dimpy
2023-03-14

$Rivian Automotive, Inc.(RIVN)$

RIVN will soon have orders from other companies once they renegotiate the exclusivity clause. Why kick the bear if they didn’t have interest for more orders. I believe this came about because of Amazon announcing the are staying status quo on order ,which is ok. RIVN is aware of their own capabilities and easily delivering EV’s in near future is attainable. Once a new client is announced this will jump up parabolically. Moreover, The largest auto maker Volkswagen today announced they’re building battery plant in Ontario. Foreign investment starting and North America is their choice. Great for EV makers. Announcements like this will soon pay dividends for RIVN’s supply chain.

Most failures and losses on investment usually happens when you invest without proper knowledge of the market

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Comments

  • JC888
    2023-03-14
    JC888
    Thot the latest news from Reuters is that AMZN wanna terminate their orders with RIVN?? Just this morning read... Hmmm
    • JC888ReplyGoodLife99
      Its from Wall Street Journal - should be reliable . 

      https://www.wsj.com/articles/amazon-rivian-in-talks-to-end-exclusivity-part-of-delivery-van-pact-5cea809d


    • JC888ReplyGoodLife99
      Think it's happening otherwise why waste time to discuss exit plan.
      Also last year I think AMZN has written off RIVN investment as bad debt...
      Do Google
    • GoodLife99
      in talk, hope not really happening! [LOL]
    • GoodLife99ReplyJC888
      got it, thanks for sharing!
    • GoodLife99
      https://www.cnbc.com/2023/03/13/rivian-amazon-exclusive-agreement-ev-delivery-trucks.html?__source=google%7Ceditorspicks%7C&par=google
  • ed62
    2023-03-14
    ed62
    rocket 🚀 time please 🥺
  • andrewtm22
    2023-03-14
    andrewtm22
    ok
  • nightfury
    2023-03-14
    nightfury
    [Cool][Cool]
  • boonluan
    2023-03-14
    boonluan
    OK
  • YueShan
    2023-03-14
    YueShan
    ok
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