EV Makers With No Revenue Continue to Surge
Rivian Now World’s No. 3 Carmaker By Value As Post-IPO Stock Surge Rolls On
$Rivian Automotive, Inc.(RIVN)$, the best-funded electric vehicle startup in U.S. history, continued to gain stock market momentum days after its Nasdaq debut–so much so that the California company currently ranks as the world’s third most valuable automaker, topped only by Tesla and Toyota.
Shares of Rivian jumped about 15% to close at $149.36 on Monday. That pushed its market capitalization to $146.3 billion. The shares are up 38% since trading began on Nov. 10. The Amazon-backed startup, which only began building its battery-powered R1T pickup truck last month, won’t deliver many vehicles this year.
The electric-vehicle start-up Lucid reported its first earnings
$Lucid Group Inc(LCID)$ stock was up about 2% in after-hours trading, building on a gain of 2.2% during the regular session.
Lucid reported sales of about $232,000 and a loss of 43 cents a share, but the sale weren’t from vehicles delivered to customers. Shipments started after the quarter ended. The money came in from the use of Lucid’s battery-pack technology in the Formula E racing series.
Lucid said Monday that reservations for its debut EV have surpassed 17,000 after hitting 13,000 in the quarter ended Sept. 30. That represents an order book of more than $1.3 billion. While Lucid said it is “confident” of hitting its production goal for next year, the automaker acknowledged risks from ongoing disruptions to global supply chains, which it is taking steps to mitigate.
If there is a free stock for you, would you choose Lucid or Rivian? WHY?
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- koolgal·2021-11-18Rivian has the edge over Lucid with virtually unlimited funding from Daddy Bezos's Amazon. Rivian just need to fill Amazon's orders & emerge the winner! Lucid has to work that much harder!Go Rivian!4举报
- anniepj·2021-11-18I will choose Rivian because lucid has more competition in his field3举报
- Pandaaa·2021-11-17Next year shall reveal the truth4举报
- Eldenminaj·2021-11-17ill go for lucid motor. lucid motor technology advncament is better than rivian3举报
- llynnnie·2021-11-16these two ev makers have no revenue and going for luxury positioning. I am not sure truck drivers would like ev truck. Also, I believes there are more people buy lucid stocks intesad of the car[Cool]1举报
- koolgal·2021-11-17Rivian is the Love Child of Bezoz's Amazon & its success is assured simply because Daddy Bezos has deep pockets. All Rivian needs to do is to fill the Amazon order books & it's mission accomplished!点赞举报
- mark01bravz·2021-11-17would go for Rivian in the case of free stocks. they don't compete with Tesla directly.2举报
- koolgal·2021-11-17Rivian is the King of IPO & the most sizzling hot EV stock since Tesla. It is going up like a turbo charged rocket backed by Daddy Bezos' Amazon. I choose Rivian over Lucid as its success is assured!点赞举报
- CynthiaVogt·2021-11-16HAHAHH the title is soooooo good!1举报
- Avik·2021-11-22This is awesome点赞举报
- ShaunOWP·2021-11-17Bubble butt bubble bubble butt.点赞举报
- jeng77·2021-11-17Rivian for immediate gain点赞举报
- 小小刀据大树·2021-11-17$Rivian Automotive, Inc.(RIVN)$ 👍🏻👍🏻👍🏻1举报
- JordanLFY·2021-11-21!点赞举报
- 南京秣陵·2021-11-21Buy APLE点赞举报
- LTJonahHeg·2021-11-19Lol2举报
- kcwang4982·2021-11-17Okngo点赞举报
- K2vin·2021-11-17[Strong]2举报
- 447cae87·2021-11-17好2举报