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Here is a fun report with some historics but keep in mind we’re sort of back to dot-com era with essentially made up values. TSLA’s P/E is pushing $400 while AAPL’s is $30. Rivian is also granting $500m to its ESG 501c4 which is nice on one hand but on the other it shows the jackpot they are...

Haha. If you were then you wouldn’t proclaim 175 shares at IPO list to be “generous”

Generous would be they also give us the same 15% rebate/discount they are giving the underwriters for their shares. But they aren’t. Any share they sell to “us” nets them more money than them selling via Goldman/DB/JP. You get that, right?

175 max is LAME. I get cutting us all down if we all want 1000 shares but I’d guess 50% of reservation holders want more than 100 shares.

I guess I’ll pay myself $99,999 this year. Not sure I can but I’ll waste an hour thinking how I could structure it.

It’s called a WAG but based on the range it’s probably a drunk WAG. a more reasonable estimate is a minimum 60% purchase rate. I think this goes up even more with the allowance of test drives and other ability to look under the hood.

“The underwriters will receive the same discount on any of our shares of Class A common stock purchased by the cornerstone investors as they will from any other shares of Class A common stock sold to the public in this offering” I want the cornerstone discount too. 15% from first day ipo

Can’t decide how much to buy. There is real risk here. They also set aside a similar amount for their ESG 501c4 which I don’t love given they aren’t close to being profitable. Also, $tsla market cap increased TODAY at an amount about double the total IPO value of Rivian. I don’t know how both...

“8,321,072 shares of Class A common stock issued to Forever by Rivian, Inc., a 501(c)(4) social welfare organization, to fund and support our social impact initiative in connection with the completion of this offering (see “Business—Forever” for additional information) based upon an initial...

7% to DSP at set IPO price. Still unclear of oversubscribed how they allocate

Me too. Haha

I was certain that Rivian would do a launch in Brevard county as homage to its roots. Guess I got that wrong.

“Real” Deliveries have not started. I know employees still waiting.

If you think that’s funny then you should read up on how hilarious most states protectionist laws bend over backwards to help regulated monopoly utilities.

These are lottery ticket type statements. Comments like this make me NOT want to participate.

Okay. So I’ve got a ~4000 standalone barn/garage. Spray foam on roof and walls but otherwise not climate controlled right now. I want sound when I open the doors up and am jamming outside. My *best* idea for the moment is to run 3 marine amped bazooka tubes plus some outdoor speakers for the...

I mean it’s all relative. I’m now semi-seriously looking at a Taycan given the delays…I’m sad they haven’t been “selling” to employees for a year now as they are the best beta testers and I’m always worried about downtime caused by maintenance problems.

I’d bitch and whine but still buy one. Inflation is real at the moment, perhaps, temporary but it’s here.

service center distance relating to delivery time is an interesting quirk. I get it but I’m ~4hours from the closest one and they didn’t exactly announce they were doing this in advance. Again, I get it because if they turn out becoming unreliable it would become an annoying schlep back and...

Well that’s annoying. I actually did a chat for the first time two weeks ago and they wouldn’t say. On one hand I don’t want it rushed but I also don’t think I can wait till 2023 so I guess i’ll need to set money on fire buying a Taycan in the meantime.