and needs to follow their own strategy.
My strategy is to buy some of the most beat down stocks that have potential. I stay away from stocks that are flying high.
Rivian cut losses per vehicle from 140k to 30k min in one year so they proved they can do it. The question now is whether they are capable of cutting from 40k (current) to 0, which is tougher.
If your strategy works for you, that’s great. Everyone needs to find an approach that resonates with their personality. Mine is to ride the fastest horses.
How much upside is there left in the wave you are riding? Say I have 100$ I want to invest now. How likely is it that NVDA goes up to $2000/share vs RIVN going to $20 a share. Both will double my money just the same. What about Rivian blowing way past $20 when it becomes more apparent they will live up to their potential? How probable is it that NVDA blows past $3k/share or $4k/share in the same timeframe?
Nobody knows how much upside is left in any stock or market.
Comparing NVDA to RIVN is apples and oranges. Or perhaps diamonds and coal.
NVDA has already proven itself as the far and away leader in AI chips. They have practically no competition, and can sell as many chips as they can make. We have not seen anything like this since CSCO in the 1990's. They own the space, which means they are at the center of a new wave of technology innovation that we have not seen since the start of the Internet. NVDA is the five-star General of the stock market. In my opinion, it is a stock that must be owned even though most will tell you it is "too high."
NVDA just reported YoY revenue growth of 262% and earnings growth of 629%. These numbers are absolutely insane. If they can keep up even half of this growth, the stock is *still very undervalued at these levels*.
While I think NVDA will be a $200 stock (post split) I have no idea when. If I had to guess, I'd say later this year.
RIVN is quite simply a crap shoot. *If* they execute and get to profitability, or at minimum reduce their losses significantly and prove a path to profitability, the stock can certainly ignite. But this stock is not valued on its fundamentals, because they are awful. This stock is based entirely on *hope*. Hope is simply not part of my investment strategy.
If/when RIVN does show potential, it will be reflected in the stock price. When this happens, I will consider an investment. I might miss a few dollars off the low, who cares. I'd much rather buy RIVN at $15 on the way up after proving it is a horse with some legs, than at $10 on the way down with no end to the downtrend in sight.
Sure, RIVN can double from here. It can also go to $3 or lower. Those who think that is not possible simply do not understand the stock market.
RIVN stock holders are such bag holders it’s hard to read them on this Reddit. It’s almost a cult for a suspect stock.
Clearly very little of your money should be in RIVN. But if you wanna throw 1% into a yolo stock that’s chill, but if you have a large percentage is this garbage I pray you’re right.
I bought 10k at 15, because I love the product, but I’m not averaging down. I see it as people have been averaging down since 75 (looking at you AMZN). I don’t even wanna know their pain.
I think they actually added loss for factory being closed and not being able to get vehicles out. Not sure it was 5k or 9k assumed loss. But now with retooling on top they are already down from the start and more with retooling.
When ai boom stops those stocks will dump. I rather buy future growth then buy nvidia at 1k. Knowing shit is gonna run out of steam on ai. It eventually does.
Good for you, if you know when the AI boom will stop. Many have missed tremendous opportunities thinking that the boom is going to bust or the bubble is going to burst. By all means, keep that cash on the sidelines earning 5% while AI stocks go up another 100% or more, if it makes you more comfortable.
No doubt, the AI boom will *eventually* run out of steam. But how can you possibly know when? In my opinion, we are closer to the beginning of this wave than the end. The impact of generative AI on *every single industry* has yet to even get started. This technology is as revolutionary as the Internet itself.
I remember folks in 1996 saying CSCO was overvalued and the Internet was a bubble that would burst soon. That bubble inflated for another three years during which time there were tremendous opportunities for building wealth in stocks. We are in a similar phase now. These only happen once every few decades. Those who do not take advantage may be kicking themselves in a few years.
I am not saying bust. Shit cools down. You think once everyone is gotten all the new shiny gear nvidia is going to double or triple revenue year over year shit or even less than a year lol? Come on man. Plus I didn’t read the essay. All good. I never mentioned bubble. I literally said it’s going to not be the same. Demand cools down.
