The VW agreement clearly states that they will sell 0,5 + 0,5 billion value DILUTED shares at 10,84$ to Volkswagen. It will go to that price… or lower.

ZnWC : -55% or lower

EZ_money : you're spreading false information. they are certificate bonds and they are going to sit on them with4.5% interest . they are not converting them into shares for some time and it's not anytime soon

EZ_money : you keep saying this with no sources because if you used the source you will see there's no dilution for a long time

Mercado :

TeslaSmurf OP : LISTEN, PAL:
When there is a CONTRACT between Rivian and Volkswagen with a clearly expressed price of 10,84$ per share, WHERE do you think the stock price will go ? To 30,84$ or MORE LIKELY 10,84$.
Just common financial logic sense.
Then, if you add the next UGLY Q2 earnings it could go much worse, before getting any better.
I will add, that if Rivian can’t address the manufacturing issues and the tremendous cut cost they need in Q3 and Q4, they are pretty fuck’d.
Anyways, DON’t  buy it over 10,84$, unless you are suicidal.

Not financial advice, I can be wrong of course, but today’s -7% suggests I may be not