[R99]

As it stands right now as I'm posting this, the Rivian stock is at $64.01. Over the past few days it's been as low as $56.28 a share. Is this the lowest the stock will get or does anyone think it will drop lower?

I created a poll for people to make their predictions about how low they think the stock will go.

 

[Mattedfred]

Rivian's success all comes down to their ability to scale production of vehicles and construction of charging stations.
Ford and GM will quickly dwarf the scale of Rivian and Tesla's BEV truck production.
If Ford and GM choose to do so, they could also quickly dwarf the scale of Rivian's charging station network.
BEV is the future.
I feel that the earnings for the new automotive business model will benefit from new earnings sources such as subscriptions and charging. Especially since many new manufacturer's have forgone the traditional dealership sales model and BEV's require less maintenance when it comes to traditional vehicle components.
There is a ton of money to be made during this paradigm shift. It all comes down to which company can do it fast enough.
I love the design and capabilities of the R1T, but I would be betting against Rivian. That said, I am a long term investor and avoid speculative stocks.

 

[Angus]

I mean, it is not like Rivian stock has crashed. The entire market is way down, so you can't look at as Rivian loosing value.