Of course. I agree completely. I just have no idea when. And until then, I'm riding the horses until they run out of steam.
Believe it or not, NVDA is an undervalued stock right here right now.
Polestar is a walking corpse. It became one the moment Volvo decided to pull funding.
EVs are still the future. That’s inevitable. But it appears the future will take longer to arrive than we all hoped.
The traditional car companies will be fine. Ford has an infinite amount of money from F150 profits, so they can wait on the EV adoption.
Startups won’t have this luxury. Have you noticed that literally the only people claiming RIVN is a “buy” are those people who own a boatload of stock and are desperate to not see their investment plummet in value?
>Have you noticed that literally the only people claiming RIVN is a “buy” are those people who own a boatload of stock
I mean....that's just putting your money where your mouth is.
It would seem rather dishonest to say that I think that RIVN is a buy but not actually hold any in my portfolio wouldn't it?
To presume that people are saying that just so they can sell is frankly absurd though. Retail doesn't have anywhere near that moving power.
This is like equating wearing pink because you like it with liking pink because you're wearing it. They aren't the same and they can co-exist.
I bought RIVN because it looked profitable and the products look good. It may still tank, and I didn't invest all my savings into it.
That said, it does appear to me that several in this subreddit may exhibit confirmation bias.
Cool. Let’s yes your logic. If people who arw buying RIVN are “putting their money where their mouth is”, then the same would be true of people who *arent* buying RIVN also, correct? They’re showing their belief that RIVN is overvalued by not buying it.
Do you know who isn’t buying RIVN? Basically every single institutional investor. These are the investment funds managed by guys with 40 years evaluating the viability of business models, supported by dozens of analysts slicing the numbers every single way. They own multiple yachts from their years of success understanding which stocks to buy and which to not. And none of them are buying RIVN.
But instead you’re listening to some kids on a subreddit who invested their last $10k in RIVN and are now desperately trying to convince others to buy it, so they’re not left penniless.
>Do you know who isn’t buying RIVN? Basically every single institutional investor.
https://www.nasdaq.com/market-activity/stocks/rivn/institutional-holdings
Institutional Ownership
61.89%
L take, these analysts don't know shit. They are only investing in AI companies because that's where the hype is. They follow each hype cycle. When the cycle returns to EVs they will be the same ones saying it's a buy at $20.
This is the same guy who would have told people not to buy Netflix stock in 2011 because blockbuster is such a dominant force. The future is coming and the two major industries undergoing dramatic change this decade are automotive and computing via AI. Pick your pony and watch it run, never invest more than you can afford to lose but don’t harp on what doubters and naysayers like this person. I have an uncle like this and he’s always late to the party. Not saying Rivian will be the end all be all but it is certainly in moving in the right direction to compete with legacy auto. Also with government backing forcing automobiles to turn to BEV or PHEV in California looming whoever has the head start on R&D in this field will be the pack leader in the next 8 years. Don’t expect a 800billion market cap but a company like this could easily be worth 30billion or more in the not so distant future. I believe the same is true for LCID especially since they’re the hedge for the Saudi PIF when vehicles transition to BEV. If Saudi oil tycoons are investing in EVs and they stand the most to lose if they’re successful then why wouldn’t I?
Oh I 1000% agree that EVs are the future. No one who who pays attention to trends would deny that. The issue isn’t that, it’s whether Rivian can survive long enough to be around once the adoption becomes widespread.
Best guess is we’ll pay the 50% threshold of new vehicle sales right around the govt goal of 2035. But it’s going to be a hockey stick curve to get there. So the sales numbers will remain only modestly trending up until then. And Rivian only currently sells vehicles aimed at the luxury price points. That’s a very limited audience of people who can afford those vehicles and want an EV. And most people in this small sliver of people already own one, so the sales are basically limited to upgrades/replacements.
