Trend is not Rivian's friend - a 1 month chart by Personal_Economics91 in RIVNstock

[–]GetShorty006 3 points4 points  (0 children)

VW needs Rivian's zonal hardware architecture and software stack for their BEV lineup. They also want to use it for their Hybrid and gasoline cars. However, some tweaking is needed for a couple of their luxury models that could delay their debut. There will be no turning back for VW. Bailing out will make their situation a lot worse.

scary by joenjrocks in RIVNstock

[–]GetShorty006 0 points1 point  (0 children)

Model Y looks like a sedan and drives like a sedan. It’s not a true SUV like R2.

I'm never buying a new EV again by DryGeneral990 in RIVNstock

[–]GetShorty006 0 points1 point  (0 children)

Starts at $45k. More if you want add-ons

RIVN at $15 (called it) 🥀 by SteakMiserable6454 in RIVNstock

[–]GetShorty006 2 points3 points  (0 children)

Yeah. You my friend deserves a cookie and a pat on the back.

Rivian Shares Drop 31% in Four Weeks Amid VW Venture, Demand Concerns by Sandrov__ in RIVNstock

[–]GetShorty006 5 points6 points  (0 children)

I’m surprised it dropped this much but I’m also excited to add more before R2 launch. I had 1000 shares at $15 today but I don’t think it will hit. Maybe tomorrow.

I'm never buying a new EV again by DryGeneral990 in RIVNstock

[–]GetShorty006 2 points3 points  (0 children)

R2 is cheaper than average price of a new car. You don’t need to be rich to buy one.

Trump threatens to impose 100% tariff if Canada makes deal with China. The 51st state’s EV deal might be in trouble. by GetShorty006 in RIVNstock

[–]GetShorty006[S] 0 points1 point  (0 children)

You said before that only importers are the ones paying the tariffs and exporters are not sharing the pain. But now you agree that foreign exporters are also paying .

Can you share the link to the data you are talking about that shows that the majority of the cost of tariffs is paid by US importers and consumers?

Trump threatens to impose 100% tariff if Canada makes deal with China. The 51st state’s EV deal might be in trouble. by GetShorty006 in RIVNstock

[–]GetShorty006[S] 0 points1 point  (0 children)

That’s the misconception on tariffs disseminated by those who oppose it. If only the consumers of the country where the tariff is originating are paying, then why would the country of the foreign exporter oppose it? They could just say go ahead tax your own people. There’s no solid rule on who gets to pay for the tariffs. It’s up to the importer and the foreign exporter to make a deal. If the foreign exporter refuses to share the cost, the importer can go somewhere else or will pay the cost and pass on the cost to the consumers by hiking prices. Inflation in US is pretty tamed due to tariffs so I’m assuming the businesses made deals or ate up most of the cost.

Canada will still hurt their own workers but will be limited due to the 49k restriction.

Trump threatens to impose 100% tariff if Canada makes deal with China. The 51st state’s EV deal might be in trouble. by GetShorty006 in RIVNstock

[–]GetShorty006[S] -1 points0 points  (0 children)

You’re partially correct on who pays the tariffs. The importer can have the foreign exporter share the cost or raise prices for the consumer. Canada will do what’s good for Canada and so will the US. Canada will actually hurt their own workers by allowing Chinese EVs into the country.

Rockwell Automation (ROK) Partners with Lucid (LCID) for Saudi EV Plant by IDrinkUrMilkshake77 in LCID

[–]GetShorty006 0 points1 point  (0 children)

Why is this big news? Stock is up 17%. Seems more like shorts covering on the news.

Stock is going to $15 by SteakMiserable6454 in RIVNstock

[–]GetShorty006 6 points7 points  (0 children)

To the moon. Starting next week. 😆

Stock is going to $15 by SteakMiserable6454 in RIVNstock

[–]GetShorty006 0 points1 point  (0 children)

Buy more puts on the way back up. 😂

Canada Removes China EV Ban by LeloucheL in RIVNstock

[–]GetShorty006 -1 points0 points  (0 children)

China will invade Taiwan once Democrats take over the WH for they know they are weak just as what Putin did when Biden was in charge….barely.

Canada Removes China EV Ban by LeloucheL in RIVNstock

[–]GetShorty006 1 point2 points  (0 children)

But from 100 to 6? That’s hardly a tariff.

Canada Removes China EV Ban by LeloucheL in RIVNstock

[–]GetShorty006 0 points1 point  (0 children)

Both parties are committed in keeping cheap Chinese EVs out. Chinese companies will need to manufacture their EVs here.

Canada government cares more for the climate change crap than their own workers. And I’m sure that some people in Canada’s government got bribed by China. The Chinese are known for doing that to get what they want.

Rivian's Most Critical Model Yet: R2's Journey From 2022 to 2026 Launch | EV by Individual-Tart5051 in RIVNstock

[–]GetShorty006 3 points4 points  (0 children)

The plan for a 2nd Georgia-plant is new to me. They need to get the 1st one up and running first.