Tacoma Vs. Rivian

Not unless you got a place in Colorado.

 

Many of the same reasons Amazon went with Stellantis, which tanked Rivian stock the first time.

 

Watched them pull out the drive way scrolled to where the young lady was about to open the watch box. I had to turn it off after that, a condensed version would be better.

It's cool if they are putting up and comparing stats.

 

Amazon went with Stellantis because Rivian can’t just pop out 100,000 delivery vans overnight. Also not putting all your eggs in one basket is just smart.

 

I’ve seen that van around my hood in Fort Collins, I still have my old rental house there.

 

That’s just smart business for Amazon. They need vans and already contract with Ram/Stellantis for vans and there is no way for Rivian to pump out 100k vans in a short time period. Amazon wants to jump on the goodwill of saving the environment bandwagon by switching to electric vans quickly. I wouldn’t be surprised if it will actually save them money on fuel costs as well.

 

I stand corrected. Sounds like you’re neighbors.

 

You only want facts not feelings correct?

Overnight?

It was a deal made three years ago.

"...the tech giant in 2019 ordered 100,000 electric delivery vans from Rivian, the first 10,000 of which are due by the end of this year..."

 

That's irrelevant to my point and previous statement.

Did that decision from Amazon adversely impact Rivian stock?

Yes or no.

Facts only remember?

 

Obviously, I didn’t mean literally overnight. Once production starts, there is no way to immediately shoot out 100k vans.

 

Nothing I wrote was non-factual so I guess I’m good to go. The stock price showed nearly no effect from the announcement of Amazon’s deal with Stellantis. It was already in a extended downward trend and continued at the same rate.

 

Lots of MBZ gas vans coming off of lease from Amazon contractors
https://www.cars.com/vehicledetail/39549f01-4304-42c3-8ed7-8fde11668ee4/

 

Apparently facts aren't enough now either.

https://www.cnbc.com/2022/01/05/rivian-stock-plunges-after-news-of-amazon-stellantis-deal.html

 

Go look at a stock chart and daily closing price and not a clickbait article, the stock was already plunging prior to and after that announcement and continued a steady downward trend until around May when it somewhat stabilized.

 

I feel like your facts were right.

 

How about Barron's?

"Rivian Stock Is Dropping Like a Stone. Blame Amazon."

https://www.barrons.com/articles/rivian-stock-amazon-ev-truck-stellantis-51641401501

 

No feelings, facts only.

 

Would you have read the article if it wasn’t as sensational?

 

I guess you don’t read graphs.

 

So neither of the Rivian Roys are ever wrong.

Not surprised.