? *BREAKING* Rivian & VW Announce Joint Venture -- VW Investing $1B in Rivian and another $4B to form JV for next gen EVs

[Canthoney]

Wonder how long before this falls apart like the Mercedes JV.

Well, aren’t you just a ray of sunshine?

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[Rividiculous]

I’m gonna say it: I wager that Rivian outsells Tesla globally by 2034.

 

[s4wrxttcs]

Scary that we have to think about the viability of the car maker.

Need to remember that Amazon invested a ton too and that stability is long gone.

Or the Ford.

Basically Rivian is just a Minion looking for its evil master.

Ford, Amazon, and now VW.

VW is kinda evil, but its not like Amazon level evilness.

 

[Curt]

Dang, I just sold some $12.5 call contracts for Friday today too!

 

[strykerwsu]

Well into the black now. Get out my original investment and live off the gravy. Good work RJ.

 

[Rividiculous]

Exactly! I’ve been waiting for one to pop up so I can snatch.

How about you stay on this forum while I watch the R1 Shop for you? ???

 

[Southern R1S]

Dang, I just sold some $12.5 call contracts for Friday today too!

Ouch. Worst I've got is some 12/25 $30 calls that I sold last year (at $10.05 credit) when the stock peaked lol - I'm invested enough in Rivian that it would make my day if those actually expire ITM for the buyer

 

[Retrorambler]

I have a feeling this is related to a platform needed for the EV Scout

 

[opnwide]

When I first glanced at this, I thought RJ was announcing tennis lessons with Roger Federer...

 

[HEK]

This on top of simplifying the manufacturing process, is really good news.

https://www.rivianforums.com/forum/...rom-manufacturing-production-retooling.29568/

 

[Sgt Beavis]

RIVN now up almost 48%
Edit: over 49%
Edit: over 50%
Edit: over 53%
Edit: over 54% (starting to see a trend here)
Edit: over 56%

 

[ja_kub_sz]

I guess now we know why the Scout looked so familiar...

Hah... Well the Scout's gonna be pretty badass now.

Keep The World Adventurous... There's a Scout in all of us.

 

[DB-EV]

This pretty much makes sure Rivian lives on for the foreseeable future.

First thought I had when I saw the headline.

 

[CANCERDOC]

What wonderful news. I hope they both find value to grow with this joint venture.

 

[Hereforthesnacks]

Or the Ford.

Basically Rivian is just a Minion looking for its evil master.

Ford, Amazon, and now VW.

VW is kinda evil, but its not like Amazon level evilness.

I had a VW diesel in 2016. I’ll never forget when Dieselgate hit and I had this ridiculous polluting car in my driveway. I’ll never buy a VW again…

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