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BigE1923

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I have to laugh......getting stock price estimates on/from a car enthusiast websites(......and a car brand you have some emotional ties too), about the same if not worse than listening to your friends at the gym. ?‍♂
So I shouldn’t focus on the eccentric portion of the rep range?
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Arvada Mike

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New companies and tech are often targeted for pump and dump schemes by the raving geniuses on Wall Street. Invest in what's solid and hold. Don't get caught up in the day trader life unless you can devote a lot of time to it.
 

UnsungZero_OldTimeAdMan

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Agreed, very optimistic. I can see 40 but see no way to 140 unless it becomes a meme stock like Tesla seems to be.
Unless it becomes a meme stock like TSLA did. I don't see that happening though, as hard as that faction of "investors" might try.
 

Electron

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New companies and tech are often targeted for pump and dump schemes by the raving geniuses on Wall Street. Invest in what's solid and hold. Don't get caught up in the day trader life unless you can devote a lot of time to it.
As someone who's in this field I concur. In my opinion, if you're entry is very reasonable then what one should do is very obvious, or you'll "possibly" get eaten up alive by the whales at some point and lose it all.

Unless it becomes a meme stock like TSLA did. I don't see that happening though, as hard as that faction of "investors" might try.
Sad to say and I know some might get rear hurt by this, but it's already treated as a meme stock by those in my line of work. RIVN is in the meme bucket just like how TSLA is with most seasoned traders. It's 100% a meme stock for me and just a tool to trade.

Realistically, with all the teething issues with the Gen 2, SC issues, wonky economy, people on a budget, high interest rates, election year, early adopters already having bought their EVs (that initial pool of EV folks has been exhausted), etc., the real hard question that us Team Rivian folks need to ask ourselves are:

1. Can Rivian really sell enough of the R1x, the only models in the line up to become cash positive by Q4? Tall order if you ask me.

2. Do you really think the Van sales will carry us? Like really. Be honest with yourself.

3. Do you really think the cash injection from VW will carry us? In my opinion, probably as this was the saving grace for Rivian. Without this I think we would be closer to going bankrupt come 2025, which would be devastating for any R2/R3 plans.

I'm 100% rooting for Rivian and hope to see them succeed, but as that saying goes, "being in the right place at the right time," right now it's really rocky in a lot of ways that I think a lot of people, including those in this camp, are conveniently choosing to turn a blind eye to some realities that are right in front of their faces. If you want to talk details feel freel to DM me as I don't want to derail the thread.

Go Rivian. Woot. ?
 
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Honey

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As someone who's in this field I concur. In my opinion, if you're entry is very reasonable then what one should do is very obvious, or you'll "possibly" get eaten up alive by the whales at some point and lose it all.



Sad to say and I know some might get rear hurt by this, but it's already treated as a meme stock by those in my line of work. RIVN is in the meme bucket just like how TSLA is with most seasoned traders. It's 100% a meme stock for me and just a tool to trade.

Realistically, with all the teething issues with the Gen 2, SC issues, wonky economy, people on a budget, high interest rates, election year, early adopters already having bought their EVs (that initial pool of EV folks has been exhausted), etc., the real hard question that us Team Rivian folks need to ask ourselves are:

1. Can Rivian really sell enough of the R1x, the only models in the line up to become cash positive by Q4? Tall order if you ask me.

2. Do you really think the Van sales will carry us? Like really. Be honest with yourself.

3. Do you really think the cash injection from VW will carry us? In my opinion, probably as this was the saving grace for Rivian. Without this I think we would be closer to going bankrupt come 2025, which would be devastating for any R2/R3 plans.

I'm 100% rooting for Rivian and hope to see them succeed, but as that saying goes, "being in the right place at the right time," right now it's really rocky in a lot of ways that I think a lot of people, including those in this camp, are conveniently choosing to turn a blind eye to some realities that are right in front of their faces. If you want to talk details feel freel to DM me as I don't want to derail the thread.

Go Rivian. Woot. ?
I don't think rivian has a demand issue. There r1s and now r2 on the horizon will help carry the tourch

"We’re well over a 100,000 pre-orders for R2, and those continue to climb — and they really climb organically,” Fallon said. “As we really push R1 and R1 gen 2 and continue to get our current product out there, the R2 continues to increase in pre-orders.”

https://www.wglt.org/local-news/202...annual-family-and-friends-day-at-normal-plant
 

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Electron

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I don't think rivian has a demand issue. There r1s and now r2 on the horizon will help carry the tourch

"We’re well over a 100,000 pre-orders for R2, and those continue to climb — and they really climb organically,” Fallon said. “As we really push R1 and R1 gen 2 and continue to get our current product out there, the R2 continues to increase in pre-orders.”

https://www.wglt.org/local-news/202...annual-family-and-friends-day-at-normal-plant
We have to sell the R1s in order to get there and with how things are going with the Gen 2 issues it could deter some buyers away from Rivian. I know of 3 people across the country who have all canceled their Gen 2 orders and took the 1k loss. Small sample size, but it's usually a representation of whats at play on a larger scale. (Kind of like the mouse/rat analogy, if you see one, you can bet there are a crap tone more.)

