hapabapa
Summary
- Rivian’s stock has plummeted nearly 50% since its July 2024 peak, completing a stunning round trip to its June 2024 lows.
- Rivian’s lowered production forecast and ongoing supply chain disruptions raise concerns over its profitability growth prospects.
- Rivian’s long-term profitability hinges on ramping up production. It needs to execute immaculately even as it faces increasingly intense competition.
- Investors who failed to heed my caution and chased its previous surge have likely learned a hard lesson.
- I am JR research, an opportunistic investor who identifies attractive risk/reward opportunities supported by robust price action to potentially generate alpha well above the S&P 500. I run the investing group Ultimate Growth Investing.
