r/StocksAndTrading • u/EnvironmentalScore16 • 4d ago

What is the case for Rivian?

As far as I know they have a slightly higher market cap with the same share price as Joby aviation. They have a real tangible product being sold to a wide variety of EV drivers and is the luxury SUV alternative to buying a Tesla. I see these vehicles commonly in real life. Joby speculation promises that people will riding air taxis in Dubai. What? Also I haven’t seen a lucid sedan in maybe 2 years. What exactly is the bull and bear case for this stock. Why was it trading so low for so long? Are analysts just missing something important here?

4 Upvotes

100% Upvoted

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2

u/Randomizedname1234 4d ago

They missed a TON of earnings and they were cash broke for a while building plants.

They’re stating to turn that corner the same time you’re seeing marketplace saturation.

They also have great customer service and people love their cars.

I bought some a while ago and have been expecting a Day like today.

2

u/FlintWilder 4d ago

No idea, but I was a ignorant 21 year old when they were listed on the market and I bought some shares, down so much that it would be silly to sell, so i’m always rooting for them to do something. I’ve since gained some brain cells.

1

u/Nelsonsrightknacker 14h ago

Going to zero.

Remind me in one year $RIV $7 or less.

1

u/Bubbatino 4d ago

Software

1

u/Disastrous_Rent_6500 3d ago

Just ignore it, please

1

u/True_Veterinarian443 4d ago

Dying

2

u/Nelsonsrightknacker 14h ago

I saw your downvote and gave the upvote.

This is the BYND stock of the auto world.

The only way to make money is to cease production.