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$Lucid Group (LCID.US)$ What I always struggle with is that a stock price is only "partially" based on absolute valuations.... plus a whole lot of "perceived" value (e.g., meme stocks). Tesla's P/E at one time was over 1000 when the average S&P 500 stock was in the 20s. Its P/E is 368 today and a lot of people still see it as a buy, even with its valuation being more than the top 10 car companies COMBINED! Long on Lucid because of its great tech, excellent management, and future growth plans.
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$Lucid Group (LCID.US)$ I think it should be noted that Rawlinson has been very vocal that he doesn't think Tesla is going to achieve real level 5 driving anytime in this decade.
It is interesting that Rawlinson seems to be openly inviting the big tech companies to enter into some kind of partnership. However, the fact that no partnership has been announced I find revealing. Surely Lucid and $Apple (AAPL.US)$ have had discussions. I imagine Apple is demanding too much from Lucid.
It is interesting that Rawlinson seems to be openly inviting the big tech companies to enter into some kind of partnership. However, the fact that no partnership has been announced I find revealing. Surely Lucid and $Apple (AAPL.US)$ have had discussions. I imagine Apple is demanding too much from Lucid.
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$Lucid Group (LCID.US)$ Apple should buy Lucid, with it, software expertise will arrive. They both will be a great competition to TSLA
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$Lucid Group (LCID.US)$ Where will lucid stock be in five years🤔 $1,500 😉☺️☺️
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$Rivian Automotive (RIVN.US)$ One of the easiest shorts ever. Using money I can lose and if they pump this fomo crap higher I'll incrementally add. Mark that it will be either 90% lower or bankrupt some day in the near enough future. This market is full of these fomo short opps given all the gambling everyone is doing.
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My question is Will $Rivian Automotive (RIVN.US)$ and similar companies have maintenance networks like $Ford Motor (F.US)$ and $General Motors (GM.US)$? Where will owners get repairs?
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What I find ironic is that $Ford Motor (F.US)$ is financing most of that million/year EV production with profits from ICE vehicles. While at the same time Ford's ICE business is being valued at $0.
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$Rivian Automotive (RIVN.US)$ Looking eight years ahead Rivian is currently grossly undervalued.
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I think it is notable that $Ford Motor (F.US)$ announced the plan to pay off high interest debt in and around the time $Rivian Automotive (RIVN.US)$ was about to go public. I would also point that the cost of paying off that debt should be immediately tax deductible to Ford. So I'm wondering if there is an added factor of tax planning going on where Ford gets a one time $billion interest expense deduction on the payoff of the debt. At the same time they sell some of their Rivian stake for what is obviously a big taxable gain.
Maybe I'm overthinking it or rationalizing. But I do think it likely Ford is wanting to have a tax plan on how to exit their Rivian stake. Ford has tax assets but I'm not sure those can all be used immediately or if Ford wants to use them all immediately.
Maybe I'm overthinking it or rationalizing. But I do think it likely Ford is wanting to have a tax plan on how to exit their Rivian stake. Ford has tax assets but I'm not sure those can all be used immediately or if Ford wants to use them all immediately.
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$Rivian Automotive (RIVN.US)$ Rivian is the best looking EV truck. It doesn't look like Battlestar Galactica, and it's not destined to be Found On Road Dead, like $Ford Motor (F.US)$, which were notorious for coming with parts that just break down in succession. Rivian fills a long sought after demand, from the truck people, contractors, and even women who Love their trucks, for the first EV truck that checks all boxes that truck lovers actually want.
Sure, it's not gonna launch to the Moon, like $Tesla (TSLA.US)$, overnight, but it's a reputable, real, concern that shall most definitely be profitable and grow into it's value. People are actually buying Rivian EV trucks, as well as RIVN stock, in order to send a clear message to other auto makers, which is, 'We Want the Non-natural disasters making EV truck, which looks like a real truck and can function like one, and we want it Now, not in a hundred freaking years, already!'
Other auto makers, besides now converted and cutting edge Ford, have been deaf, dumb, and mute to this SCREAMING DEMAND from truck consumers and lovers shocked that nobody has heard it but Rivian. Ford has heard it and is answering the call, but so many of us have been burned by shoddy Ford work many times before. They still have that nasty reputation for the acronym their company name ironically, and somewhat comedically, spells out. 'Found On Road Dead.'
Rivian has like 50-60,000 actual individuals' orders for their trucks, they have an order for 100,000 Amazon EV delivery vans, and now they're working to make RV EVs for Outdoorsy. The future looks bright for Rivian. Stop bashing Both the truck and the growth stock.
Sure, it's not gonna launch to the Moon, like $Tesla (TSLA.US)$, overnight, but it's a reputable, real, concern that shall most definitely be profitable and grow into it's value. People are actually buying Rivian EV trucks, as well as RIVN stock, in order to send a clear message to other auto makers, which is, 'We Want the Non-natural disasters making EV truck, which looks like a real truck and can function like one, and we want it Now, not in a hundred freaking years, already!'
Other auto makers, besides now converted and cutting edge Ford, have been deaf, dumb, and mute to this SCREAMING DEMAND from truck consumers and lovers shocked that nobody has heard it but Rivian. Ford has heard it and is answering the call, but so many of us have been burned by shoddy Ford work many times before. They still have that nasty reputation for the acronym their company name ironically, and somewhat comedically, spells out. 'Found On Road Dead.'
Rivian has like 50-60,000 actual individuals' orders for their trucks, they have an order for 100,000 Amazon EV delivery vans, and now they're working to make RV EVs for Outdoorsy. The future looks bright for Rivian. Stop bashing Both the truck and the growth stock.
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