Stock price prediction upon release of the R2?

[Hereforthesnacks]

Wanna bet?

I’d hold off on bets until we see the configuration and order page!

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[DD4ST]

As a Rivian owner, I quickly noticed the enthusiasm for the brand and bought some stock ~$14 as I saw more upside than down. Still I think it has more risk than companies already making a profit, and so only bought enough I could withstand taking a loss. I think the VW venture is a big boost to confidence, although there have been currents of some turbulence of late in that venture. And I was happy to see Amazon investing so heavily. However, this week we took a drive through Georgia and I noticed a fair amount of GM Brightdrop EV vans (~$66K retail) being operated by FedEx, so Rivian has some competition here.

Botton line is I don’t see Rivian going to $40, and will likely take profit if there is a bounce prior to R2 introduction. Maybe rebuy if it then drops. With the VW and Amazon relationships I don’t see Rivian going out of business, but I do think it is a likely target of a VW buyout if things don’t improve. But a buyout would also likely provide a price bounce.

 

[VSG]

I noticed a fair amount of GM Brightdrop EV vans (~$66K retail) being operated by FedEx, so Rivian has some competition here

The Chevrolet BrightDrop EV Van Is Dead

Just sayin' ...

 

[UnsungZero_OldTimeAdMan]

The Chevrolet BrightDrop EV Van Is Dead

Just sayin' ...

And FedEx made wrong bet supporting GM. Now it has an orphaned fleet on its hands. There will be some support remaining, sure. But longer term… Not first time GM stabbed its customers in the back. And won’t be last. Old/new GM… same animal. I hear the Silverado/Sierra EV may also meet same fate.

 

[Biturbowned]

I’m a buyer

 

[allisgoodman]

Have you been doing that all year?

It's almost like clock work.

The clock doesn't work the same this time

 

[s4wrxttcs]

The clock doesn't work the same this time

Strange.

Normally it requires me to buy a stock for the expected behavior to cease.

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