barneenee
voted
A recent $Amazon(AMZN.US$ test of a $Rivian Automotive(RIVN.US$ electric van showed that the battery's performance is below the EV startup's claims.
According to the report, the battery drained 40% faster than usual if the van's heating or cooling was on. Rivian said in its prospectus that the all-electric delivery vans would have a range between 120 miles and 150 miles, depending on size.
Rivian shares fell 8.2% to 118.11 on Monday. RIVN stock rose 67% in the first few days after its IPO, to 129.95. But shares closed down 1% last week after a wild ride.
Among other EV stocks, China-based $XPeng(XPEV.US$ edged up 1.1% after briefing reclaiming a buy range intraday. $NIO Inc(NIO.US$surged 7.3%, while $Li Auto(LI.US$ advanced 1.9%.
Among U.S. automakers, $Lucid Group(LCID.US$ reversed opening gains and dropped 8.2%, $General Motors(GM.US$ rose 3.7% and Ford (F) was up 5.4%. U.S.-traded shares of Germany's $VOLKSWAGEN A G(VWAGY.US$ dipped 0.4%.
It seems that there are formidable enemies everywhere.
Do you think RIVN is ready to compete in the EV battlefield?
Source:
Tesla Stock Rises As Musk Teases Model S Plaid In China; Battery Issue Drains Rivian Stock
According to the report, the battery drained 40% faster than usual if the van's heating or cooling was on. Rivian said in its prospectus that the all-electric delivery vans would have a range between 120 miles and 150 miles, depending on size.
Rivian shares fell 8.2% to 118.11 on Monday. RIVN stock rose 67% in the first few days after its IPO, to 129.95. But shares closed down 1% last week after a wild ride.
Among other EV stocks, China-based $XPeng(XPEV.US$ edged up 1.1% after briefing reclaiming a buy range intraday. $NIO Inc(NIO.US$surged 7.3%, while $Li Auto(LI.US$ advanced 1.9%.
Among U.S. automakers, $Lucid Group(LCID.US$ reversed opening gains and dropped 8.2%, $General Motors(GM.US$ rose 3.7% and Ford (F) was up 5.4%. U.S.-traded shares of Germany's $VOLKSWAGEN A G(VWAGY.US$ dipped 0.4%.
It seems that there are formidable enemies everywhere.
Do you think RIVN is ready to compete in the EV battlefield?
Source:
Tesla Stock Rises As Musk Teases Model S Plaid In China; Battery Issue Drains Rivian Stock
![Daily Poll: Battery issue drains Rivian stock.](https://ussnsimg.moomoo.com/1637640753863-77777000-android-org.gif/thumb)
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barneenee
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barneenee
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$AMC Entertainment(AMC.US$ dear fellow apes. I am no doubt an ape. But at times like this, can anyone of you please give me a sense of security that I am not making a mistake. My spouse is unhappy that I am putting more money here. It's a tough decision but I cannot sell now. I will not sell at a loss and instead I buy more but my spouse isnt happy about this. Sian
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barneenee
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$AMC Entertainment(AMC.US$ so tat ppl cannot see my rationale.
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barneenee
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barneenee
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$AMC Entertainment(AMC.US$ WHERE THE HF?? please short more i need to buy more!! 😪
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barneenee
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barneenee
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$AMC Entertainment(AMC.US$ wow 1.6m shorts reloaded looks like a long night lol
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