Quote:
Originally Posted by Josh (PA)
I read rivian lost 1.3 billion last quarter. Seems like a tough way to keep a business afloat. Probably a smart move to flip and move on.
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I think Tesla lost similar amounts of money until recently. Rivians market cap is still about 30 billion so I guess they could keep themselves funded for a while by selling more stock. That being said, I think they are hoping to eventually be acquired
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