Rivian Automotive Inc (RIVN) Options

RIVN, 10Q 11/7

Great Post Have some vertical calls for end of 2025 on RIVN

$RIVN

https://x.com/READY_2_PROFIT/status/1844183206582714416

Do you have any numbers? You're pulling this out of your ass. I have no idea if EV is more dangerous than internal combustion or any other vehicle. There is no way of moving around that doesn't have risk. Base your argument on facts, not bias.

Refineries are generally located away from populated area based on their inherent danger. EV battery have destroyed how many ships and how many building structures ?

Not a real statistic to stick in the Russian refinery fire due to a WAR.

Please if you feel so secure with the EV battery, park it directly under your bedroom, the bedrooms of your children, and the bedrooms of your closest most beloved family members.

Then charge it.

Let’s us know how that works for you

https://www.bing.com/search?q=oil+refinery+fire&form=ANNH01&refig=80359adc6b8240c1a7a485165e39fe04&pc=U531

This is our now.

Good thing you held on to that buggy whip.

Usually start when water hits them. Really no news on how fire started but they need some sort of barrier around battery. Tesla has had several story's of flooding around car and car caught on fire.

Just another lithium ion battery in thermal runaway. One day sooner than later, this is going to happen in the bottom of a high rise building in the U.S. and it’s going to take down a building in a 9/11 style which will be so sad, so predictable, so preventable. These rolling chemical ticking time bombs need to be parked by themselves, away from any structure, including residential garages and public multilevel garages

The tree huggers never talk about the horrific toxic off gassing that comes from these fires.

This is our future…

Fire at the plant…..

Building a nice base in this range and then higher.

End of the year 20:00's

$RIVN

Oh...the irony..

Rivian CEO RJ Scaringe says too many carmakers are copying Tesla

Wow, we're being cleaned out today!!!!!

great job! congrats

I presently have 4000 shares and will buy/sell another 1000 weekly. Last week sold 1000 at 17.60, just bought back 1000 at 16.60 about 10 minutes ago. Will sell that 1000 this week at 17.70 or higher.

buy them at what price? what do you think...

Had a big move nice little reset and then new 52 week highs.
Love to see Amazon or WV group buy them sooner than later.
$RIVN

Doubt in the black yet but anything close will show they can make a profit by end of this year.

Time will tell.

upcoming earnings call will tell....hoping for some good results and start of something really big!

Same here. I just wish Riv would get serious about cutting cost.

Really thought would hit $20 couple weeks back on VW news. Have to wait till next week.

Rivian still undervalued. They say it's the anti Tesla Stock. I'm long both and think they are both great companies!

$RIVN

Boom $$$$$

Always early to bleeding cutting edge technology companies.

$RIVN

Yes agree, loaded here to 10.50’s-13’s, gonna sit on them and hopefully an easy double up$$$$$$$$$$

VW or Amazon if they want to have a pissing contest probably between $30.00-$40.00 sometime before the end of 2025 Glad I loaded heavy under $10.00 with an emphasis on vertical call spreads a year out.
$RIVN

Im thinking they may be bought out by VW sometime in the future, listening closely to see what that price may be. VW is at 12 right now.

RIVN will be profitable sooner than later and believe will be bought out by Amazon or VW group. Selling their software to other car companies adds a lot of value. Under the radar gem that kills cancer with cryoblast is ICCM
$RIVN

with a 4 billion injection from VW, Rivian may be one of the few electric vehicles to be successful but its going to take a few years.....

And It's an impressive looking vehicle

core holding think of it as the EV segment of Amazon they own chunk of RIVN

$RIVN

Why they being sued?

Rivian Releases Q2 Production Figures and Sets Date for Second Quarter 2024 Results
July 02, 2024 08:32 AM Eastern Daylight Time

https://www.businesswire.com/news/home/20240702827857/en/

IRVINE, Calif.--(BUSINESS WIRE)--Rivian Automotive, Inc. (NASDAQ: RIVN) today announced production and delivery totals for the quarter ending June 30, 2024. The company produced 9,612 vehicles at its manufacturing facility in Normal, Illinois and delivered 13,790 vehicles during the same period.

Production and delivery results during the second quarter of 2024 were in line with Rivian’s expectations. For the full year 2024, management is reaffirming guidance for annual production of 57,000 total vehicles.

The company also announced that on August 6th, after market close, it will release its second quarter 2024 financial results.

Rivian will host an audio webcast at 5:00 p.m. ET the same day to discuss the performance and outlook for the business. The live webcast will be available at https://edge.media-server.com/mmc/p/xrd6jtg8 and a replay will be available for four weeks at www.rivian.com/investors following the webcast.

i will look into their design, solid lithium polymer batts in the past have had memory issues that even software didnt seem to fix. It looks like these guys must have bought some or all patents and technologies from Berg. LP was the future back then, but it was before its time. Battery is everything, motors have been almost 100% efficient with electronic timing of the field peaks for years.

