Rivian employees why is stock dropping so much?
Nothing in the public domain explains
Crap car and crap company
Losing tons of money and EVs aren't hot anymore. Simple as that.
Fears of Israeli war escalation dumping on all high beta stocks rn. Also needs interest rate cuts for EVs to be affordable for regular people again
I donāt think it is because RIVN has bad financials. That is already factored in the price. Either something else or because the whole tech dropped (QQQ).
Buy when others are fearful
They just follow Tesla but worse
How? The R1T is miles better than the CT, and the R1S and R2S cover sectors Tesla isnāt in The R3 is arguably a cooler better alternative to the Model Y
They might not be here in a year. That's why.
Not everyone is convinced that battery powered electric cars are the future. Especially as we learn more about what it means to support battery powered vehicles at scale.
Beating dead horse here - low sales, high price point, bad reviews for R1T, poor quality
Bad reviews for R1T and poor quality? What are you smoking?? Itās going down because of a demand issue for EV in the US and their main competitor (Ford) cutting prices.
Demand issue for other EVs. For R1T no demand.