All told it probably saves me from myself. I was ready to for 1,000+, but fortunately someone else is serving as the voice of reason. On the upside, if it plummets I can pick up more shares at a relative "bargain."
FedEx and UPS are backing their own horses:
https://www.fleetowner.com/news/article/21121715/ups-takes-stake-in-evmaker-arrival-will-buy-at-least-10000-electric-delivery-vans...
Amazon's order, guesstimating $70K per vehicle is $7B over ten years, ASSUMING all milestones are met and the entire contract is fulfilled. Not really enough to build a company on. It's an unjustifiably high valuation for a company with no products yet in customers' driveways, but Tesla-mania is...
The off-road upgrade is more than just skid plates:
" With the Off-Road Upgrade, available to add on to the Adventure Package or Explore Package, the underbody shield is enhanced with reinforced materials extending from bumper to bumper and side to side."
From what I've read it's a sandwich of...
Not a binary decision. I like to see what happens after the noise dies down. I'm up on a few IPOs over the past year or two by doing just that. Did I let some dollars slip by? Absolutely, but I still made pretty good returns (about 40%+).
The only thing riskier than gambling on what's going to happen in the next two years is gambling on what's going to happen in the two years after that.
Right now (2022-2023) they have to produce cars in some quantifiable volume, expand their service network, build out charging infrastructure...
Oh, I don't doubt that the vehicle will have a far longer life expectancy, just very doubtful that the loss of range on the original battery at 300K miles will only be 30%.
While not directly comparable I purchased a replacement battery pack for my 2005 Prius after about 12-1/2 years (120K...
The id4 is an electric Honda CRX. Perfectly functional, perfectly fine. But not really a "plan b" vs. Rivian. And while I own shares in Quantumscape, I don't think they're any closer than any other manufacturer to a marketable solid state solution. As Fisker pointed out, the last 10% of the...
I'm in good company:
https://www.motortrend.com/news/2022-rivian-prime-delivery-van-first-look-review/
And my initial point in correcting the price to sales math was not wrong.