This is newbie mistake by comparing P/E ratio without context. Nvidia is growing top line at over 200% with a significant growing segment of Gen AI. Teslaās most recent quarter was double digit decline with net profit falling even more.
This sounds from a seasoned investor. As a R1s owner, I want the company to survive. However, I wouldnāt invest even a single share in it. Why? It is not sustainable that your flagship cars donāt even produce 15% gross margin.
These cars are supposed to demand the highest margins. People like...
I have warned people who bought more RIVN due to R2 announcement. When a company likely runs out of cash before even producing R2, profitability and slower cash burn rate are what actually matter.
Why RIVN almost always drops more than TSLA? When the EV industrial is under over supply, Tesla...
If the stock is only driven by short term sentiment, the stock would be a penny stock by now. It is still above $9 because some long term hype is still there.
I have seen tons of stocks falling below $1. Yet, their stubborn investors kept cheering for buying more during the falls. Not saying...
This may be exactly the problem I have. I also have a pillow at the back of the seat to make my back support better. Have you found a solution to the situation for your wife?
I donāt shift my seat at all during stops. I merely put my hands off the wheel and feet off the break or gas. The car somehow felt there was lack of activity, so automatically shifted it to park.
I find your point interesting. The outlook of Rivian isnāt good. For the best interest of its customers, it should try to raise as much money as possible.
My R1S frequently shifted to park automatically during red light waits. The screen also show a message saying it is automatically parked. Sometimes, the auto park happened within 10 seconds of the wait.
Does anyway else find this feature annoying? I have to shift it to drive again during the...
Precisely. The big problem is EV adoption has faced a road block after the easy targets are tapped in. Thatās why all major EV makers including Tesla has warned about 2024. Meanwhile, GM and Ford didnāt give a bad guideline about their ICE forecast. āHighā interest rate hurts both ICE and BEV...
When I see people compared Rivian with the money losing Tesla in before 2020, they made a critical mistake.
Tesla were gross margin positive with model S/X in even during its early years. For example, its GM was 27% in 2010 and 28% for 2014.
In contrast, Rivianās GM is still deep in the red...
Clearly, R.J. implied they would need capital raises to fund R2 when he avoided to give a firm No when asked about the question.
From my experience as a seasoned investor, they will likely do it when the stock pops after a potential gross margin breakeven quarter.