Amazon has a non binding 100k order of it's electric van. And if anyone thinks the Rivian can outperform a Ford F150 lightning in terms of order and deliverables... I would think again. And by the time any Rivian is on the road, most major brands would already have heirs and with proven production capabilities to boost.
Rivian IPO Puts Slow Race to Commercial EV to Public Market Test
(Bloomberg) -- Eleven years after Tesla Inc. went public with a market value of less than $2 billion
This is a sobering review on Rivian. Whilst the bells and whistles of buying Rivian's shares at IPO is so enticingly magnetic, I urge anyone to just read this before you make any buy decision. Everykey selling point of Rivian is debunked and justified by the writer... and rightly so. I have and I am having second thought on Rivian. Instead I will wait for F to dip and buy in.
This is the next best thing since Bitcoin itself. Watch out for other ETFs coming soon but due to Proshares being the first Bitcoin ETF, it may just be the market leader.