Posted on 11/11/2021 7:37:48 AM PST by Red Badger
New legislation awaiting President Joe Biden’s signature will provide $7.5 billion in federal grants to build a national network of electric vehicle charging stations, and Rivian could stand to benefit.
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Wonder where the magic electricity to power the charging stations is going to come from?
A Bezos-mobile? Via Ford? ooooookaaaaaay ...
Windmills, Solar Panels and Unicorn farts.......................
The Amazon home delivery fleet with a well defined usage cycle is a good place to try these out.
You can’t beat a company/industry that has the financial backing of the US taxpayer.
Everyone who pays taxes should at least get stock in these EV companies for our involuntary investments.
Short them at, say, $80.
“....Unicorn farts.......................”
Can’t have that as it would contribute to Globull warming, methane and all that BS.
Oh no, Unicorn farts are absolutely Earth friendly. Just ask Algore....................
Its 112 bucks now. Go ahead.
Agreed, but Amazon isn't going to buy $86 Billion worth of delivery vans.
This valuation is nuts.
I won’t mind electric vehicles as long as they cost under $30K, have the same appointments as today’s vehicles, will have a 350 - 400 mile range and a 10 minute recharge time for under $50........... Is that too much to ask?...............
“Windmills, Solar Panels and Unicorn farts.......................”
177 new natural gas power plants have been approved and are being started. One is being built near where I live and is 3/4 built. 2 of the largest coal power plants along the Ohio river have been given the go ahead to stay open until at least 2050 The Cardinal and Mitchell plant.
Amazon would not have bought the vehicles if they were not viable.
No crazier than Tesla, another feeder at the government teat.
Tesla market cap = ALL OTHER CAR COMPANIES COMBINED.
Totally agree. I gave up trying to understand the stock market. It’s like chasing tulip bulbs now.
At least with Tesla, it’s possible (not likely) that some of Musk’s crazy stuff might actually make money.
Rivian looks like a pure play on electric vehicles. With a ton of competition on the horizon. Good luck guys.
You forgot the pixie dust and dragon fire.
Quietly short them long term.
Choose your groupon (GRPN) Moment wisely, media is going to push this stock around for the next 6 months, enter shorts when the media pump stops.
See post 17.
You buy an EV, you charge with renewables. Show the world and all your friends just how Green you really are.
No more getting your juice from the power grid.
EVs will be a thing of the past.
Wait a minute..... now I’m confused. I thought unicorns pooped skittles which means their farts would smell like a rainbow.
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