Buy Rivian. Sell Lucid
Rivian is the only remaining US EV startup that still has some good chance of surviving. Might take some time for their stocks to recover, but it is a matter of time. No other EV startups in the US will survive. #rivian TC: 250k
Rivian is burning money
Yeap, but it is not getting worse
Hope, is not an investment strategy
Not just hope. I love their products, and I know a lot of good engineers working there
I'm going to preserve my money and not go anywhere near either of them.
Sure, that’s fine too
Things are going to get worse over the next 2 quarters before they start to get better. Stock will probably drop under $10 after our earnings report during the factory shutdown, then recover if we manage to get gross margin positive. I’d hold off on buying personally
Cool, I am buying even more if it drops
Factory shut down is priced in now. This was all disclosed in the last earnings hence the huge drop. I don't think the stock will react unless something unexpected happens. You guys do need to hit that gross profitability target by end of year though or it won't be good.
Buy both if you know the EV industry well!
I think neither is truly an innovator. Tesla stock soured because they led the industry forward and tackle the tech first. EV startup success with cutting edge UI/UX Zonal architecture Now owning the charging path forward First 48V battery adoption Overall Rivian may or may not survive the next few years. If they do they likely may average out to align with others in the automotive sector and not in the tech sector. Lucid may catch up to the automotive industry with their move to engineering capital for auto engineers. This likely is your bigger payout. They are welllll funded so less risk of collapsing completely Just my take
Avoid them both