Duncan Davidson, partner at Bullpen Capital, shares one major headwind for the company.
"If you look at how these things are priced, they're like 10 to 20 times sales. Next year Rivian's supposed to have run $8 billion in sales, so this actually means this pricing is not out of whack if they actually hit their production. That's the Achilles' heel.has had real difficulty scaling up over the years, and they had much more time than Rivian had to do it. But I think we're going to solve this problem pretty quickly. Look at the whole car industry.
The headline story on your site is so stupid. It should read thousands of Rivian customers made thousands each, not 'made millions' cause you are scandalously counting it all together
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Electric truck maker Rivian zooms to $86B market valueSILVER SPRING, Md. (AP) — Shares of Rivian Automotive jumped in their debut Wednesday, rising as much as 53% as investors look for the next big winner in the electric vehicle market. The closing price of $100,73 gave Rivian a market value of about $85.9 billion, greater than that of Ford and just below General Motors. Rivian Ford GM 예수님께서는 치료자이십니다 메시아의_오심이_가깝습니다 HisComingIsNigh Rivian Ford GM Economics is not a science lmao 91 billion gtfo of here Lol what is wrong with this country
Source: AP - 🏆 728. / 51 Read more »
Rivian prices IPO at $78 a share, valuing electric vehicle company at $66.5 billionRivian's initial valuation will not be far off Ford or General Motors even though the company has barely started generating revenue. M3LONASN
Source: CNBC - 🏆 12. / 72 Read more »
Rivian customers who pre-ordered electric SUVs and trucks made millions from IPO popAs part of Rivian's IPO, the electric vehicle company reserved shares for people who have pre-ordered a truck or SUV as of Sept. 30. Buying IPOs in 2021 has been risky business So allegedly this company is worth more than established automakers. Rivian has the Amazon in its back pocket, but they don’t have nationwide dealers, maintenance, there’s no idea of reliability, no supporting infrastructure. It’s all speculative based on the Amazon truck order. Once they revised their IPO to be more expensive, I was out. Sucks that by the time retail investors get to buy the gains are already had contained within the brokerage houses and retail investors get the shaft.
Source: CNBC - 🏆 12. / 72 Read more »