That NVDA wildin ..... 260% revenue growth loool

Keep chugging along.

got 100 shares in nvds. scalped a few $27 trades in the pre-market on that little downward trend



if i'm gonna be a doomer bear, i told myself just do it without options and a really small amount

crazy earnings season

Huge flops and huge wins

Sq pulling it off tonight

Feeling kinda toppy are we?

Rivn getting killed, bought some hopefully at the low

0 or 100 play

Goodluck to us

Are you buying the dip on RIVN?

Seems like the bull case is they might turn a profit this year? Havent researched this company

I own it at 14, been riding up and down for the last year

Waiting til march before buys but yeah this will be one of them

They are hemorrhaging money still and got punished on earnings because they decreased vehicle guidance in 2024

However a big reason the guide was decreased is because they are shutting down their main plant for 2-4 weeks to improve efficacy and changing supply lines to make things increasingly streamlined. Rivian is still a production issue more than a supply issue. Every vehicle they make is gone and the wait list is still longer than a year to get a new one

In addition to streamlining existing plant, they plan on opening another this year, which will be operational by next year, and the focus on this plant will be the R2

They currently have enough cash to last until January 2026. So if not profitable by here will need to take out high interest debt or dilute their shares to raise capital, both are terrible options for existing share holders.



Tldr:
-Excellent product, rated number 1 in customer satisfaction and likelihood of return customers across all car manufacturers (ev and combustion)
-company hemorrhaging money , broke by 1/2026
-revenues are increasing well year over year, but no plans for profitability until 2nd/3rd quarter 2025
-EV sentiment overall is godawful currently
-all eyes on how much more efficient/cost effective the process is when they shut down and streamline existing plant


0 or 100 play imho. Not putting all my eggs here but definitely will be adding exposure

This post was edited by Bazi on Feb 24 2024 12:59pm

Thanks for the detailed analysis. I think the sentiment is bad overall for the entire car industry right now, due to the high interest / inflationary macroeconomics and also people losing their jobs. I think sentiment will start shifting back to more positive once interest rate decreases. Meaning i do think we’re at a bottoming out phase for EV sentiment. I’m currently heavily into TSLA but will keep eye on RIVN for a potential bounce back play.