New 13G
$Rivian Automotive (RIVN.US)$ Rivian Automotive | SC 13G: Statement of acquisition of beneficial ownership by individuals-Volkswagen AG(7.7%),Volkswagen International America Inc.(7.7%)
SEC· 1 min ago
SEC· 1 min ago
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GoldenRam : will this be positive to the price or negative? i have shares stuck since it nosed dived. hoping for a reprieve.
Trytosaveabit OP GoldenRam : It should be a good Responce!
corbotron : it should be a good catalyst, but......... rivian has a recent history of being a bit stale on price movement with good news, see will see in the am after the news is fully absorbed
Trytosaveabit OP corbotron : Solid analysis!
corbotron Trytosaveabit OP : I'll check back in at 4 and see if the news was well recieved, personally I think it's solid to have VW as part owner, collaboration is already on its way and it's only a matter of time before rivian as a brand is absorbed under the VW umbrella
Trytosaveabit OP corbotron : The very last part is the only thing that I part ways with you on! At least for now! Hehehe
corbotron Trytosaveabit OP : we shall see
it won't happen anytime soon, but say rivian his hard times and as a company can't recover, but as a brand and tech sector of VW will flourish with their pre existing infrastructure. but that's like a worst case scenario. rivian could prop up VW during their transition to EVs with their processes of they can be implemented into existing factories. all very speculative for sure, but I see one lending the other that JV hand when the time comes
Trytosaveabit OP corbotron : Yeah now now much daylight between us there! GL
corbotron Trytosaveabit OP : lol speculation of course, solid company on the up and up you got partner in VW and expansions in progress. it's all about capital expenditure, they are new to the auto industry and have alot of spending to do to catch current production levels of competitors. just spend the cash correctly and all will be fine, start handing out silly bonuses and retention perks and it goes from how much value can we create to how much value can we take
Trytosaveabit OP corbotron : Yup yup
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