Rivian might look beat up but there’s actually some real momentum if you zoom out for like two seconds.
• R2 is the whole story. First real mass-market play, huge interest already, and way better unit economics than R1. If R2 lands even decently, Rivian’s numbers flip fast.
• Software revenue is creeping up almost 350% yoy. Once more Rivians hit the road this becomes high margin oxygen. Also VW plans to put sw in ice cars not just ev’s
• EV credits didn’t go Rivian’s way, but the real win is that most hobbyist EV makers are basically dead now. Less noise in the EV market helps Rivian a lot.
• RJ’s package deal finally shows adult supervision. Pay tied to performance, no stupid golden parachute, and strong alignment with long term shareholders. The Street actually likes that.
• Amazon vans still matter. Even slower volume keeps production lines alive and predictable.
• Costs coming down. They’re not lighting money on fire like before. Manufacturing efficiency is getting real.
• Brand is strong as hell. R1 owners hype the product nonstop which is basically free marketing.
I am going full regard
https://i.redd.it/8q83n2je9q4g1.jpeg
Posted by keepBuyingApes
8 Comments
You may have moved their stock price with these shares. I love the even, rounded number of shares. Not one more or one less share. 💯
Sell that garbage
Where is my fucking Apple Car Play?!?!?
I have a strategy of buying $10 worth of RIVN everytime I see a Rivian. Working out pretty well.
Been holding for the past year at 13.. It’s finally moving hence why I trimmed half my shares for a small profit.
Rivian is till losing money and with the EV credits gone and low consumer sentiment (Black Friday consumer spending should give some insight but I think consumers are cautious of the economy), it could end up being harder to move the R2 than anticipated.
Next earnings will be post EV credits.. I want them to do well but I’m also reducing risk for a potential downside.
Moms are driving these all over my area. Don’t bet against Becky. I have 600 shares at $10.40, Lfg.
Is the momentum in the room with us? It’s just gonna soar back down as quickly as it came up, just like the last 5 times.
yes, hope to see this around $45 around R2 release date !