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$Rivian Automotive(RIVN.US$ is 13.73% higher and traded at a new high of $150.39 earlier in the session to take the market cap to over $115B. The valuation on Rivian is now more than the market caps of Honda Motors, Fisker and Ferrari combined.
Trading volume on Rivian is already over 41M shares just halfway through the session.
There is some news out today on the electric vehicle upstart, with the Atlanta Journal-Constitution reporting that Rivian is in late-stage talks to open a vehicle manufacturing and battery plant in the Atlanta region.
Interest in Rivian is not cooling off even with Lucid Group and Polestar-Gores Guggenheim catching noticeable attention today.
Trading volume on Rivian is already over 41M shares just halfway through the session.
There is some news out today on the electric vehicle upstart, with the Atlanta Journal-Constitution reporting that Rivian is in late-stage talks to open a vehicle manufacturing and battery plant in the Atlanta region.
Interest in Rivian is not cooling off even with Lucid Group and Polestar-Gores Guggenheim catching noticeable attention today.
![RIVN blazes to new high and has a bigger valuation than Honda, Ferrari & Fisker](https://ussnsimg.moomoo.com/344291812129266203.jpg/thumb)
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$XIAOMI-W(01810.HK$ In the long run, Xiaomi is a dynamic enterprise that can attract talents and stimulate people's innovation ability. AIoT, where xiaomi is located, has a very broad runway, and its model is destructive to traditional manufacturing industry and traditional sales channels. Lei Jun, the founder, has rich experience in software and hardware industry and strong insight into trends and opportunities. However, his biggest advantage is that he can discover and unite talents and give them a large space to realize their self-value. To put it simply, Lei Jun has pattern, ambition and ability![]()
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$XIAOMI-W(01810.HK$ Even if xiaomi is regarded as a common consumer company, this price is very cheap, so any piece of valuable discovery, home appliances, iot, car building together will be incremental, so the winning rate is quite high. Although I hold Xiaomi, I think that companies that pay too much attention to marketing have no good results. In addition, Lei Jun really cares too much about the stock price. The essence of these current situations is to pay too much attention to the short-term and ignore the long-term essence
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Spoiler: Chance to win points at the end of this post!
Happy Labor Day weekend, mooers! How's your vocation?
Before diving into Weekly Buzz, congrats to the following mooers whose comments were selected as the top comments last week!![]()
@战神鑫爷 @chotomartay @Grandpa Squeeze @HopeAlways @GratefulPanda @Jia Yung @要HoDL @Syuee @Moonew @VCSuccess
Click here to see their great insights!
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Happy Labor Day weekend, mooers! How's your vocation?
Before diving into Weekly Buzz, congrats to the following mooers whose comments were selected as the top comments last week!
@战神鑫爷 @chotomartay @Grandpa Squeeze @HopeAlways @GratefulPanda @Jia Yung @要HoDL @Syuee @Moonew @VCSuccess
![Weekly Buzz: "I’ve definitely learned my lesson this year. "](https://ussnsimg.moomoo.com/1630916718104-77777000-android-org.gif/thumb)
![Weekly Buzz: "I’ve definitely learned my lesson this year. "](https://ussnsimg.moomoo.com/1630916718199-77777000-android-org.jpg/thumb)
![Weekly Buzz: "I’ve definitely learned my lesson this year. "](https://ussnsimg.moomoo.com/1630916718226-77777000-android-org.png/thumb)
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Translated
![2021/09/08 Trading resumed](https://ussnsimg.moomoo.com/1631240645453-101132133-android-org.png/thumb)
![2021/09/08 Trading resumed](https://ussnsimg.moomoo.com/1631240645468-101132133-android-org.png/thumb)
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