Rivn

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11-10-2021, 09:43 AM
89coupe

Rivn

Who put their order in?

I’ve got mine in. Will be interesting to see if it gets accepted.

Will it be the next Tesla?
11-10-2021, 09:45 AM
Buster

let me guess, it will be "oversubscribed"
11-10-2021, 10:02 AM
tirebob

I don't think any "EV" can be the next Tesla honestly. At least not as an EV only company. Tesla gets dragged along because of the Elon factor, as well as all the other stuff outside of EV's he does to be sure. Love him or hate him, he is the reason people flock to Tesla. Kind of a "Celebrity Stock" status if you well.
11-10-2021, 10:09 AM
nzwasp

The rivians didnt do too well in terms of range when it was very cold either atleast when it was on that tv show last year. If you havent watched it https://en.wikipedia.org/wiki/Long_Way_Up I would recommend it.

The feature I did like was the tow charge.
11-10-2021, 10:15 AM
Xtrema

Quote:

Originally Posted by nzwasp

The rivians didnt do too well in terms of range when it was very cold either atleast when it was on that tv show last year. If you havent watched it https://en.wikipedia.org/wiki/Long_Way_Up I would recommend it.

The feature I did like was the tow charge.

That's a problem for all EVs.

Amazon will prop RiVN up because Bezo doesn't want to lose to Musk in anything.
11-10-2021, 10:18 AM
Tik-Tok

Already lost in the ugly factor. Those headlights :barf:
11-10-2021, 10:29 AM
bjstare

From Jason Cammisa's instagram:

Quote:

Originally Posted by Jason Cammisa

Finally got behind the wheel of the most exciting new truck in… ever?

I took the world’s worst pix so the first one is a press pic. Sorry. Was too busy being in the moment.

This is more than just another EV. This is the Tesla Moment for Trucks — that point at which there’s a real, actual, genuinely better alternative to what we know.

Many of you will say “bullshit, that thing will never replace an F-150.” And you’re right — it won’t work if you tow your boat 500 miles every day.

But like Model S was car, elevated, the R1T is pickup, elevated.

Not in a snooty sense. But in an intelligent one: what do people ACTUALLY do with their trucks? Because, if people do with their trucks what I see people actually doing with their trucks, this will do it better.

My experience was super limited. A couple minutes on an off-road course with an acceleration run. This isn’t a road taste — it’s an amuse-bouche.

And my bouche is amusée. Because:

A: It has a drift mode that let me do donuts. Quiet, delicious donuts.

B: It’s fast as fuck.

C: It did shit off-road that I genuinely thought it wouldn’t do. Like never, ever bottom out. Ground clearance for days - with supple suspension compliance to match.

D: I think it has more storage space than my house. And a more powerful stove (Inductive cook-top? Yes.)

E: Derek Tam Hyphen Scott fit in the space normally reserved for inefficient packaging.

F: I think it’ll be amazing. As a car. On the road. In the world.

I hope I'll have more to say soon, but if my first impression is right: why would you buy anything else?

(Unless you tow your boat 500 miles a day.)

I find his opinions are generally pretty pragmatic and on point. Jonny Lieberman also raves about this thing, and he spent days in it (they created a 3 part road trip docu on MotorTrend).
11-10-2021, 10:33 AM
cdnsir

Never played on IPO day before, because you know, it's a good idea to see how a company operates first.

But the hype is there. Do the general public just put market orders in before it opens and take whatever fill price it lands on?
11-10-2021, 10:48 AM
Xtrema

Quote:

Originally Posted by cjblair

From Jason Cammisa's instagram:

I find his opinions are generally pretty pragmatic and on point. Jonny Lieberman also raves about this thing, and he spent days in it (they created a 3 part road trip docu on MotorTrend).

Press event from Sep are mostly positive. Software still seems to be a bit underbaked at that point. They are also pulling a Tesla by delaying Oct deliveries to Feb 2022.