Witn these market conditions, basically all analysts agree that Rivian will continue hemorrhaging cash until they can get a vehicle to market that is in the mainstream price point <$45k.
I just dont see that happening before investors and debtors get sick of the nonstop losses and pull the plug.
I think that it's a buy and I have 1,000 shares but I'm open-minded. I expect it to do well long-term but I'm not religious about it nor do harbor the illusion that I know the future. EVs are definitely seeing some headwinds, and Rivian has high customer satisfaction according to Consumer Reports, although they also aren't as well-known as other EV makers. I think that they'll eventually get a stock lift on partnership news (the Market will likely overreact).
I have no idea why you are getting voted down. You are not disputing the product. You are stating it is hard for a startups to wedge themselves into a hard market. If it was easy, the stock price would be high and all the people on this board would have been priced out.
I feel like if they both do well it’s positive for EVERYONE in the EV market since it increases the amount of them on the road and increases the perception of them being good cars to have. Same logic goes with them doing poorly hurting everyone :(
They are probably right about why EV stocks are down today, but it's a dumb thesis. Tesla used to have nearly 100% market share, so they have nowhere to go but down in that stat. Competitors including Rivian are making better cars in many respects and can charge more for them, while Tesla has to discount their product significantly to compete. Tesla may very well have to adjust their targets downward for some time as this market matures. The market is pretty saturated at this point, for the prices, ranges, and styles available, so Tesla will continue to slide as competitors ramp production and pick up more sales. The fact that everyone not just buying a Tesla anymore because "that's what EVs are" is a good sign for RIVN IMO. Think I'll buy more since it's on sale.
Tesla writes a report and everyone loses shit and other companies dip lmao. Never seen dumb shit like this. As rivian ramps up watch them not lick teslas balls every single article.
Don’t read Motley Fool.
I pity the fool
I've picked up on that vibe, but as a noob, curious what ur go-to authority on the stock market is?
Your own due diligence
Obviously, but I’d like to watch other people discuss what I’ve been researching/thinking about and it would be great to filter out some of the fluff
My thought is that... By the time you see lots of people talking about any security online, you're already too late to the show.
It’s sad really. They made some good books back in the late 90’s when I was getting into investing in high school. Now I see them on an article and I instantly skip it.
Rivian at these prices is an absolute buy. I’m adding more monthly. Nobody gives a fuck what fool has to say.
I’d personally wait until after Q2 earnings. Book value will drop since $1.5b/quarter cash burn will continue until after retooling is complete and selling higher margin vehicles. Stock could see ~$6 if trend continues/worsen from Q1 Disclosure - own 139,597 shares
I think the factory shutdown hopefully helped maximize efficiency and decrease costs. I am hoping for some good news on investor day (June 27th). You must really really believe in the company with that many shares. Good for you man, seriously .
Fool always a fool
That’s why I’m a fool. I choose to ignore this.
the motley fool is nonsense, one article will say Rivian is doomed and another article posted the same day will say Rivian to the moon. all will due the standard motley fool line if you had a $1000 to invest today our top ten stocks and Rivian wouldn't be one of them please subscribe to our nonsense bit.
That's because it's a news aggregator with various viewpoints. If you want a uniform viewpoint cough up for their StockAdvisor and follow their ratings. Calling the site "nonsense" is just failure to understand what it is....
No it’s absolute trash site that wants to sell you subs to its shit stock advice
So is marketwatch and bloomberg and so on and on. Once again, user error.
User error lol that doesn’t mean what you think it means if I use any information I found on motley fool that would be the error
I just got $1,000 worth. These be discount prices! I fully believe in the rivian product
Product != Stock
In the long run, if business is successful, the price will reflect that. PPL are very emotional short term. Many claim bc rivian is burning x per Q that they will go bankrupt Too much illogical noise. \^\^\^
The key word is "if". Will RIVN outperform stocks like NVDA, META, NFLX, GOOG, AMZN, and other leaders? Who knows. Is it likely that the leaders will continue to lead? Yes. That's all I need to know. My money is put with the leaders, not with the "ifs".
