How can you say they are not doing any revenue growrh. What about their changes they are doing right now in their facility ? That will reduce costs significantly. Also 10000 less workers to be paid
The thing about Rivian is they do have an edge in quality over most of their competitors. But their vehicles are too expensive and not yet profitable. If they can get to market with their lower priced models while maintaining a similar level of quality I think they'll be very popular. Especially because they have the very practical and desired SUV form factor.
I believe the next 10 years will be the last “hurrah” for gas burning cars in the United States. What did we call them? Gas guzzlers, rice rockets? Now they’re rebranded as ICE vehicles. Why stop at gas stations when you can charge your car once a week in your own garage. When the complete switch comes, pure EV companies may have an advantage since they have made a name for themselves.
Because quite a few people don't have garages. New York has a 1% EV penetration rate...no garages, lots of condos. What about renters? You can't just look at your person situation and apply it to the broader population. Prediction: Rivian is done in two years.
Not "Shocking". Good financial analysis of the company but no actual conclusive prediction of anything. "Maybe it will be here in...3 years" but no projection of stock price.
One scary thing about RIVN is if the stock does drop $5, some institutional investors may have to dump their shares due to their internal $5 rule. This could push it down another couple bucks. I don't own RIVN but I sold quite a few puts and I am starting to think I may want to exit those positions.
I am waiting for their R3 to go on sale, it's a game changer!
How can you say they are not doing any revenue growrh. What about their changes they are doing right now in their facility ? That will reduce costs significantly. Also 10000 less workers to be paid
They are continuing to pay workers in April while the plant gets upgraded.
….reducing costs does not impact revenue….. revenue is simply the sales volume.
Did you include vans?
Great information. EV industry is not in turmoil right now. I will wait.
Instead of selling vehicles rivian still make money off lease and vans and partnership
Great Job Professor!
Thank you kindly!
The thing about Rivian is they do have an edge in quality over most of their competitors. But their vehicles are too expensive and not yet profitable. If they can get to market with their lower priced models while maintaining a similar level of quality I think they'll be very popular. Especially because they have the very practical and desired SUV form factor.
AAPL to buy RIVN?
😂😂
I believe the next 10 years will be the last “hurrah” for gas burning cars in the United States. What did we call them? Gas guzzlers, rice rockets? Now they’re rebranded as ICE vehicles. Why stop at gas stations when you can charge your car once a week in your own garage. When the complete switch comes, pure EV companies may have an advantage since they have made a name for themselves.
Because quite a few people don't have garages. New York has a 1% EV penetration rate...no garages, lots of condos. What about renters? You can't just look at your person situation and apply it to the broader population. Prediction: Rivian is done in two years.
Hi Park, could you please let us know your thoughts on Nio
Thanks for your continued work!
My pleasure!
Not "Shocking". Good financial analysis of the company but no actual conclusive prediction of anything. "Maybe it will be here in...3 years" but no projection of stock price.
The problem is the interest rate and auto insurance premium
One scary thing about RIVN is if the stock does drop $5, some institutional investors may have to dump their shares due to their internal $5 rule. This could push it down another couple bucks. I don't own RIVN but I sold quite a few puts and I am starting to think I may want to exit those positions.
Waiting till it drops to $5 to buy, sometime next week. .
Nothing SHOCKING in this video.
Why
first person please pin