RIVIAN STOCK

[CharonPDX]

The whole market is tanking. A bunch of "big companies" also hit 52-week lows. I wouldn't worry about any one individual stock at the moment.

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[Sgt Beavis]

The whole market is tanking. A bunch of "big companies" also hit 52-week lows. I wouldn't worry about any one individual stock at the moment.

Agreed. I’m debating on whether to buy some more to balance out my 300 shares at $49.

 

[Max]

Rivian has been expanding it’s work force and it’s operating cost has been increasing. Interruption to supply chain and ramp up could further delay profitability. It will be interesting to see how Tim Fallon navigates these waters in 2022.

Since we hit Putin in the pocket, he may try to hit us back by messing with the market.

More buying opportunity ahead? Where is a crystal ball when you need one?

 

[thebigkat]

I think at this price it is a BUY..... I had $50k in at $47 and $30k in at $35.... Rivian is well positioned to succeed once they overcome supply chain challenges

 

[ironpig]

I think at this price it is a BUY..... I had $50k in at $47 and $30k in at $35.... Rivian is well positioned to succeed once they overcome supply chain challenges

I'm never sure what metric to use for "success" on these story stocks. the current valuation doesn't make any sense. There's no projection for when they might become profitable and there are so many hurdles the entire EV industry has to overcome before they can scale.

The best thing that happened to Rivian was the failure of Tesla to design a real truck and bring it to market. Being first to market with a truck is probably the one thing that is keeping up the appearance that they are a real player.

 

[MrFlee]

I'm never sure what metric to use for "success" on these story stocks. the current valuation doesn't make any sense. There's no projection for when they might become profitable and there are so many hurdles the entire EV industry has to overcome before they can scale.

The best thing that happened to Rivian was the failure of Tesla to design a real truck and bring it to market. Being first to market with a truck is probably the one thing that is keeping up the appearance that they are a real player.

This armchair analyst agrees. Facing supply chain constraints, ability to scale and restless natives in Georgia doesn't bear much faith in the stock, even at current levels. With Ford starting to ramp up and providing competition in the EV truck market, I'm afraid Rivian has squandered its lead and being first to market. Yes, I understand the difference between products. If Ford can scale up and produce at the levels it's saying it can, it'll be a bumpy ride for a bit. Long term, greater EV truck acceptance will help Rivian once it becomes profitable. Until then, hang in there.

 

[mini2nut]

I'm never sure what metric to use for "success" on these story stocks. the current valuation doesn't make any sense. There's no projection for when they might become profitable and there are so many hurdles the entire EV industry has to overcome before they can scale.

The best thing that happened to Rivian was the failure of Tesla to design a real truck and bring it to market. Being first to market with a truck is probably the one thing that is keeping up the appearance that they are a real player.

I agree. Rivian simply lucked out that the Cybertruck was not in production when it went on sale last year. I think it would have impacted the reservation numbers.

 

[Max]

Don't seem to be running out of new lows. 20s seem to be in sight.

 

[Lawrence-of-Blaine]

This armchair analyst agrees. Facing supply chain constraints, ability to scale and restless natives in Georgia doesn't bear much faith in the stock, even at current levels. With Ford starting to ramp up and providing competition in the EV truck market, I'm afraid Rivian has squandered its lead and being first to market. Yes, I understand the difference between products. If Ford can scale up and produce at the levels it's saying it can, it'll be a bumpy ride for a bit. Long term, greater EV truck acceptance will help Rivian once it becomes profitable. Until then, hang in there.

People worry about Ford and Chevy, but there’s only so much cobalt and lithium to go around.

 

[R_1_T]

Don't seem to be running out of new lows. 20s seem to be in sight.

If it breaks through 30, it likely makes it to 24.

 

[Max]

If it breaks through 30, it likely makes it to 24.

It seems like when market goes down a little, Rivian goes down a lot. Hopefully rebound (if there is one), will be proportionally faster.

 

[R_1_T]

It seems like when market goes down a little, Rivian goes down a lot. Hopefully rebound (if there is one), will be proportionally faster.

If short interest continues to increase, a squeeze could help fuel an upswing.
It's currently at 10.54%
Regardless of this, the chart is ugly and would have to break out of the downward channel.
I don't see this happening due to broader market conditions and the coming depression - we have yet to see the full weight of currency devaluation and the engineered supply chain disruptions.

Buckle up - it's going to get much worse.

 

[St Bernard]

If short interest continues to increase, a squeeze could help fuel an upswing.
It's currently at 10.54%
Regardless of this, the chart is ugly and would have to break out of the downward channel.
I don't see this happening due to broader market conditions and the coming depression - we have yet to see the full weight of currency devaluation and the engineered supply chain disruptions.

Buckle up - it's going to get much worse.

If they announce bad results the stock will be $25 or lower. They currently have no good news to announce. The recent delays with interior colors has not helped. It just looks like a great design company that cannot deliver anything on time. You almost wish that a major car brand would buy the company and get control of the manufacturing process. They have the best Truck out there but all of their other issues are taking the company down.

 

[R_1_T]

If they announce bad results the stock will be $25 or lower. They currently have no good news to announce. The recent delays with interior colors has not helped. It just looks like a great design company that cannot deliver anything on time. You almost wish that a major car brand would buy the company and get control of the manufacturing process. They have the best Truck out there but all of their other issues are taking the company down.

As much as I like the R1T - declaring it to be "the best truck" is subjective. In the end, "the market" would decide this, but we don't exactly have a free market. This is especially true when the established OEMs have a supply chain advantage in one major way - priority.

From this perspective, Rivian's battle in the market is made even more difficult in the current supply chain reality. They are near the end of the line when it comes to supply for any commodity item, such as cells or integrated circuits.

Looking ahead; I think reaching 25k customer deliveries this year will prove to be very challenging given the supply chain constraints. I'll happily accept being wrong on this though.

 

[St Bernard]

As much as I like the R1T - declaring it to be "the best truck" is subjective. In the end, "the market" would decide this, but we don't exactly have a free market. This is especially true when the established OEMs have a supply chain advantage in one major way - priority.

From this perspective, Rivian's battle in the market is made even more difficult in the current supply chain reality. They are near the end of the line when it comes to supply for any commodity item, such as cells or integrated circuits.

Looking ahead; I think reaching 25k customer deliveries this year will prove to be very challenging given the supply chain constraints. I'll happily accept being wrong on this though.

I agree with you on the 25,000 number. However, you would think that they would have given the street the lowest possible number so that they could exceed that number. But so far they have not met one delivery date so who knows what the real number will be. If they announced 20,000 in the next week none of us would be surprised.

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