Rivian made only 158 truck so far, yes, One Hundred Fifty! That’s less than the Larry the Cable Guy made in his Texas Garage, working only on weekends.
Everyone likes the underdog but don’t lose your freaking sense, if you don’t know how the math works – you shouldn’t be investing in the first place - . The biggest problem for Rivian is not selling but making road worthy trucks, safely, economically in high volume. The chances of Rivian making roadworthy trucks in volume before 2027 is very slim.
“General Motors is so undervalued,” Ms. Mary Barra, GM, CEO said, during an appearance at a conference held by the New York Times.
“When I look at our ability to scale, to serve customers, I think we’re incredibly well positioned,” she said.
Editor, Daily Stock Deals
