Rivian started trading on wed Wednesday, and the stock has popped 60%. The company has made zero revenue as of their s one from october first. Their projected bes k scenario for cu three is a million in revenue. A company with no delivered vehicles becoming worth a hundred billion dollars is absolutely sa now this might be a case where jason's law does not actually wind up applying. I think nikolo, fisker and some of these other electric vehicle start ups are nowhere near where rivian is based. On what i can see, it has an estimated range of 314 miles at starts at 67 k but i don't think that's the actual price a i think

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode