RIVN
📉 The speaker expresses strong dissatisfaction with Rivian’s management team, calling their performance ‘pessimistic’.
stagnated production guidance around 50,000 vehicles for three years indicates a significant lack of growth for a company expected to expand.
❓ The lack of production growth raises serious questions about the company’s execution and future prospects despite the speaker previously liking the stock.
@bernardodegarcia:
“Bernardo, what do you think of Rivian now? I still like it. […] What do I think of Rivian? Well, it annoys me quite a bit. The management team is doing a pessimistic job. It’s doing a pessimistic job. I mean, it’s been three years with a vehicle production guidance around 50,000. I mean, there’s no growth there. And it’s a company that just started, like, ‘Hello, could you grow a bit?'”
Watch the exact part of the video where @bernardodegarcia talks about Rivian Automotive here:
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