irvinehomeowner
Well-known member
Every time? Like TSLA?
C'mon... at least be truthful.
C'mon... at least be truthful.
ICE or EV?
- Thread starter irvinehomeowner
- Start date
irvinehomeowner
Well-known member
Too many articles to link to but almost every OEM that has an EV in their lineup has reported increased sales last quarter/June.
Volvo quadrupled, Audi over 30% than last year... even BYD in China had record sales in June.
Good thing they are not listening to morekaos.
Volvo quadrupled, Audi over 30% than last year... even BYD in China had record sales in June.
Good thing they are not listening to morekaos.
irvinehomeowner
Well-known member
Rivian (RIVN) stock continues hot streak after analyst says EV maker hit a ‘major turn’
Shares of EV startup Rivian (RIVN) are up over 14% Friday after Wedbush analyst Dan Ives upgraded his price target....
electrek.co
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Shares of EV startup Rivian (RIVN) are up over 14% Friday after Wedbush analyst Dan Ives upgraded his price target. Ives cited the EV maker is making “a major turning point” in its execution strategy, raising Rivian stock price target to $30 a share from $25.
Rivian stock price target upgrade fuels rally
Rivian’s stock rally has lasted over a week, with share prices increasing over 80% since June 27, 2023.After shattering analyst estimates earlier this week, delivering 12,640 electric vehicles, and producing 13,992 units in the second quarter, Rivian stock rose over 13% alone. Since then, Rivian shares have continued trending higher.
>>
Seeing more and more Rivians around Irvine.
morekaos
Well-known member
I am not short it right now but a total loser from day 1…Still is…Suckers!!
RIVN launched on Nov. 10 at $78.00 a share, raising nearly $12 billion
By MATTHEW JOHNSTON
Published November 15, 2021
Rivian Automotive Inc. (RIVN) designs and manufactures electric vehicles (EVs) and accessories and offers related services. The company produces and has begun delivery of its first-generation consumer vehicle, which is a two-row, five-passenger pickup truck named the R1T. Later this year it plans to begin delivering a three-row, seven-passenger SUV named the R1S. These vehicles are equipped with a set of advanced technology systems and are designed to accommodate consumers with active lifestyles. Rivian also plans to launch an electric delivery van (EDV) for business customers.1
Rivian's stock debuted on public markets on Nov. 10, 2021 through a highly-anticipated initial public offering (IPO). As many as 153 million shares were sold at an initial offering price of $78.00, valuing the company at $66.5 billion. The offering raised nearly $12 billion in financing to fuel growth.2
CNBC. "Rivian prices IPO at $78 a share, valuing electric vehicle company at $66.5 billion." Accessed Nov. 13, 2021.
The shares began trading on the Nasdaq under the symbol "RIVN" at an opening price of $106.75.345 The stock closed the day trading at $100.73 per share, giving the company a valuation of approximately $86 billion. That's more than the market capitalization of Ford Motor Co. (F), one of Rivian's major financial backers.6
https://www.investopedia.com/rivian...early $12 billion in financing to fuel growth.
RIVN launched on Nov. 10 at $78.00 a share, raising nearly $12 billion
By MATTHEW JOHNSTON
Published November 15, 2021
Rivian Automotive Inc. (RIVN) designs and manufactures electric vehicles (EVs) and accessories and offers related services. The company produces and has begun delivery of its first-generation consumer vehicle, which is a two-row, five-passenger pickup truck named the R1T. Later this year it plans to begin delivering a three-row, seven-passenger SUV named the R1S. These vehicles are equipped with a set of advanced technology systems and are designed to accommodate consumers with active lifestyles. Rivian also plans to launch an electric delivery van (EDV) for business customers.1
Rivian's stock debuted on public markets on Nov. 10, 2021 through a highly-anticipated initial public offering (IPO). As many as 153 million shares were sold at an initial offering price of $78.00, valuing the company at $66.5 billion. The offering raised nearly $12 billion in financing to fuel growth.2
CNBC. "Rivian prices IPO at $78 a share, valuing electric vehicle company at $66.5 billion." Accessed Nov. 13, 2021.
The shares began trading on the Nasdaq under the symbol "RIVN" at an opening price of $106.75.345 The stock closed the day trading at $100.73 per share, giving the company a valuation of approximately $86 billion. That's more than the market capitalization of Ford Motor Co. (F), one of Rivian's major financial backers.6
https://www.investopedia.com/rivian...early $12 billion in financing to fuel growth.
irvinehomeowner
Well-known member
Lol... referencing a 2021 article when I'm referring to your 2023 moremidas touch.
morekaos
Well-known member
because the vast majority of people who bought that stock bought it between then ($78.00) and now. At $24 a share almost everybody has lost money. The pursuit of unicorns is an expensive and foolish game. I’ll take my Midas touch against your lead touch any day.
irvinehomeowner
Well-known member
I think I've already lapped you multiple times just with TSLA.
Here's a question you won't answer... when RIVN hit $14.40 on March 30 (your post in this thread), and someone asked you if you should buy... would have said no? Even on June 8 (your other post) when it was below $14? And we already know that you don't recommend TSLA, so when it was at $100 in December, you would have passed?
Scoreboard? Currently RIVN is at $24 and TSLA is $242... you can do the math. See... I can go back in time too but I based these on your posts.
That's your reverse moremidas touch... you say something is doomed and then it goes up... nice job.
I'll give you everything else, but there are just certain sectors (mostly tech and science) that you lack knowledge in.