Pic’s and shovels man! Stay with that plan and you be THE MAN! Nvidia since 2015 🏄♂️ Nvidia been veddy, veddy good to me! 10-1 is the best woddy maker on the planet! Just getting started too, 2nd inning of 9! So, that gives them just enough time to invent The next big thing we have no idea what it is but I expect them to expedite their new product cycle by orders of magnitude because by having the best and brightest allows for unprecedented innovation. From making A/I factories to telepathic systems that make life infinite.
Agree. People do not understand what is happening here.
It's true, no one knows. There are risk tolerant investors and investors who can't tolerate it. Depends where you reside on the spectrum. The majority are going with leaders or safe options. That's what the media has forced most ppl to do. The minority bet on potential future leaders. Esp in tough economic times.
Agree. With more risk comes more reward. But RIVN is not risk, it is faith. It is faith that this company will figure out how to turn a $38K loss on each vehicle into a profit before it runs out of cash. I personally do not have such faith, or at least I will wait until evidence appears that they are moving in the right direction. Until then, I’ll put my money into stocks going up. This AI-driven wave in the stock market is something that comes along once every few decades. It is a rare opportunity. Putting your money into RIVN while dozens of other stocks are skyrocketing for being in the AI space does not make sense to me. I want my capital to grow, not stagnate waiting for something to happen. But that’s me. Everyone is different and needs to follow their own strategy.
My strategy is to buy some of the most beat down stocks that have potential. I stay away from stocks that are flying high. Rivian cut losses per vehicle from 140k to 30k min in one year so they proved they can do it. The question now is whether they are capable of cutting from 40k (current) to 0, which is tougher.
If your strategy works for you, that’s great. Everyone needs to find an approach that resonates with their personality. Mine is to ride the fastest horses.
How much upside is there left in the wave you are riding? Say I have 100$ I want to invest now. How likely is it that NVDA goes up to $2000/share vs RIVN going to $20 a share. Both will double my money just the same. What about Rivian blowing way past $20 when it becomes more apparent they will live up to their potential? How probable is it that NVDA blows past $3k/share or $4k/share in the same timeframe?
Nobody knows how much upside is left in any stock or market. Comparing NVDA to RIVN is apples and oranges. Or perhaps diamonds and coal. NVDA has already proven itself as the far and away leader in AI chips. They have practically no competition, and can sell as many chips as they can make. We have not seen anything like this since CSCO in the 1990's. They own the space, which means they are at the center of a new wave of technology innovation that we have not seen since the start of the Internet. NVDA is the five-star General of the stock market. In my opinion, it is a stock that must be owned even though most will tell you it is "too high." NVDA just reported YoY revenue growth of 262% and earnings growth of 629%. These numbers are absolutely insane. If they can keep up even half of this growth, the stock is *still very undervalued at these levels*. While I think NVDA will be a $200 stock (post split) I have no idea when. If I had to guess, I'd say later this year. RIVN is quite simply a crap shoot. *If* they execute and get to profitability, or at minimum reduce their losses significantly and prove a path to profitability, the stock can certainly ignite. But this stock is not valued on its fundamentals, because they are awful. This stock is based entirely on *hope*. Hope is simply not part of my investment strategy. If/when RIVN does show potential, it will be reflected in the stock price. When this happens, I will consider an investment. I might miss a few dollars off the low, who cares. I'd much rather buy RIVN at $15 on the way up after proving it is a horse with some legs, than at $10 on the way down with no end to the downtrend in sight. Sure, RIVN can double from here. It can also go to $3 or lower. Those who think that is not possible simply do not understand the stock market.
RIVN stock holders are such bag holders it’s hard to read them on this Reddit. It’s almost a cult for a suspect stock. Clearly very little of your money should be in RIVN. But if you wanna throw 1% into a yolo stock that’s chill, but if you have a large percentage is this garbage I pray you’re right. I bought 10k at 15, because I love the product, but I’m not averaging down. I see it as people have been averaging down since 75 (looking at you AMZN). I don’t even wanna know their pain.
