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.
Sell the Rivian and take the loss and short it to make up the difference. I agree with Elon, it’ll go BK before too long.
VinFast (VFS) - 52 week high $93
Oh, my!
At the $93 high, you could have bought one hundred, 12 month, $60 Put Options (10,000 shares - makes money when stock price declines) for a couple thousand dollars!
Close to $550,000 profit, for a minor risk.
Short term federal capital gain tax at 37%. Washington state new cap gain tax is 7%, above $250,000.
Take home pay on that trade - close to $400,000.
Sorry - I am an old man (and former day trader) who still loves to dream.