Sep. 23 at 10:29 PM
$RIVN Longer the consolidation bigger the breakout . I know I’ve said this in past and this stock has tested the patience of many but the day is getting closer when Wall Street will re price the stock substantially higher with permanently higher floor.
With compelling product & high brand loyalty , VW/Amazon/other partnerships, point to point launch before end of year, AI R&D ,the cash cushion , R2 ramp / R3 coming and expanding foot print , upcoming Georgia factory, the only software defined vertically integrated vehicle company that can match
$TSLA ………. ALL of that valued at paltry <
$20B !!
You gotta be kidding me !
If all falls in line , particularly the acceleration of R2 ramp up , I won’t be surprised if it gets valued close to
$100B mc next year which means the stock can be in
$60-70 range!
And that still won’t be outrageous by any stretch of imagination
$SPY $LCID
