RIVIAN STOCK

[rodhx]

Stellantis acquisition of Rivian has to be somewhere near worst case scenario. I'd drop my preorder and likely wouldn't buy one if it became a stellantis subsidiary.

Rivian as an Italian car company? Doesn't exactly inspire confidence. ?

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[White Shadow]

Stellantis acquisition of Rivian has to be somewhere near worst case scenario. I'd drop my preorder and likely wouldn't buy one if it became a stellantis subsidiary.

I don't think that will happen, but I think it would be fantastic if it did happen. I see it as a win-win overall. Then again, I'm a big fan of Jeep and I'd buy a Jeep version of the R1S in a hearbeat. The closest thing Jeep offers right now is the new Grand Cherokee 4xe, but it's obviously not fully electric.

 

[White Shadow]

wow, sure thought the stock would rebound a bit after the 180 they pulled. continuing to sink..

I thought the same thing, but there are so many other factors to consider. Tech stocks in general are taking a big beating. Things will turn around though...

 

[Rousie13]

I thought the same thing, but there are so many other factors to consider. Tech stocks in general are taking a big beating. Things will turn around though...

Agreed. Great time to buy more! Think of it as a sale on tech stocks. Haha.

 

[ironpig]

A purchase by most of the big auto companies would probably be the end of the product line as we know it. They'd probably take all the tech and assets, keep the work trucks going and kill off Rivian Branded consumer vehicles.

I would love to see that PORSCHE IPO this year and a purchase of Rivian next year. But that has about a 0% chance of happening.

 

[rodhx]

I would love to see that PORSCHE IPO this year and a purchase of Rivian next year. But that has about a 0% chance of happening.

Volkswagen ownership does seem better than FIAT. Hopefully they can stay the course however.

That makes me wonder though...is Rivian already the 4th largest American-owned car company in volume of sales? Behind the big three of GM, Ford & Tesla.

 

[Max]

It's funny, in the days following the IPO, as the price was going to the moon, I was called all kinds of names on Reddit for saying we'll see $60 again. I mean as much as I love this brand, the two consumer offerings today are an electric truck and an electric SUV targeted at a very narrow market. It wouldn't make sense to think they should have a larger share of the market than competitors with a wider net. But, I think as more commercial orders come through, the production line issues get resolved, and other product offerings are make, they will eventually rebound. I really don't see any justification for much higher pricing than where we are now until some or all of that happens.

People have gotten used to pricing the stock today based on the assumption of slam dunk success of the company in distant future. TSLA showed people that you don’t have to be reasonable to make money. I think price of Rivan stock is determined by proportion of people that are comparing it to Tesla to those that are comparing it to Kia, GM, ….

 

[E.S.]

Stellantis acquisition of Rivian has to be somewhere near worst case scenario. I'd drop my preorder and likely wouldn't buy one if it became a stellantis subsidiary.

And would also be highly unlikely if Amazon, followed by Ford (if Amazon doesn't), has any word in the matter.

 

[kurtlikevonnegut]

And would also be highly unlikely if Amazon, followed by Ford (if Amazon doesn't) has any word in the matter.

Yeah I think the most likely scenario for a takeover would be Amazon and Rivian would essentially become Amazon motors. They (Jeff) have enough sway on the board to prevent being absorbed by another car company.

If Amazon passed, Ford would have the next swing to roll up Rivian under their new Model E company.

 

[E.S.]

Makes me wonder - If Amazon did take over, would we get our Rivians in 2 or 3 days with a Prime account? ?

 

[ironpig]

And we hit $40!

 

[hilld]

Just bought some more below $40.

 

[JerseyGreens]

Did they suspend trading can't get any orders in through my investment account! I'll log out and try again.

 

[EVTrucking]

Tomorrow might be a better time to buy if you’re expecting a poor quarterly report.

 

[hilld]

I also put in a limit order at $36

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