Rivian stock down 98% since inception, $8 billion dollar market cap with extremely high costs, still losing $40k per vehicle. Is rivian oversold, or are they gonna go under?
I know they’ve been laying off also
I think it's a good time to buy ..their product is great!!
I agree
The cars or the stock?
Might end up bankrupt …
Waiting for it to hit 1$
Time will tell. They would definitely raise more funds. They would have to. I really hope they survive. They have a potent product. An only good looking EV truck I may say. (Wink wink)
The F150 Lightning is realistically more important for fleets and such, but as long as it isn't a cyberPunkedYourself
Wait for Scout
The company product is great. I hope it will survive!
I’m bullish on them, they make the least nerdiest EVs on the market
Polestar would like a word xD
Cough... Scout... Cough
Amazon is the only reason they haven't
Amazon is gonna scoop them up instead of going BK. All shareholders will go to 0.
Scoop them up and lose more money? They'd gladly get rid of them
Probably going to go under. I’m not even sure it makes sense for anyone to buy them.
Amazon owns 20% of them We're highly invested in the technology and integration for their vans
That’s what my Rivian recruiter tried to tell me back when RIVN was $80/share.
What's a good price to buy
0