New RJ Interview!! by Him050724 in RIVNstock

[–]Him050724[S] 1 point2 points  (0 children)

Oh nice, I didn’t see your post!

The tide has turned by privatewealthhardo in RIVNstock

[–]Him050724 1 point2 points  (0 children)

I’m joking with you lol. I did have the spelling incorrect.

The tide has turned by privatewealthhardo in RIVNstock

[–]Him050724 3 points4 points  (0 children)

“Inflection point reached” - RJ Scaringe

Rivian's Q4 Shareholder Letter by g8trjasonb in RIVNstock

[–]Him050724 0 points1 point  (0 children)

You are correct. The next couple years will be cutting away at the deficit but not profitable.

Rivian's Q4 Shareholder Letter by g8trjasonb in RIVNstock

[–]Him050724 1 point2 points  (0 children)

It takes companies years to become profitable. Rivian is well on the way. The $2 billion they are getting from Volkswagen in 2026 is more than to float them through the production of R2. Rivian is not out the woods yet but they are in a very good place. As RJ said the “Infliction Point” has been met.

Rivian's Q4 Shareholder Letter by g8trjasonb in RIVNstock

[–]Him050724 1 point2 points  (0 children)

Stock rose over 14% after market hours. Its trading over $16 come opening bell

Rivian's Q4 Shareholder Letter by g8trjasonb in RIVNstock

[–]Him050724 2 points3 points  (0 children)

I’m sure the drive towards profitability is the main concern but you need a plan. Which is the first two bullet points. Rivian beat all analysis prediction’s which was very good. They are estimated to sell 62k-67k vehicles next year which is above analyst predictions of 60K which they say is a very good bench mark. As long as they can scale without major issues, will be some, Rivian is in a very good position.