Rivian Rivian - started production

[Cashmere]

M4 -

holy sh!t how did the M4 botch the moose test so bad?! Must be a lemon

 

[Ozy]

I couldn’t agree less. Rivians rollout has been brilliant. Their product is receiving rave reviews. Their management is excellent. The IPO number is reasonable given their order backlog, major investors, etc. This is the first company I’ve seen come out that can reasonably challenge Tesla for EV supremacy.

Well, order backlog… have they delivered anything yet? Not really. Let’s count all the tesla orders for the Roadster 2, Cybertruck, and Semi, and there you go with already a much higher number. Or you can count all the orders for the existing models….

Also it’s a pick up truck, basing your whole company on pickups puts you in a competition with the F150 and co. It’s not a mass market car like the model 3 or the Y, and it’s ugly, if they have any plans for other models I really hope they abandon this design on those. There are great companies that already make a difference in some industry and have a market cap nowhere near 70$B, and then you call this estimation reasonable? And it will take Tesla’s supremacy? Lol

 

[CrunchSlaughtered]

Well, order backlog… have they delivered anything yet? Not really. Let’s count all the tesla orders for the Roadster 2, Cybertruck, and Semi, and there you go with already a much higher number. Or you can count all the orders for the existing models….

Also it’s a pick up truck, basing your whole company on pickups puts you in a competition with the F150 and co. It’s not a mass market car like the model 3 or the Y, and it’s ugly, if they have any plans for other models I really hope they abandon this design on those. There are great companies that already make a difference in some industry and have a market cap nowhere near 70$B, and then you call this estimation reasonable? And it will take Tesla’s supremacy? Lol

This market capitalization is not on the expense of Tesla but on the German manufacturers, despite the fact that they are not dirrect competitors yet. VAG, Daimler and BMW all announced record earnings but for all of them the value of their market cap has decreased with 15% for the last 3 months. It's an issue never seen before, the market cap to be only 6 times the annual profit of a company.

 

[Ozy]

This market capitalization is not on the expense of Tesla but on the German manufacturers, despite the fact that they are not dirrect competitors yet. VAG, Daimler and BMW all announced record earnings but for all of them the value of their market cap has decreased with 15% for the last 3 months. It's an issue never seen before, the market cap to be only 6 times the annual profit of a company.

Regarding this I totally agree as I mentioned that earlier in other discussions as well. Just because Tesla rocketed it doesn’t mean it is justified. Tesla seems to invest in the most things beside cars which in the near future might justify its market cap, even though it’s too high currently, but Rivian is a joke, a good ice cream stand can have a good management and stuff and create more value than the conceptual cars or Rivian, and it’s worth a buck. No matter the electrification efforts of the Germans their marketcap is way behind, even though they have a built out worldwide infrastructure for their services and sales, etc etc, and yet their value sucks…

 

[CrunchSlaughtered]

Regarding this I totally agree as I mentioned that earlier in other discussions as well. Just because Tesla rocketed it doesn’t mean it is justified. Tesla seems to invest in the most things beside cars which in the near future might justify its market cap, even though it’s too high currently, but Rivian is a joke, a good ice cream stand can have a good management and stuff and create more value than the conceptual cars or Rivian, and it’s worth a buck. No matter the electrification efforts of the Germans their marketcap is way behind, even though they have a built out worldwide infrastructure for their services and sales, etc etc, and yet their value sucks…

Their value sucks, because there is no trust in their future development. According to the stock markets they are doomed.

 

[KiwiRob]

Well, order backlog… have they delivered anything yet? Not really. Let’s count all the tesla orders for the Roadster 2, Cybertruck, and Semi, and there you go with already a much higher number. Or you can count all the orders for the existing models….

Also it’s a pick up truck, basing your whole company on pickups puts you in a competition with the F150 and co. It’s not a mass market car like the model 3 or the Y, and it’s ugly, if they have any plans for other models I really hope they abandon this design on those. There are great companies that already make a difference in some industry and have a market cap nowhere near 70$B, and then you call this estimation reasonable? And it will take Tesla’s supremacy? Lol

Not mass market? The best selling vehicle in the US is a pickup truck and has been for over a decade. It's no more or less ugly than any other pickup. They also have an SUV.

 

[Jo_Sta7]

When Rivian IPOs, buy it, hold it, enjoy the appreciation. Let Ozy cry about it being overvalued as your investment account balance increases.

