RIVIAN, what’s coming: After the NON convenient agreement with VW, with an ALARMING financial situation of the company,a BAD earnings report is about to hit.
$Rivian Automotive(RIVN.US$ In FACTS: Rivian agreed to sell a value if 0,5 Billion NEW stocks (=diluted from the shareholders=YOU pay) at 10,84$ per share, plus another 0,5 billion within the end of the year at certain conditions, including a 4,5% interest on the money.
That’s what’s sure. The other billions, or further investment, will come dependind on Rivian’s results this year. Based on that, VW will have access to Rivian’s EV technolgy almost for free… 🤔
Hence… the stock price MAY soon go down to those 10,84$.
Of course I can be wrong, but I’m often not 😉 Not financial advice.
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TESLA holder and trader. Economics and tech studies, writer, traveller and chef for passion. FREE in SouthAmerica 😎
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EZ_money : no sources all lies then.... they are certificates no dilution until certain amount of time which they are also getting 4.5% on so they will hold them for some time before any dilution that's a long way down the road