Quote:

Originally Posted by Tik-Tok

Already lost in the ugly factor. Those headlights :barf:

It's quirky. The only part I didn't like the frunk opening is too high. They need to copy what F150 Lightning is doing.
11-10-2021, 11:07 AM
Ca_Silvia13

Quote:

Originally Posted by 89coupe

Who put their order in?

I’ve got mine in. Will be interesting to see if it gets accepted.

Will it be the next Tesla?

Was there any mention of what these will cost in CAD?
11-10-2021, 11:43 AM
Pacman

I've got Ford call options that expire in 2023 and 2024 so I have a bit of exposure to Rivian as Ford owns 12% of them.
11-10-2021, 11:46 AM
jacky4566

The pricing has been online for almost a year now. Change to CAD at the top right. Pretty sure RBC is doing thier financing.

https://rivian.com/configurator/r1t

90 -130k CAD.

Not really that expensive for a new long range EV. The original Tesla Roadster was 100kUSD in 2008. A new Model X (The only one that can tow) is like 140k -170k CAD.
I think the Ford Lightning will be a bit cheaper since since half the truck is parts they already make.

I'm pretty excited for Rivian but the IPO is a nope. There will be a ton of price manipulation in the first year who knows what direction itl'l go.
11-10-2021, 12:12 PM
Pacman

stock up 50% and it just went live.
11-10-2021, 12:13 PM
89coupe

My order got filled, yay!
11-10-2021, 12:24 PM
Pacman

Quote:

Originally Posted by 89coupe

My order got filled, yay!

at what price?
11-10-2021, 12:32 PM
89coupe

Quote:

Originally Posted by Pacman

at what price?

$110

FOMO always gets the best of me haha. :dunno:
11-10-2021, 12:35 PM
max_boost

Quote:

Originally Posted by 89coupe

$110

FOMO always gets the best of me haha. :dunno:

lol fomo club. Good luck man
11-10-2021, 12:37 PM
ExtraSlow

Quote:

Originally Posted by 89coupe

$110

FOMO always gets the best of me haha. :dunno:

Well, Rivian isn't the next tesla in terms of the whole company, because there is no "next tesla company", probably ever. But maybe the vehicle will be the next tesla, which would still leave room for incredible growth.
11-10-2021, 12:38 PM
89coupe

Quote:

Originally Posted by ExtraSlow

Well, Rivian isn't the next tesla in terms of the whole company, because there is no "next tesla company", probably ever. But maybe the vehicle will be the next tesla, which would still leave room for incredible growth.

For once I agree with you.
11-10-2021, 12:45 PM
max_boost

Nice you guys found common ground. Now come out for dim sum you legends.
11-11-2021, 11:04 AM
89coupe

I don’t feel so bad today.
11-15-2021, 09:34 AM
89coupe

1 Attachment(s)

Hold or Sell?

Attachment 102848
11-15-2021, 09:46 AM
Pacman

I would hold it, which means you should probably sell and lock in returns as I tend to watch all of my returns vaporize. I'm doing that right now on Ford call options. I should be negative by the end of next week with the way things are going.
11-15-2021, 10:11 AM
tirebob

Quote:

Originally Posted by 89coupe

Hold or Sell?

Attachment 102848

Realized gain are better than watching gains vaporize... It comes down to if you believe in the stock or if you were gambling. If you were gambling, you already won. If you believe in it then the only one who you gotta convince to keep holding is yourself.
11-15-2021, 10:18 AM
bjstare

It doesn't have to be a binary decision. Sell a portion (amount dictated by where you fall on the spectrum of confidence <-> gambling - for something like this, I imagine it'd be pretty skewed towards the gambling end unless you know something everyone else doesn't). You don't miss the boat if it goes to the moon, and you crystallize a bit of profit to offset losses if it falls.
11-15-2021, 10:31 AM
jabjab

I feel LCID will have more upside and their cars look great!
11-15-2021, 10:34 AM
jwslam

Quote:

Originally Posted by cjblair

It doesn't have to be a binary decision. Sell a portion (amount dictated by where you fall on the spectrum of confidence <-> gambling - for something like this, I imagine it'd be pretty skewed towards the gambling end unless you know something everyone else doesn't). You don't miss the boat if it goes to the moon, and you crystallize a bit of profit to offset losses if it falls.

my cheap-ass is only 10 shares in for FOMO
fees would eat my gains in a partial sale :rofl:
11-15-2021, 11:15 AM
89coupe

1 Attachment(s)

I hate when I buy into shit like this, I hit the refresh button every 5 minutes lol

Attachment 102850
11-15-2021, 11:19 AM
pheoxs

I don't really understand who would buy Rivn or really any of these new car makers. Like typically we accept that first year models from major car manufacturers will always have some quirks and it's wise to wait a year before you buy. How does anyone think companies that have almost no mass manufacturing experience of automobiles are going to release a polished vehicle in the first year or two? Even Tesla is a good example of that with tons of QC issues early on.
11-15-2021, 11:20 AM
89coupe

Quote:

Originally Posted by pheoxs

I don't really understand who would buy Rivn or really any of these new car makers. Like typically we accept that first year models from major car manufacturers will always have some quirks and it's wise to wait a year before you buy. How does anyone think companies that have almost no mass manufacturing experience of automobiles are going to release a polished vehicle in the first year or two? Even Tesla is a good example of that with tons of QC issues early on.

I read they have a contract to build 100,000.00 trucks for Amazon to use as delivery vehicles.
11-15-2021, 11:20 AM
2020

Sell, sell, sell
11-15-2021, 11:21 AM
jwslam

do I FOMO the gains or FOMO the ride to the moon?
11-15-2021, 11:28 AM
Tik-Tok

Quote:

Originally Posted by pheoxs

I don't really understand who would buy Rivn or really any of these new car makers. Like typically we accept that first year models from major car manufacturers will always have some quirks and it's wise to wait a year before you buy. How does anyone think companies that have almost no mass manufacturing experience of automobiles are going to release a polished vehicle in the first year or two? Even Tesla is a good example of that with tons of QC issues early on.

Beyond was discussing this and making the same points about Tesla when it was at $40, lol.
11-15-2021, 11:38 AM
pheoxs

Quote:

Originally Posted by 89coupe

I read they have a contract to build 100,000.00 trucks for Amazon to use as delivery vehicles.

Fair but that doesn't speak to quality though. Delivery trucks aren't exactly a beacon of luxury. If stuff rattles or doesn't work it probably doesn't matter as their focus is entirely on a cost efficiency standpoint.

Like if a UPS delivery van has panel gaps ... who cares? But as a personal vehicle, kind of a deal.
11-15-2021, 11:43 AM
89coupe

Quote:

Originally Posted by pheoxs

Fair but that doesn't speak to quality though. Delivery trucks aren't exactly a beacon of luxury. If stuff rattles or doesn't work it probably doesn't matter as their focus is entirely on a cost efficiency standpoint.

Like if a UPS delivery van has panel gaps ... who cares? But as a personal vehicle, kind of a deal.

Look at Tesla, the car is riddled with build quality issues and yet they keep selling.

Watch this.

https://youtu.be/A1uYhkMRLWg
11-15-2021, 11:45 AM
Xtrema

Quote:

Originally Posted by pheoxs

I don't really understand who would buy Rivn or really any of these new car makers. Like typically we accept that first year models from major car manufacturers will always have some quirks and it's wise to wait a year before you buy. How does anyone think companies that have almost no mass manufacturing experience of automobiles are going to release a polished vehicle in the first year or two? Even Tesla is a good example of that with tons of QC issues early on.

You are basically betting on Bezo's ego to go against Musk's. Fundamentals be damned.

