Amazon Discloses 20% Stake in EV Maker Rivian

[RivianXpress]

https://www.bloomberg.com/news/articles/2021-10-29/amazon-discloses-20-stake-in-ev-maker-rivian

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[Gator42]

The Seattle-based company’s order for electric delivery vans extends through the end of the decade, with the first 10,000 units due before the end of next year. The order is a cornerstone of Amazon’s ambitious plan to curb its rising greenhouse gas emissions.

Does Amazon get full credit for the to curb its rising greenhouse gas emissions part just for buying the trucks? That seems very...sciencey

 

[St Bernard]

The Seattle-based company’s order for electric delivery vans extends through the end of the decade, with the first 10,000 units due before the end of next year. The order is a cornerstone of Amazon’s ambitious plan to curb its rising greenhouse gas emissions.

Does Amazon get full credit for the to curb its rising greenhouse gas emissions part just for buying the trucks? That seems very...sciencey

Amazon has a nice profit based on 20% ownership. It’s on their books for $3.8bb and 20% at $80bb is $16bb. With Lucid now valued at $60bb RIVIAN could easily reach over $100bb when they go Public next month.

 

[MIG]

Amazon has a nice profit based on 20% ownership. It’s on their books for $3.8bb and 20% at $80bb is $16bb. With Lucid now valued at $60bb RIVIAN could easily reach over $100bb when they go Public next month.

That's why it pays to get in on the ground floor.

 

[Tim-in-CA]

Amazon has a nice profit based on 20% ownership. It’s on their books for $3.8bb and 20% at $80bb is $16bb. With Lucid now valued at $60bb RIVIAN could easily reach over $100bb when they go Public next month.

Would be great if we could get the Amazon deal for the Directed Share Program, but unfortunately it will be highly unlikely. ?

 

[Sgt Beavis]

I was already planning to invest $10K in Rivian. But lookin at Lucid's performance and this Amazon news, I'm seriously thinking about jumping in with $20K.

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