When will we be screwed?
3 replies (most recent on top)
As much as I hate to say it, I’ve been saying for the last year I doubt Rivian is going to “make it” on their own. The recent financial reports just support my thoughts. If Rivian DOES survive it won’t be on their own. It will be after filing bankruptcy, and being bought by (most likely) one of the big 3. I was giving it another 5 years but after seeing the last few financial reports and with the looming recession, and biden’s inflation, I wouldn’t be surprised if it’s much sooner than that. You can only lose investors money for so long before they realize it’s a sinking ship and pull out.
Next month “bloodletting” 2.0.
Before the end of Q3 another round going down.