Rivian / Volkswagen's $5 Billion Joint Venture speaks volumes on future expectations for this sector. Good point regarding vanadium..."Batteries need to improve, I don’t know what happened to vanadium"I think Saean Group may have the solutions:

https://www.otcmarkets.com/stock/SEAN/news/Saean-Group-Incs-Hybrid-Battery-research-team-is-in-operation?id=423787

"Hybrid all-solid-state battery" is a new concept battery that combines the advantages of existing lithium polymer batteries and super capacitors and is a new concept battery that is free from low temperatures, high temperatures, shocks, and explosions.

Although the price of lithium has decreased a lot recently, the price of vanadium per kilogram is remarkably low, so it can reduce mass-produce costs.

In particular, Saean is developing ways to increase the energy density (Wh/kg) by more than 250 by using vanadium and a very small amount of lithium." Almost impossible to get their shares now as they have 99.999% of their shares locked up (restricted)....saving for NASDAQ?

RIVN$

E vehicles are the way to go, regardless of global warming. U get break horsepower at 0 RPMs. Most efficient engine out there with lots of torque. I would luv to see a small hybrid diesel, maybe 25hp, that runs at idle speeds, barely sipping fuel, and charging batts as u go. Using plug in at the end of the trip or maybe once. Batteries need to improve, I don’t know what happened to vanadium, but that would give a 2 type battery vehicle energy and power options as needed. Been watching it for decades. I know exactly what it needs, and know the technology as well as anyone. Batt tech is almost there.

50% of electric car owners want to dump them. This is all part of the climate warming hoax.

IN
Next 2 weeks $20+

Rivian investors to seek details on path to profits at investor day
https://finance.yahoo.com/news/rivian-investors-seek-details-path-102804260.html
Akash Sriram
Updated Thu, Jun 27, 2024, 7:11 AM MDT2 min read

By Akash Sriram

(Reuters) -Rivian shareholders will seek details on the company's upcoming models and progress in cutting costs at an investor day event on Thursday, two days after the US electric vehicle maker announced a $5 billion investment from Volkswagen.

The JV, which will give VW access to Rivian's electrical architecture and software, is a "vote of confidence" in the American automaker's prospects as it looks to produce and sell less expensive R2 and R3 crossovers to compete with Tesla's bestselling Model Y SUV.

Amazon.com-backed Rivian still lost about $39,000 per vehicle sold in the first quarter, but analysts expect the company to post its first quarterly gross profit in the fourth quarter.

Rivian halted production for three weeks in April to implement cost-saving measures. Reuters reported last week the company has retooled its manufacturing process, resulting in a 35% reduction in the cost of materials for vans and savings of "similar magnitude" for its other lines.

"Rivian will be sharing more about the R2 and R3 models, as well as details on the deal with Volkswagen," said Michael Shlisky, analyst at D.A. Davidson. "I am sure financial details will be discussed, but they may wait until next week to share Q2 sales figures and guidance updates."

Demand for electric vehicles has faltered amid high borrowing costs, and as buyers turn to cheaper gasoline-electric hybrid vehicles.

Rivian expects to produce between 9,100 and 9,300 units in the second quarter and hand over between 13,000 and 13,300 vehicles to customers in the April-June period, it said in a presentation for the investor day.

Wall Street had expected quarterly deliveries of 10,282 units and production of 9,369 vehicles, when the company reports quarterly figures on July 2, according to analysts polled by Visible Alpha.

Shares dropped about 2% in premarket trading on Thursday.

Even Tesla is struggling and is expected to report its first drop in annual sales this year. It has slashed prices and is offering incentives to sell more vehicles.

Among EV startups, Rivian is best placed to survive weak demand, thanks to the investment from VW. Some of its peers such as Fisker have filed for bankruptcy.

Rivian had nearly $6 billion of cash and cash equivalents at the end of the March quarter.

To save cash, Rivian plans to make the new models at its existing Illinois facility and paused investments in a previously announced plant in Georgia.

Rivian's stock has lost more than a third of its value this year, even after its best-ever one-day gain of 23% on Wednesday, partly due to the company sticking to its production forecast of 57,000 for the year - roughly the same as 2023.

When institutional buying begins watch out above $$$$$$

People, these shorts are going to fry, this company is developing state of the art technology, why do you think volkswagon is investing in them, germany already delivered audis to test, this is going to pop huge, look at the valuation, its a no brainer longvterm hold imo, we are adding to the stash my friends $$$$$$$

i knew I should have chased last night, when I hit the buy button, it felt wrong lol


but was hoping for a gap up to around $20 and maybe a squeeze towards the 23 gap up area

3300 shares close to 18🙄


bad move 🤢!!!!!!!!!!!!!!!

Might see 20 area in 2 weeks once institutional buying begins but that won’t happen til the day trader volume dwindles down

Early Barchart 100
https://www.barchart.com/stocks/performance/percent-change/advances?timeFrame=today&viewName=main&screener=overall&orderBy=percentChange&orderDir=desc

Good call.

RIVN: Hey, THANKS for your analysis, Bro!!! Very PRAGMATIC perspective!!

$1B is a lot of bread. I ain’t gonna see my entry point. Good luck all. Good story unfolding for u.

Open in low $20, drop to $17 then off to $22-24 range. Once news hits $30 by weekend. Shorts pushing down for weeks. Could jump 20-40% daily with short squeeze for next week.