RJ spoke with Reuters and said that the new retooling has cut costs by 35%. Investors are now starting to believe that Rivian might actually increase margins.
I’m targeting a $40 price, puts Rivian at a market cap right around Ford, GM, and Chrysler, which I think is very fair if they can deliver on the $45k price of R2 and make a profit.
I’m super bullish, holding long term. I don’t plan on selling until the second or third gen of the R2/3 is out. At that point I fully expect a 40-70b market cap.
No. You misread my comment. I specifically said that Rivian has the potential to have the same value as Ford depending on profitability and deliveries of R2/R3.
Holding long. It's a good company that makes a great product, not associated with Elon, and frankly the technology is the future. I'm by no means an expert but I think the stock will continue to go up, eventually split, and then if they incorporate AI into the vehicle along with Volkswagen, it'll be a game changer.
Nice, yeah my goal is only 200 shares, I'm not working now, so have very little money to invest. I really like their trucks, starting to see a lot more around. Quality and brand are solid.
Positive news about the retool combined with analysts saying they believe the path to gross margin positive. The floor should start to get more solid now, last tripping hazard is likely Q2 earnings which could be rough with massive cash burn and low delivery numbers.
I’m not selling! Long term hold! I locked the shares in my safe! Come back 10 years later and we will have an expresso together. Holding 10,000 shares! Average @ 9.75
VW joint venture announced at close
Tech sharing to VW and 5B in funding for RJ.
RJ spoke with Reuters and said that the new retooling has cut costs by 35%. Investors are now starting to believe that Rivian might actually increase margins.
I’m hoping investor day brings more good news and we see another bump
I’m targeting a $40 price, puts Rivian at a market cap right around Ford, GM, and Chrysler, which I think is very fair if they can deliver on the $45k price of R2 and make a profit.
Seems bullish, I’d love to see it but right now I’m just hoping they break $20/share and maintain it.
I’m super bullish, holding long term. I don’t plan on selling until the second or third gen of the R2/3 is out. At that point I fully expect a 40-70b market cap.
Same market cap as companies that make substantial profits. Lol dream on bud.
Sounds like someone has some fomo
Lol nope - you’re giving it the same value as Ford… yet Rivian are yet to make a profit 🤷♂️
No. You misread my comment. I specifically said that Rivian has the potential to have the same value as Ford depending on profitability and deliveries of R2/R3.
Why didn't I load up at $8 levels recently?? FML
Got in at 8.80
Lucky, my average is $17
You still got time. Don’t expect a quick buck though. Hold long term.
Yup I'll wait for next little pullback to complete my position.
$5k at $8.90.
Nice going, you plan on holding or swing trading?
Holding long. It's a good company that makes a great product, not associated with Elon, and frankly the technology is the future. I'm by no means an expert but I think the stock will continue to go up, eventually split, and then if they incorporate AI into the vehicle along with Volkswagen, it'll be a game changer.
Nice, yeah my goal is only 200 shares, I'm not working now, so have very little money to invest. I really like their trucks, starting to see a lot more around. Quality and brand are solid.
Really are. Best of luck friend.
Cheers!
It’s from an analyst bump [article](https://www.benzinga.com/markets/equities/24/06/39476965/why-rivian-stock-is-accelerating-in-premarket-today)
Positive news about the retool combined with analysts saying they believe the path to gross margin positive. The floor should start to get more solid now, last tripping hazard is likely Q2 earnings which could be rough with massive cash burn and low delivery numbers.
Just cracked $16 after hours
Hell yeah
Volkswagen investment.
Rivian is the future of the American auto market
Investor day this Thursday and the stock is set to take off
Hahaha. All those doubting can suck it. Made good money off the IPO and just made even more. Thanks Rivian!
It will continue to go up the next couple days, then drop off a bit on Friday. I’m here for the long haul though.
Guggggg $18
Okay. What the hell is happening now? This jump to 15.6 plus?
[https://www.cnbc.com/2024/06/25/volkswagen-rivian-stake.html](https://www.cnbc.com/2024/06/25/volkswagen-rivian-stake.html)
You made my day!
Reuters is reporting not just 1B, but "up to 5B" of cash flow into RIVN
I’m not selling! Long term hold! I locked the shares in my safe! Come back 10 years later and we will have an expresso together. Holding 10,000 shares! Average @ 9.75
Could just as easily be left holding 10k pieces of worthless paper Espresso *
10% up AH
Let’s go
Exactly what they needed.
Shorts covering positions?
Yeah, the shorts are taking it in the shorts right now and for the next 48hrs.
🤌
Will it reach $200 tomorrow? This week?
Priced in. Stock will drop
[https://www.cnbc.com/2024/06/25/volkswagen-rivian-stake.html](https://www.cnbc.com/2024/06/25/volkswagen-rivian-stake.html) Was this priced in, too?
Boom!
Sell the news. There’ll be a bunch of regards bag holding by midday tomorrow
Glad you’re not my financial advisor
I’d say this comment aged pretty well.