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Another Polestar
$Rivian Automotive (RIVN.US)$ Rivian will be another polestar story. They both produced about the same amount of cars last year, the only difference was that investors lost interest in polestar and kept it for Rivian!. Now mind you, Polestar produced way more cars than Rivian over the years and have existance in more than 20 markets and yet wall street dumped it! Now watch Rivian going Polestar path! And if the market correct short term Rivian is easily a $5 stock:(
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BC_76 : which part of your head is not right? Polestar is not owned by any of these strong shareholders like Amazon, Blackrock, Vanguard, TR ... which they add up owned over 30% of Rivian. Will they let Rivian take Polestar path? or because of your persuasive words, they listen to you and let Rivian go to drain? Push down, collect cheap, possible. Then later will be a much bigger gain for them all. Over 30% stake belongs to these big brothers. Take a closer look, while they don't buy into Polestar.