That said, R1T wear the $100K price tag way better than Tesla Model S out of the gate. Software still need some baking tho.

https://youtu.be/CqR-a2nqXdg
11-15-2021, 11:47 AM
ExtraSlow

Quote:

Originally Posted by pheoxs

I don't really understand who would buy Rivn or really any of these new car makers. Like typically we accept that first year models from major car manufacturers will always have some quirks and it's wise to wait a year before you buy. How does anyone think companies that have almost no mass manufacturing experience of automobiles are going to release a polished vehicle in the first year or two? Even Tesla is a good example of that with tons of QC issues early on.

If you think this is an auto-maker stock, then you should for sure not buy it. If you think this is a pure technology company, then the items you mention are very unimportant. That is a binary decision. The market certainly has made it's opinion known. I personally don't think the market is often wrong.
11-15-2021, 12:13 PM
89coupe

1 Attachment(s)

The R1S looks pretty good actually

Attachment 102857
11-15-2021, 12:15 PM
max_boost

Quote:

Originally Posted by 89coupe

I hate when I buy into shit like this, I hit the refresh button every 5 minutes lol

Attachment 102850

It’s addicting man lol
11-15-2021, 12:31 PM
89coupe

I SOLD at $147

Got scared haha.
11-15-2021, 12:55 PM
max_boost

Yea man. Not easy lol

Some take profits, some take the costs, some sell half, some sell all, some like me just watch it go up, up, down, down, left, right, left right etc. (cannabust stocks lol) but it's rising from the dead again.
11-15-2021, 12:57 PM
S-FLY

Quote:

Originally Posted by 89coupe

Look at Tesla, the car is riddled with build quality issues and yet they keep selling.

Watch this.

https://youtu.be/A1uYhkMRLWg

Watching this makes me want to buy a Rivian now.
Also, the guy reviewing doesn't seem to really know what he's talking about. You can clearly see it's riding on 20's yet he keeps saying 21's and he says the flashlight and bluetooth speaker are charging wirelessly but you can see they charge by making contact, not wirelessly (via Qi charging is what I assume he means).
Small things to nit-pick, but still, it'd be nice if he got his facts straight. :burnout:
11-15-2021, 12:59 PM
89coupe

Quote:

Originally Posted by S-FLY

Watching this makes me want to buy a Rivian now.
Also, the guy reviewing doesn't seem to really know what he's talking about. You can clearly see it's riding on 20's yet he keeps saying 21's and he says the flashlight and bluetooth speaker are charging wirelessly but you can see they charge by making contact, not wirelessly (via Qi charging is what I assume he means).
Small things to nit-pick, but still, it'd be nice if he got his facts straight. :burnout:

Maybe Edmund review is better

https://youtu.be/CqR-a2nqXdg
11-15-2021, 01:12 PM
S-FLY

I love the utility but damn, it starts at $90k CAD where the F150 lightning starts at $68k.
11-15-2021, 01:17 PM
ExtraSlow

Can I walk into a building a drive one home today? No care until then.
11-15-2021, 01:22 PM
Darkane

Quote:

Originally Posted by 89coupe

I SOLD at $147

Got scared haha.

Great move.

It’s never the wrong move to take profits.

It’s the emotions that get you. Coulda woulda.
11-15-2021, 01:28 PM
Buster

Why do people want this again?

Speed? Who cares?
Fuel economy? Who cares, it's a truck.
a Frunk? okay that's good.
11-15-2021, 02:27 PM
89coupe

1 Attachment(s)

Quote:

Originally Posted by Buster

Why do people want this again?

Speed? Who cares?
Fuel economy? Who cares, it's a truck.
a Frunk? okay that's good.

Attachment 102860
11-15-2021, 02:42 PM
Xtrema

Quote:

Originally Posted by Buster

Why do people want this again?

Speed? Who cares?
Fuel economy? Who cares, it's a truck.
a Frunk? okay that's good.

https://youtu.be/_i4ezh8pneI
11-15-2021, 02:46 PM
Buster

Quote:

Originally Posted by 89coupe

Attachment 102860

the equipment locker thing is cool.

