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re: What price are you jumping on RIVN?

Posted on 4/13/22 at 5:37 pm to
Posted by Badagrur
Sweden
Member since Apr 2022
6 posts
Posted on 4/13/22 at 5:37 pm to
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
Posted by Kreg Jennings
Parts Unknown
Member since Aug 2007
3340 posts
Posted on 4/17/22 at 9:20 pm to
quote:

As far as I know Amazon invested tons of money into Rivian.


Yes, but they have also begun to hedge their bets and use other EV manufacturers.

Stellantis

quote:

Amazon (AMZN) - Get Amazon.com, Inc. Report is planning to buy more electric vehicles for its last mile delivery service but not from its original EV purchase partner Rivian (RIVN) - Get Rivian Automotive, Inc. Class A Report.

The Seattle-based tech giant on Wednesday said that it had reached an agreement with global automobile manufacturer Stellantis.


This post was edited on 4/17/22 at 9:21 pm
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