Why Rivian Stock Tanked Tuesday

Motley Fool2022-04-06

What happenedShares of EV start-up Rivian Automotive took a hit immediately after the company released its fourth-quarter and full-year 2021 financial update on March 10. Investors particularly didn't...

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Comments

  • BlitzBison
    2022-04-06
    BlitzBison
    Watching
  • JC888
    2022-04-06
    JC888
    Is it any wonder that Rivian is reporting as such.  It took Tesla 13 years to get production "right" and still suffer bout of quality issues regularly - what does that say about Rivian, Lucid, Fisker, Ford, GM ?  They still need the ingestion/stablilisation period and work out the kinks.  Thanks to all freedom writers painting such a glowing picture of these EV makers they have successfully pushed the stock price to an unsustainable level.  Now they are about to crash.  Will they recover ?  Only time will tell.  Any investors with common sense would have bet on the Chinese EV makers because their monthly, quarterly and yearly car volumes are on the rise.  Its a new world out there; ICE car makers will have to catch up to remain relevant.  Don't
  • TripleWin
    2022-04-06
    TripleWin
    [Like] 
  • BalancingAct
    2022-04-06
    BalancingAct
    All the hype about EV...be careful as push up n those encouraging to buy are out to offload
  • lewisleeks
    2022-04-06
    lewisleeks
    Learned now [Smile] [Smile] 
  • ThinkOrSwim
    2022-04-06
    ThinkOrSwim
    It'll bleed further. One hot potatos it is about to be dropped.
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