Absolute disaster on this thing, and yet another example of why trying to jump in on IPO day is usually never a good idea for the retail investor. Countless other examples.

This post was edited on 3/11/22 at 10:14 am

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Posted by STLhog

Nashville, TN

Member since Jan 2015

17726 posts

Posted on 3/11/22 at 10:33 am to Chucktown_Badger

how long is the wait on these?

920 trucks delivered in 2021.

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Posted by MrLSU

Yellowstone, Val d'isere

Member since Jan 2004

26038 posts

Posted on 3/11/22 at 7:12 pm to Chucktown_Badger

Let me ask a question based on what Toyota discovered years ago. How many suppliers does RIVN, Ford, GM, or Hyundai rely on to make their cars because I have yet to see any of these automanufacturers ever do a study on their third party sourcing of materials which is why all of them aren't producing cars right now. I can buy a Toyota today with a functioning radio but I can't buy one from any of the other four right now because they are relying on the Ukraine and Russia for their materials.

In other words I would short the shite out of RIVN because they won't produce 400k cars over the next ten years, if ever.

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Posted by Badagrur

Sweden

Member since Apr 2022

6 posts

Posted on 4/13/22 at 5:37 pm to Chucktown_Badger

I believe that Jeff Bezos' rivalry with Elon Musk will do good to all RIVN holders. As far as I know Amazon invested tons of money into Rivian. I believe it could be a huge global battle between Tesla and Rivian in several years. I put my money on Tesla :) actually not mine but of https://carplus.co.uk/bad-credit-car-finance/

This post was edited on 4/22/22 at 5:45 pm

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