Here's a question you won't answer... when RIVN hit $14.40 on March 30 (your post in this thread), and someone asked you if you should buy... would have said no? Even on June 8 (your other post) when it was below $14? And we already know that you don't recommend TSLA, so when it was at $100 in December, you would have passed?
Scoreboard? Currently RIVN is at $24 and TSLA is $242... you can do the math. See... I can go back in time too but I based these on your posts.
That's your reverse moremidas touch... you say something is doomed and then it goes up... nice job.
I'll give you everything else, but there are just certain sectors (mostly tech and science) that you lack knowledge in.
morekaos
Well-known member
Nope, wouldn’t buy it at $14 wouldn’t buy it $24. They are losing $7.00 a share….junk. And you’ve hardly lapped me. Ferrari has gone from $37 to $314 …during the same time the Tesla went from $15 to $274. No big deal…I got there with way less risk….that’s my job and I’m paid well to dot right.
Look at the scoreboard, not even close, percentage wise you got lapped big time. Paid to do what again?Nope, wouldn’t buy it at $14 wouldn’t buy it $24. They are losing $7.00 a share….junk. And you’ve hardly lapped me. Ferrari has gone from $37 to $314 …during the same time the Tesla went from $15 to $274. No big deal…I got there with way less risk….that’s my job and I’m paid well to dot right.
Fugazi
irvinehomeowner
Well-known member
You are obfuscating my point.
Every time you say some technology you don't understand is going to fail... it does the opposite. Doesn't that give you a hint you may be out of touch?
By now, you have to see that every automaker, EV or ICE, is increasing production, sales, and delivery of EVs. This is not a political thing, not an environmental stance... it's just common sense... better technology will win.
Every time you say some technology you don't understand is going to fail... it does the opposite. Doesn't that give you a hint you may be out of touch?
By now, you have to see that every automaker, EV or ICE, is increasing production, sales, and delivery of EVs. This is not a political thing, not an environmental stance... it's just common sense... better technology will win.
morekaos
Well-known member
This whole discussion is pointless as to this specific position as neither of you bought TSLA at $13…I did buy a substantial RACE position at $37….besides you have a total lack of understanding of risk…which path to riches is better? …I’ll let you pick. “There is a difference between knowing the path….and walking the path.”
Attachments
I know that some on TI definitely bought TSLA at $13 (or less).
Yes, we can all agree the majority of your posts are pointless.This whole discussion is pointless as to this specific position as neither of you bought TSLA at $13…I did buy a substantial RACE position at $37….besides you have a total lack of understanding of risk…which path to riches is better? …I’ll let you pick. “There is a difference between knowing the path….and walking the path.”
How would YOU know what people bought and when. Assume to know it all, ha
You’re going to school us on risks vs rewards? Gimme a break. There’s no one size fits all type of profile.
37 to 314, superb, but calling 15 to 274 no big deal? Really feel sorry for your clients.
I know several (not on TI as well), and then many also that bought when it went up from the real early days and made killings on it, big deal I say
morekaos
Well-known member
Never said others didn’t…just those two
You people should listen to MK - he’s shown the proof of the efficacy of his EV trading thesis.
Meanwhile non-Tesla EV inventory is ballooning
https://www.axios.com/2023/07/10/unsold-electric-cars-are-piling-up-on-dealer-lots
Meanwhile non-Tesla EV inventory is ballooning
https://www.axios.com/2023/07/10/unsold-electric-cars-are-piling-up-on-dealer-lots
irvinehomeowner
Well-known member
Combination of supply chain resolution, more restricted Fed credit and Tesla price drops.
But that's good for the consumer... no longer those ridiculous dealer markups on EVs (or $1000 paint protection, $2000 tint and $1000 GPS... when an EV already has built-in GPS). You can even lease EVs now for less than $500/mo.
Maybe morekaos can find that sub-$0k Bolt.
morekaos
Well-known member
Gun to the head economic policy in search of unicorns and rainbows will not work…
25 Attorneys General Blast Biden’s EPA For Forcing Car Makers And Consumers To Embrace EVs
“President Biden wants to use the power of government to force a massive shift in demand for automobiles, with the government putting its thumb on the scale in favor of EVs. But Americans don’t want what he is selling,” said Kentucky Attorney General David Cameron, who led the AG letter with West Virginia Attorney General Patrick Morrisey. “This is the latest head-in-the-sand approach to achieving the left’s impossible green-energy fantasies. Government shouldn’t pick winners and losers, and an EPA rule that would kill gas-powered vehicles does just that.”
https://thefederalist.com/2023/07/0...cing-car-makers-and-consumers-to-embrace-evs/
25 Attorneys General Blast Biden’s EPA For Forcing Car Makers And Consumers To Embrace EVs
“President Biden wants to use the power of government to force a massive shift in demand for automobiles, with the government putting its thumb on the scale in favor of EVs. But Americans don’t want what he is selling,” said Kentucky Attorney General David Cameron, who led the AG letter with West Virginia Attorney General Patrick Morrisey. “This is the latest head-in-the-sand approach to achieving the left’s impossible green-energy fantasies. Government shouldn’t pick winners and losers, and an EPA rule that would kill gas-powered vehicles does just that.”
https://thefederalist.com/2023/07/0...cing-car-makers-and-consumers-to-embrace-evs/
irvinehomeowner
Well-known member
As I've said before, I don't like forcing the adoption of EVs either... let the market decide.
morekaos
Well-known member
If you did that it would collapse faster without all the tax breaks and subsidies…I’m for that