it is low hanging fruit, but I think California will be one of the earliest adopters of full electric vehicles. If they expect it to work they cannot allow it flop in the first stage of adoption. The rest of the country will be watching and put their middle finger in the air. California will drop the ball like they do in every other aspect of their failure of a state.

 

The picture says its cars backed up at the tolls. What does the caption have anything to do with the picture?

 

I think it is just a general city car highway

 

So the market in general is way down right now. Just about everywhere, everything is down. Rivian is currently at its lowest and currently 11% below its IPO. I think its going to drop a little more over the coming weeks, but then we're going to have an upturn in the next month or two.

Without trying to get in to politics: The weather will warm up, people will want to get out and spend, especially with tax return season. The covid tests that you could sign up for now, that will supposedly start going out in the next week or two, will at least give people a chance to feel more confident and aware enough about themselves, I THINK it should inspire people to venture out more. I would guess the next week or two it will (start to) level off.

I see Ford made 8.2 Billion off their Rivian investment this quarter. Might be able to save some, but if you think you missed out on this, Is anyone willing to share if they have plans?

 

if anything, i still think they've got one of the best shots down the road once they're full-up on production, so i ain't ready to cut bait yet...
actually contemplating buying a bit more to bring my average share cost down.

 

Yeah, I agree. The market is down everywhere, and I think this took a much bigger hit than it should because of it.



Here is a 15 minute video if you like goofy videos, but there were a few things to note.
1. 800hp and 950ft lbs.
2. It beat a (6300 lb) RAM TRX (with 702hp) by about a car length in what I think is an 1/8th, (short road and not sure if they said).
3. Definitely would consider it a midsize 4 seater, but actually has quite a bit more storage for how small it is.
4. Over 7K lbs.
5. Quicker than a Tesla Model Y (in this test).

 

yeah, i wouldn't consider it much bigger than a Canyon or an H3.
and i wonder if it could win twice in a row... or what the power equivalent went down to after the 1st run.

 

https://www.msn.com/en-us/autos/enth...ace/ar-AASWSXb

https://www.youtube.com/watch?v=mkhP...ature=youtu.be

 

 

Being only slightly bigger than a mid-size may be advantageous from a marketing standpoint. Nice thing is, they don't need the room up front for an engine, nor a tunnel for the rest of the drivetrain. So they can get the overhangs short, a long wheel base for the ride, and still plenty of room for storage areas. And the interior wheel-to- wheel bed width at 50.2" means you can keep a 4x8" sheet of plywood (tailgate down of course) or most sheets of mdf (which are closer to 50") flat in the bed; which many consider a benchmark requirement. With the utilitarian space nearly that of a full-size, but the maneuverability and packaging of a mid-size, it should appeal to a broad range wanted to switch to electric.

The big thing is they need to keep the momentum going and get the production ramped up. This will help them establish a following and capture market share before the traditional OEMs get deep into the foray with similar offerings (and before Telsa can come up with something that doesn't look like a 6 year old drew it).

Stock-wise it might not be a bad time to jump stock-wise in considering it's well below is IPO. Question is, how long before it starts to show gains. Since they are interested in reinvesting to expand their portfolio (which from a business sense is really what they need to do, so they're doing it smartly and not just caving to investors), it's something that people are probably going to need and want to hang on to in order to get the big gains.