Is Rivian still worth it?
Let's explore the reasons why Rivian looks too expensive for what it has to offer.
1. Rivian's tech isn't a game-changer
Rivian focused on building electric SUVs and pickup trucks. It sets itself apart by specializing in the utility-vehicle niche. Recently, Ford dropped the partnership with Rivian, which shows that Rivian are not good enough for Ford to put effort + invest in integrating both softwares and incorporate into their vehicles. Have you wondered what’s so special about Rivian now?
2. Stiff Competition
If Rivian is going for their best seller - Utility vehicle which is a niche market, can they fight Ford? Ford has been America’s best selling trucks for the past 40 years. Now, Ford gonna do their own EV for trucks. Where will Rivian stand?
Ok, if Rivian wanna go luxury way fight with Tesla…I don’t need to explain much for this… By the time they launch next year, Tesla or even Nio will take over as the pioneer EV. So, where will Rivian stand?
And I don’t think Amazon will help much. Probably will pull out or end the contract without renewing it.
3. Financial Statement
They haven’t even started producing to sell to public and already have such high expenses / loss. I wonder what wil their report look like when they start producing …..
Have fun and good luck if you are with $Rivian Automotive, Inc.(RIVN)$
免责声明:上述内容仅代表发帖人个人观点,不构成本平台的任何投资建议。
- FabianGracie·2021-11-25maybe these informations only be symptoms; the real development is still to come. Let's see if it reports a breakthrough technology.3举报
- JackPowell·2021-11-25I'm in a mess now! 🤣🤣🤣hahaha the market is not very good recently, I am going to reorganize my thinking.3举报
- AgathaHume·2021-11-25🙃🙃🙃With so much competition now, there really aren't many car companies that can stand out in the future. So we must choose carefully and take customer feedback as the guidance!2举报
- JulianAlerander·2021-11-25It depends on whether u like investing for the long term. It's worth it in the long term, but I'm not so optimistic about it in the short term. hhh 🤣🤣🤣2举报
- LesleyNewman·2021-11-25I think tesla or Nio is better. Rivian's price is still a bit too high, and they don't have the technology to support their share price.3举报
- PeterMoore·2021-11-26As we all know the key for the electric SUVs and pickup trucks is the battery.And RIVN does not have more advantages about the batteryIMO.1举报
- KYHBKO·2021-11-25$Rivian Automotive, Inc.(RIVN)$ will not have an easy path in a crowded EV space. the earnings report will help us with our decisions.1举报
- Frosty4ever·2021-11-25their range is quite poor. although it does look good.点赞举报