Rivian really needs to get rid of the non refundable deposit BS. That's just shady and among the ones that can afford these EVs/wealthy where 1K is nothing to them, it's the basic principle of the matter. One shouldn't have to forcefully buy in just to get some numbers. That is complete BS.

I hope the R1 line sells well, but we can't start partying yet until we know for sure how it plays out through Q3 and more importantly Q4.

I have no doubts about the R2 and R3 if we successfully make it there. Also, pre-orders don't translate to 100% of them buying.

I'm pretty confident that we'll get a good chunk of Model Y owners to opt for the R2, but at the same time the new Model Y refresh "Juniper" will be a tough competitor as it'll be a benchmark status rig for its class, once again.

If you drive a previous gen Model 3 back to back with the new Model 3 "Highland" you'll get a real world glimpse of how great of a car the new Model 3 is. We'll see these carry over to the Juniper.

Going back to pre-orders, it means nothing unless your Tesla who will actually sell a higher than normal % of the actual pre-orders. How many of the R2 orders will convert? Who knows, but I can assure you it won't be 100%, let alone the tall order Rivian has to even get there.

We have to realize that we're banking on R1 sales right now. Yea, we have the EV Vans and the VW sugar Daddy cash drop, but those have their limits. I think even with crap R1 Q3 and Q4 sales, we'll be saved by the VW sugar cash to keep some money in the bank in order to execute the R2/R3 production. Without it, in my opinion we'd be SOL.
 
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Honey

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I'm actually looking forward to this week. I have money ready to buy more. Just got back from my wildland deployment made over $20k in overtime, will be using that to bring my shares to over 2k then the rest into crypto.
 

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Looking back a few hours ago, the market open would have been a good time to buy since RIVN is currently flat for the day but had opened down 10%. Kind of a crazy start to the trading day today!
 

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I'm actually looking forward to this week. I have money ready to buy more. Just got back from my wildland deployment made over $20k in overtime, will be using that to bring my shares to over 2k then the rest into crypto.
2k shares is rookie numbers ?.

I’m looking forward to seeing some incredible expense saving numbers from all this hyped up cost saving platform. Otherwise, this is going to gap down.
 

R1TS

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I don't think rivian has a demand issue. There r1s and now r2 on the horizon will help carry the tourch

"We’re well over a 100,000 pre-orders for R2, and those continue to climb — and they really climb organically,” Fallon said. “As we really push R1 and R1 gen 2 and continue to get our current product out there, the R2 continues to increase in pre-orders.”

https://www.wglt.org/local-news/202...annual-family-and-friends-day-at-normal-plant
Not with the R1S. But, they surely have a demand issue with the R1T.
That model has been declining sales ever since.
 

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Today I sold all my gains to lock them in because I am afraid the downturn isn't over. Of course that means I didn't sell any RIVN.

:CWL:
 

mkg3

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Today I sold all my gains to lock them in because I am afraid the downturn isn't over. Of course that means I didn't sell any RIVN.

:CWL:
Sounds like a knee-jerk reaction.

While downturn may still come, over the years, it will gain so it depends on your time horizon.

Today, I stepped in and bought few things when baby was being thrown out with the bathwater...

No I didn't touch Rivian stock. I have enough and that definitely is underwater. R2 cannot get here fast enough...
 

mkhuffman

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Sounds like a knee-jerk reaction.
Maybe. The herd will determine what happens. But if I am wrong, I still have a significant amount invested so it will be fine. If I am right, I have a significant amount to reinvest when the market is low.
 

Yellow5

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I guess today is the next in a long series of tests. I firmly believe there is a cohort of investors that jump ship as soon as they realize that RIVIAN loses money right now. They act surprised when quarterly results come in, good or bad, simply because they expect to turn a profit. This, in turn artificially depresses the stock as others jump in on the bandwagon trying to stave off any future losses.

In the end these silly moves don't count for much. RIVIAN is on a good path and will illustrate it today. Once positive gross margin is achieved earnings day shouldn't be so much of an expose on our uninformed investors, once overall profitability is achieved the only limiting factor is the scale of the deliverables.
 

adam12

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cool thanks for posting. Lots to think about.
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