blinky
2023-08-21

A lot of the people here follow Rivian; some are bullish and some bearish, some pessimistic and some optimistic, some realistic and some speculative; you get my point! I have a question, and Im interested in your honest opinion. Rivian reported that the company has $10B in cash. The question is: given that the Georgia plant will need about $5B, do you see Rivian diluting the stock next year? I know the company has said that they have sufficient cash through 2025, and I also know that the $5B for the new plant will be spent over several years, but I do see Rivian doing something about additional cash next year (maybe by Q2). I am not sure how that will affect the stock price relative to what it is worth now, but price will most definitively come down if that happens. I own a lot shares of Rivian at an average price of $19.5, but I am debating on whether or not to sell in the short term if it comes back up; and hopefully buy back at a lower price later. Thoughts? $Rivian Automotive, Inc.(RIVN)$

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment