. Like other automakers, Rivian has had trouble securing the materials that are needed to manufacture lithium-ion batteries for its vehicles, in addition to the semiconductor chips needed to power many of its high-tech features.
Adam Jonas, an analyst for Morgan Stanley, noted that Rivian’s enterprise value, which is essentially its market capitalization minus less net cash, is “currently just above zero dollars.” This sends the message to investors that unless Rivian can get its supply chain under control, it may have to dilute shareholders.
Buy one now! These things are gonna be a bigger collectors item than the DeLorean once the company folds.
sounds like Tesla’s early days.
I love this truck
Amazing.
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