Rivian Lays Off 10% Of Workforce As Lucid Production Underwhelms. Elon Musk Expects Bankruptcies.

Investors Business Daily ^ | 02/23/2024 | KIT NORTON

[G Larry]

Which Freeper told us not to dare short Rivian?

[Red Badger]

🤷‍♂️............................

[ClearCase_guy]

The economy. It just keeps booming.

[Bob434]

A little off topic, but there was a story awhile back about some kid that watched the sticks that Nancy Pelosi and h7bby were investing in, and he invested I. Them too, and has made a staggering amount of money apparently, and I heard last night there is an app that watches the investments of politicians or whoever, and alerts to what they, or whoever works for them, are buying

I’m sure that if politicians had stock in rivian or lucid, that they got out in time thanks to little birdies telling them to, in order to stave off losses

[V_TWIN]

If I had to WAG it I’d have to say teslagator 🤣

[1Old Pro]

I just saw a tv show saying how we need to spend trillions updating our roadway guardrails to handle the heavier battery trucks like rivian. So getting rid of rivian et al could save a bunch.

[Reno89519]

Rivian (RIVN) is $10.16 at the moment, setting a 52 week low. I have stock at $12.85 so need it to recover, at least momentarily, so I can sell without losing. 52-week high was $28.06

Fisker (FSR) is at $0.5286 and has a 52-week low of $0.5212, so not doing great. 52-week high was $7.86.

VinFast (VFS) is at $4.98 and has a 52-week low of $4.59, so not doing great. 52-week high was $93.00.

[Tell It Right]

The tulip mania of EV's is over. If the gubment got out of the way too then EV pricing and sales would be driven by the free market.

Even though I own an EV, live in the south (no harsh winters), can charge at home, have a 2nd car like a lot of married couples so we're not tethered to just one driving technology, and drive enough miles for the gas savings to be worth an EV ... if I was honest I'd bet only 5% or 10% of the people I know personally are also in a situation where an EV is practical.

Of course, that's free market and practical thinking ... something the warmageddon control-freak Dims and their cult followers are incapable of.

[Reno89519]

Maybe we should invest in those guardrail manufacturers? Who are they?

[LeonardFMason]

Rivian = Edsel

[bigbob]

Dunno, but anyone taking stock advice from FReepers or any other group of anonymous strangers on the internet is a moron.

[1Old Pro]

Maybe we should invest in those guardrail manufacturers? Who are they?

Probably Japanese steel companies and local government transportation workers paid for my higher taxes.

[When do we get liberated?]

Edsel was good looking by comparison

[Bob434]

It was a car well before its time.

[Red Badger]

They are pretty though.

They will make great looking ‘Lawn Art’ for rich Rednecks.................

[Chgogal]

Obama/Biden/Democrat Party = Clister_uck.

[Reno89519]

What companies are making EV car suitable guardrails and what are their stock

[Fresh Wind]

If I had to WAG it I’d have to say teslagator

Imagine what he would be like if he actually owned a Tesla.

[Empire_of_Liberty]

I was actually wondering if the US Federal Government wasn’t more like 100% insider trading. Maybe the CSPAN cameras are of a small, animatronic model, and the Senate or House really sits around all day trying to come up with stocks to buy that they can influence with legislation.

It seems a better explanation of the Biden Cabal’s energy stances than most.