Neexio
01-03

$Rivian Automotive, Inc.(RIVN)$ Hey guys. I am not a long time holder of Rivian, 2 months, but I have grown very interested in this company for multitude of reasons. First, yes they are considered a start-up but clearly making a tremendous impact in the market. YOY builds nearly doubled in throughput. Here are my other reasons: I work in a very wealthy neighbourhood and see 3 Rivians daily, they always catch your eye. I live in a nicer, higher end neighborhood, just seen 2 Rivian Amazon vans and regularily see them. Rivian partnered with At&T. Georgia has offered reasonable financing for $5B of a mega plant. Path to productivity and profitability doesn't happen overnight as many continuous improvement efforts are necessary to eliminate waste. I am long and holding 1000 shares until retirement!! GLTA

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