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re: Thoughts on Rivian Automotive Stock (RIVN)?
Posted on 1/30/24 at 9:53 am to Screaming Viking
Posted on 1/30/24 at 9:53 am to Screaming Viking
They lose money on every vehicle they sell. Doesnt seem sustainable
Posted on 1/30/24 at 10:04 am to TigerTatorTots
agree with both responses, thank you.
read up and see that they are about to release two new vehicles in March. also, they have one from -171% GP to -30%GP.....i think those are accurate numbers. the improvement track is what is enticing....not the present day financials.
again, thanks for the opinions.
read up and see that they are about to release two new vehicles in March. also, they have one from -171% GP to -30%GP.....i think those are accurate numbers. the improvement track is what is enticing....not the present day financials.
again, thanks for the opinions.
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