SSO.:

Finally got the analysis of Rivian's 2023 Results posted:

https://karenable.com/rivians-2023-results/

They will likely run out of cash by early 2025. 

Do you think they will make it?

 

"Over the same period, Rivian stock has crashed from a high of $129.95 to $12.69 today.  Both have the very rare honor of making AML look like a better investment over the same period"

Again Smiley

That said, beautiful, and somewhat sobering report once more. This company (likewise Lucid) seems to bring genuinely refreshing products. Being from Europe, I've only seen Rivians on US soil. And they stop you in your tracks with their fresh looks, something the current crop of horrible EV derivatives from Mercedes and BMW completely fails to do. It's a snooze fest in Germany at the moment. On the other hand, will the bet on EV prove to be the right one going forward, that's certainly not a given either IMO. Interesting times.


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1988 Peugeot 205 Rallye / 1991 Mercedes-Benz 500E / 2004 Porsche 996 GT3 RS  / 2022 BMW M5 CS