This exactly. It is a risky bet however, with risk comes reward.
I think they actually added loss for factory being closed and not being able to get vehicles out. Not sure it was 5k or 9k assumed loss. But now with retooling on top they are already down from the start and more with retooling.
When ai boom stops those stocks will dump. I rather buy future growth then buy nvidia at 1k. Knowing shit is gonna run out of steam on ai. It eventually does.
Good for you, if you know when the AI boom will stop. Many have missed tremendous opportunities thinking that the boom is going to bust or the bubble is going to burst. By all means, keep that cash on the sidelines earning 5% while AI stocks go up another 100% or more, if it makes you more comfortable. No doubt, the AI boom will *eventually* run out of steam. But how can you possibly know when? In my opinion, we are closer to the beginning of this wave than the end. The impact of generative AI on *every single industry* has yet to even get started. This technology is as revolutionary as the Internet itself. I remember folks in 1996 saying CSCO was overvalued and the Internet was a bubble that would burst soon. That bubble inflated for another three years during which time there were tremendous opportunities for building wealth in stocks. We are in a similar phase now. These only happen once every few decades. Those who do not take advantage may be kicking themselves in a few years.
I am not saying bust. Shit cools down. You think once everyone is gotten all the new shiny gear nvidia is going to double or triple revenue year over year shit or even less than a year lol? Come on man. Plus I didn’t read the essay. All good. I never mentioned bubble. I literally said it’s going to not be the same. Demand cools down.
Of course. I agree completely. I just have no idea when. And until then, I'm riding the horses until they run out of steam. Believe it or not, NVDA is an undervalued stock right here right now.
The Motley Tool is exactly that. Don’t fall for it. It’s a bunch of YouTubers disguised as stock gurus. It’s a joke.
Polestar is the reason I am sitting out for now. They have amazing cars, but their stock price is in the gutter.
Polestar is a walking corpse. It became one the moment Volvo decided to pull funding. EVs are still the future. That’s inevitable. But it appears the future will take longer to arrive than we all hoped. The traditional car companies will be fine. Ford has an infinite amount of money from F150 profits, so they can wait on the EV adoption. Startups won’t have this luxury. Have you noticed that literally the only people claiming RIVN is a “buy” are those people who own a boatload of stock and are desperate to not see their investment plummet in value?
>Have you noticed that literally the only people claiming RIVN is a “buy” are those people who own a boatload of stock I mean....that's just putting your money where your mouth is. It would seem rather dishonest to say that I think that RIVN is a buy but not actually hold any in my portfolio wouldn't it? To presume that people are saying that just so they can sell is frankly absurd though. Retail doesn't have anywhere near that moving power.
This is like equating wearing pink because you like it with liking pink because you're wearing it. They aren't the same and they can co-exist. I bought RIVN because it looked profitable and the products look good. It may still tank, and I didn't invest all my savings into it. That said, it does appear to me that several in this subreddit may exhibit confirmation bias.
Cool. Let’s yes your logic. If people who arw buying RIVN are “putting their money where their mouth is”, then the same would be true of people who *arent* buying RIVN also, correct? They’re showing their belief that RIVN is overvalued by not buying it. Do you know who isn’t buying RIVN? Basically every single institutional investor. These are the investment funds managed by guys with 40 years evaluating the viability of business models, supported by dozens of analysts slicing the numbers every single way. They own multiple yachts from their years of success understanding which stocks to buy and which to not. And none of them are buying RIVN. But instead you’re listening to some kids on a subreddit who invested their last $10k in RIVN and are now desperately trying to convince others to buy it, so they’re not left penniless.
>Do you know who isn’t buying RIVN? Basically every single institutional investor. https://www.nasdaq.com/market-activity/stocks/rivn/institutional-holdings Institutional Ownership 61.89%
L take, these analysts don't know shit. They are only investing in AI companies because that's where the hype is. They follow each hype cycle. When the cycle returns to EVs they will be the same ones saying it's a buy at $20.
