Replying to @Tracy Chai:ok//@T

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Earthboii
2022-07-08

Replying to @Tracy Chai:ok//@Tracy Chai:Great

$Rivian Automotive, Inc.(RIVN)$ Rivian has had a rough journey since it went public last November. After reporting $95 million in revenue for the March 2022-ending quarter and a whopping net loss of $1.6 billion, the stock trades 86% below its high. Are its shares undervalued? It makes an amazing electric truck but it can’t make enough of them to fill the demand. Until Rivian can deliver more than it promises investors, its shares are not likely to soar.

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