Ford Motor is selling 8 million of its Rivian Automotive shares, with the insider lockup for the stock of the once high-flying electric vehicle maker is set to expire on Sunday, sources told CNBC’s David Faber. The automaker currently owns …
by Historical_Job_8609 “As of October 31, 2021, we had approximately 55,400 R1T and R1S preorders in the United States and Canada from customers who each paid a cancellable and fully refundable deposit of $1,000. Based on our current production forecast, we …
Rivian bubble has just been poppedhttps://t.co/pJFByqcNsa pic.twitter.com/JZSckhESOS — Russian Market (@runews) November 17, 2021 Volkswagen • Deliveries: 10 million vehicles/year• Revenue: $300 billion/year• Market cap: $136 billion Rivian • Deliveries: 156 vehicles total• Revenue: $0 • Market cap: $152 billion …
by OtherwiseSail3 Rvian has obtained legendary status among the Pets.com of the world with its ability to command a market cap of 130B+ on virtually 0 sales. Even banking Rivian will be able to deliver on all of its pre-orders (which …
by P13r15 I know everyone is hoping it’s the next tesla and is FOMOing on every EV, but a company that barely made ANY deliveries , having the 3rd highest market cap in the car industry (140B+) , is plain …
https://www.bloomberg.com/news/articles/2021-11-12/rivian-is-now-biggest-u-s-company-with-no-sales-amid-ev-fever So let’s look at the facts: CEO has no track record of success. Company has no sales. So far the company has managed to ramp production to only one truck a day. The company is “targeting” a total of …