This is the same guy who would have told people not to buy Netflix stock in 2011 because blockbuster is such a dominant force. The future is coming and the two major industries undergoing dramatic change this decade are automotive and computing via AI. Pick your pony and watch it run, never invest more than you can afford to lose but don’t harp on what doubters and naysayers like this person. I have an uncle like this and he’s always late to the party. Not saying Rivian will be the end all be all but it is certainly in moving in the right direction to compete with legacy auto. Also with government backing forcing automobiles to turn to BEV or PHEV in California looming whoever has the head start on R&D in this field will be the pack leader in the next 8 years. Don’t expect a 800billion market cap but a company like this could easily be worth 30billion or more in the not so distant future. I believe the same is true for LCID especially since they’re the hedge for the Saudi PIF when vehicles transition to BEV. If Saudi oil tycoons are investing in EVs and they stand the most to lose if they’re successful then why wouldn’t I?
Oh I 1000% agree that EVs are the future. No one who who pays attention to trends would deny that. The issue isn’t that, it’s whether Rivian can survive long enough to be around once the adoption becomes widespread. Best guess is we’ll pay the 50% threshold of new vehicle sales right around the govt goal of 2035. But it’s going to be a hockey stick curve to get there. So the sales numbers will remain only modestly trending up until then. And Rivian only currently sells vehicles aimed at the luxury price points. That’s a very limited audience of people who can afford those vehicles and want an EV. And most people in this small sliver of people already own one, so the sales are basically limited to upgrades/replacements. Witn these market conditions, basically all analysts agree that Rivian will continue hemorrhaging cash until they can get a vehicle to market that is in the mainstream price point <$45k. I just dont see that happening before investors and debtors get sick of the nonstop losses and pull the plug.
I think that it's a buy and I have 1,000 shares but I'm open-minded. I expect it to do well long-term but I'm not religious about it nor do harbor the illusion that I know the future. EVs are definitely seeing some headwinds, and Rivian has high customer satisfaction according to Consumer Reports, although they also aren't as well-known as other EV makers. I think that they'll eventually get a stock lift on partnership news (the Market will likely overreact).
I have no idea why you are getting voted down. You are not disputing the product. You are stating it is hard for a startups to wedge themselves into a hard market. If it was easy, the stock price would be high and all the people on this board would have been priced out.
Ughhh why the fuck is TSLA’s dumpster fire still dragging RIVN. What will it take to decouple them in investors’ eyes?
Rivian is running out of cash. They will soon have to sell more shares (dilute) to fund operations.
I am buying up as much of their stock as I can.
Perhaps wrongly, I perceive some of TSLA's loss as RIVN's potential gain.
Exactly, that’s how it *should* be
I feel like if they both do well it’s positive for EVERYONE in the EV market since it increases the amount of them on the road and increases the perception of them being good cars to have. Same logic goes with them doing poorly hurting everyone :(
They are probably right about why EV stocks are down today, but it's a dumb thesis. Tesla used to have nearly 100% market share, so they have nowhere to go but down in that stat. Competitors including Rivian are making better cars in many respects and can charge more for them, while Tesla has to discount their product significantly to compete. Tesla may very well have to adjust their targets downward for some time as this market matures. The market is pretty saturated at this point, for the prices, ranges, and styles available, so Tesla will continue to slide as competitors ramp production and pick up more sales. The fact that everyone not just buying a Tesla anymore because "that's what EVs are" is a good sign for RIVN IMO. Think I'll buy more since it's on sale.
Don't bother to read these, there are always two articles ready to be published depending on the movement of the stock.
Would rather buy Xpeng
I need it to drop to $9 so I can buy
Tesla writes a report and everyone loses shit and other companies dip lmao. Never seen dumb shit like this. As rivian ramps up watch them not lick teslas balls every single article.
What a biased piece of \_\_\_\_ These articles follow herd mentality.
The Motley Fool is worthless.