 

[klier]

When Rivian IPOs, buy it, hold it, enjoy the appreciation. Let Ozy cry about it being overvalued as your investment account balance increases.

But this is not a financial forum.

Congrats to you though, for doing well.

 

[Ozy]

When Rivian IPOs, buy it, hold it, enjoy the appreciation. Let Ozy cry about it being overvalued as your investment account balance increases.

Are you playing car salesmen for a company without a car? Lol, good career choice

 

[Jo_Sta7]

You’re amusing.

 

[kiki voinea]

Although Tesla's engineering is second to none

What?!

 

[Sunny]

without producing a fricken car,

Are you playing car salesmen for a company without a car?

If you actually read the link in the OP, they started production - https://insideevs.com/news/533085/first-rivian-r1t-assembly-line/

"After months of building pre-production vehicles, this morning our first customer vehicle drove off our production line in Normal! Our team's collective efforts have made this moment possible. Can't wait to get these into the hands of our customers!"

Plus they have a huge deal with Amazon to sell delivery trucks, which are already on the road - https://www.aboutamazon.com/news/tr...elivery-vehicles-are-starting-to-hit-the-road.

Also it’s a pick up truck, basing your whole company on pickups puts you in a competition with the F150 and co. It’s not a mass market car like the model 3 or the Y

Pick up trucks dominate US market - https://www.cnbc.com/2021/01/08/pic...mericas-10-best-selling-vehicles-of-2020.html.


IMO, it was a smart move to avoid head on with Tesla on day one and get a foothold in an adjacent market.

 

[Deleted member 1071]

I'm crossing my fingers that Rivian will be successful. Why ? I just think that their product is f***in' cool. And I normally don't pay any notice to pickup trucks-as they are not really "cars".

Hey, even the highly questionable Nikola appears to be climbing out of the gutter. Lorry production to commence at the Iveco (once Magirus Deutz) plant in Ulm, Germany by years' end.

 

[Centurion]

When Rivian IPOs, buy it, hold it, enjoy the appreciation. Let Ozy cry about it being overvalued as your investment account balance increases.

Rivian will do well if they succeed at becoming the number one BEV pickup manufacturer in the USA.

The size of prize for that is HUGE and they could quickly build momentum with a first mover advantage.

 

[Deleted member 1071]

But this is not a financial forum.

Yeah, we'll leave that "investment advice" to algorithms and "robo-advisors". No emotions, hunches or "hot tips" there.

 

[klier]

What?!

Second to none in making loose fit crappy quality products, absolutely.

Rivian will do well if they succeed at becoming the number one BEV pickup manufacturer in the USA.

The size of prize for that is HUGE and they could quickly build momentum with a first mover advantage.

No kidding they would do well then.
I have similar goals, and about equally as much chance in succeeding.

Their value sucks, because there is no trust in their future development. According to the stock markets they are doomed.

These upstarts are just crazy over the top priced. If you actually think a company like Tesla is worth what it's market cap suggests, you're far gone in Lala land.

 

[CrunchSlaughtered]

These upstarts are just crazy over the top priced. If you actually think a company like Tesla is worth what it's market cap suggests, you're far gone in Lala land.

I would be more concerned about the Germans. Market cap of only 70 bln with an annual profit of 12 bln is nothing less than epitaph.

 

[Deleted member 1071]

I would be more concerned about the Germans.

The by far largest threat to the German automotive industry would be a "Rot/Grün/Rot" coalition government. A death knell regarding further investment in German-based facilities and, quite possibly, a trigger for a large-scale corporate exodus to other, less "automotive hostile" locations. Poland, the Czech Republic, Slovakia, Hungary and Austria beckon. Perhaps the U.K. as well.

 

[BorkLaser]

The size of prize for that is HUGE and they could quickly build momentum with a first mover advantage.

The Rivian looks more like an GMC Hummer EV or Jeep Gladiator opponent than an Ford F-150 Lighting opponent. It is more aimed customers, who seek an lifestyle/recreational/performance vehicle than a work truck that also offers some premium trim levels.

But still impressive that they were faster than some legacy EV makers.

 

[Centurion]

It is more aimed customers, who seek an lifestyle/recreational/performance vehicle than a work truck that also offers some premium trim levels.

Isn't the F150s ability to straddle both uses cases, the reason why it's one of the most sold vehicles in the US?