Hold onto to your Rivian gear guard as this is going to be a very choppy ride, with more air pockets. The open interest and volume on long dated PUT options out to Dec 2025 and January 2026 are massive bets that this stock will be in the low single digits before it goes back to a solid double...
It is a bit concerning when RJ stuttered and deflected when asked if they will have enough capital/cash to launch the R2 platform and continue to deliver beyond 2025. Postive gross margin is one thing, but cash flow is another. Watch video at 3:50 and then the question asked again at 5:09...
Rivian to Cut 10% of Salaried Staff, Citing Economic Uncertainty
https://www.bloomberg.com/news/articles/2024-02-21/rivian-to-cut-10-of-salaried-staff-citing-economic-uncertainty
Rivian Automotive Inc. revealed plans to cut 10% of its salaried workforce and set production plans well below Wall...
Watts, volts, amps, and ohms are all important units of measure for electricity. They tell us how much power is being generated (watts), the force behind the flow of electrons (volts), the rate at which electrons are flowing (amps), and the resistance to the flow of current (ohms). By...