Discover and read the best of Twitter Threads about #RIVIAN

Most recents (4)

1/ Over the weekend I posted an article titled "Things Are Happening (Ep. 3) - A Slow Motion Car Crash & The Ministry of Truth (April 30, 2022)" in which I covered, among other things, the marketing company...I mean... "Electric Car Company": RIVIAN 🧵
theexpertsarelying.substack.com/p/things-are-h…
2/ Rivian went public on Nov. 10, 2021 at an initial offering price of $78.

At close of trading on Fri, Nov 12, 2021 (3rd trading day), Rivian’s stock price was nearly $130; reflecting a market value of more than $127 BILLION

On Mon, Nov. 15th, shares closed trading at $149
3/ On Tues., Nov. 16th, shares topped out at $172.

On Weds., Nov. 17th, shares fell to $146… and they haven’t stopped falling since.

At the close of trading on Friday, April 29, 2022, Rivian shares were $30.24
Read 17 tweets
💥WHY I HAVE OVER $1 MILLION IN $TSLA STOCK💥

Tesla's price may seem out of whack today. The P/E Ratio is insane, right?

But Amazon had similar P/E ratios back in 2014 and 3X higher in 2012. Look at where $AMZN is today.

(1/25)
$TSLA is my #1 stock because I am looking 5+ years out from today and basing my investment on that. Many people aren't doing that. Many people are looking at current or trailing earnings and comparing them to other vehicle makers.

(2/25)
And yes, I do fully expect there to be some major price pullback -- maybe even a short 30 to 50% drop in $TSLA price at some point, but over the long run, I think it goes way up.

(3/25)
Read 26 tweets
UAW preparations towards the EV disruption

Interesting interview. They realize LOTS of jobs will be lost, and are taking steps.

A few gems here
1/
2/
Previously UAW tried to stall EV penetration (see GM labor deal), now they realize battle is lost and are dealing with it.

Last year they made a plan... some steps are logical, some delusional.

FD: I am not against organized work. It can be important when done right.
3/
The baseline for their plan is that 30% of jobs will be lost.

What's interesting is number is taken from OEM's assessments - so AMERICAN OEMs STILL DON'T GET IT!
Read 21 tweets
#1/2

ElonMusk diz que #Tesla #pickup truck terá preço inicial de menos de $50K.
Terá todas as funções de uma #caminhonete normal como a popular #Ford F-150 (preço médio de ~$47K), e performance comparável à de um #Porsche 911 (~$110K).

#RideTheLightning
2/2

#ElonMusk disse também que a foto teaser liberada à alguns meses mostra a parte da frente da caminhonete, e que a mesma tem um design futurístico e não se parece nada com uma caminhote convencional.

#RideTheLightning Image
Mais uma coisa: a pick-up #R1T da #Rivian terá preço inicial de $69K. Muitíssimo acima da picape da #Tesla.

A Rivian tem evitado comparação com a Tesla desde o início, dizendo que seus veículos são para aventureiros.
Read 3 tweets

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