So we have an equipment locker and a frunk?
11-15-2021, 03:18 PM
ExtraSlow

you guys are going to lose your heads when you hear about SUV's.
11-15-2021, 03:21 PM
killramos

:rofl:
11-15-2021, 04:34 PM
89coupe

Aftermarket trading at $154

Crazy
11-15-2021, 04:39 PM
asp integra

Not gonna lie, I think this is one of the best looking trucks I have ever seen. I would definitely rock one
11-15-2021, 07:10 PM
JRSC00LUDE

That is light years more cool than a Tesla but this is not a segment I'm interested in being an early adopter in as an owner.
11-15-2021, 09:29 PM
msommers

This was such a great episode, and is highly relevant to this thread

https://rationalreminder.ca/podcast/167
11-15-2021, 11:21 PM
S-FLY

My gf had a Nissan Leaf once and after driving an electric vehicle, I realize how awesome they are.
Instant torque, quiet, no warming up the engine, cabin pre-heating/cooling etc. You just get in and go. This truck would be perfect for 90% of what I'd need it for.
11-16-2021, 09:11 AM
89coupe

Hit $169 this morning :barf:
11-16-2021, 09:14 AM
killramos

Made enough to buy a Rivian yet?
11-16-2021, 09:23 AM
89coupe

Quote:

Originally Posted by killramos

Made enough to buy a Rivian yet?

I’m not into electric cars.

I don’t support it. I feel the whole industry will cause more destruction than good.
11-16-2021, 09:24 AM
S-FLY

Options trading started today.
11-16-2021, 09:28 AM
89coupe

Quote:

Originally Posted by S-FLY

Options trading started today.

Will be interesting to see if there is big sell off.

Could be an opportunity to get back in at a much lower price.
11-16-2021, 12:09 PM
Buster

Quote:

Originally Posted by 89coupe

I’m not into electric cars.

I don’t support it. I feel the whole industry will cause more destruction than good.

preach
11-17-2021, 10:07 AM
jwslam

ride or die
11-22-2021, 03:48 PM
Xtrema

Ford cancel EV plan with Rivian
https://www.cnbc.com/2021/11/19/ford...c-vehicle.html

Amazon vans are useless
https://news.yahoo.com/rivians-elect...191225693.html
11-22-2021, 04:07 PM
89coupe

Fuck, every day I feel better and better for selling at $147 haha
11-22-2021, 04:13 PM
Buster

Quote:

Originally Posted by 89coupe

Fuck, every day I feel better and better for selling at $147 haha

You didn't get greedy like a little pig.

So you didn't get slaughtered like a little pig.
11-22-2021, 06:31 PM
jacky4566

bought some PUTS at the end of the day. Lets go!
11-22-2021, 09:02 PM
Tik-Tok

Quote:

Originally Posted by Xtrema

Amazon vans are useless
https://news.yahoo.com/rivians-elect...191225693.html

HVAC in a cube van with its door open half the day takes more energy than advertised? Weird.
01-07-2022, 11:39 AM
Xtrema

https://www.cnbc.com/2022/01/05/rivi...ntis-deal.html

Quote:

Amazon will be the first commercial customer of Stellantis’ Ram ProMaster battery-electric vehicle when it arrives in 2023.
01-07-2022, 03:16 PM
rc2002

That did no favours for RIVN stock price which is now at all time low.

Time to buy the dip?
04-28-2022, 04:15 PM
benyl

So Ford lost $3.1B and Amazon lost $8B due to their write downs on RIVN.

Is this the dip you are waiting for? It was $30 and some change two days ago. Ooof.

There are some people / institutions that bought in at the 52 week high of $179.47. That's gotta suck.
04-28-2022, 04:20 PM
bjstare

Quote:

Originally Posted by richardchan2002

That did no favours for RIVN stock price which is now at all time low.

Time to buy the dip?

Well, this didn't age well.

Something, something, falling knife.
04-28-2022, 04:25 PM
Pacman

My Ford calls expire in January 2023. I need them to dump their shares of RIVN when the lockup period expires in a few weeks and focus on delivering F150's so I can cash out before they expire.

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