RIVN is holding up very well. I also like the company and have seen a few of their trucks lately..they are nice looking. The fact that the market got destroyed today but RIVN was up is telling .
I think NIO may be ok but it’s a Chinese company and it’s getting hard for investors to embrace it. NIO and LI . I like RIIVN better.
Yeah, that’s true. Chinese company aren’t trustworthy. Shame because PDD is also doing great. RIVN looks Okay. STEM doing fine also. EV plays …
Love Rivians truck ,like the chart and know better than to trade off fundamentsls,but that company is a hot mess... I know they need market share,but how long can you sell a car at a buck when it costs 4 to build??
It's likely that ALL the EV companies are waaaay ahead of the infrastructure to support them. When the EVs are 2-3% of the vehicles, we "get by" OK. What happens when the EVs are 30%? Infrastructure unlikely to keep up... for like another 50 years or so. Even right now there is a spending bill to provide "chargers" for EVs. What about the source of power for those chargers? Hydro? Wind? Petro? Coal? The entire transformation from "ICE cars to EVs"... at this time... is mostly BULLSHIT PROPAGANDA from "climate change" fools!! The ACTUAL transition from ICE to EVs.. will be VERY costly and slow... likely 50 years... not "RIGHT NOW".. as climate change propagandists proffer.