⚠️⚠️⚠️FINAL Coupon BRIEFLY extended to Friday Feb 3 11:59pm https://metkevin.com/join | Course Member Lives, Trades, Fundamental Analysis, and More.
⚠️⚠️⚠️ #rivian #tesla #rivn ⚠️⚠️⚠️
📝Contact Information for Kevin & Liability Disclaimer: http://meetkevin.com/disclaimer
This is not a solicitation or financial advice. See the PPM at https://Househack.com for more on HouseHack.
Videos are not financial advice.

Last week I said Rivian had a 35 chance of going bankrupt and I compared it to Tesla That led to me getting comments like the following: Tesla Operated at a loss for the first 10 years they were selling cars lol Tesla in Q3 2014 7785 Vehicles Pretty similar to what Rivien just manufactured in Q3 2014 Tesla made at 20.90 for every 100 of Revenue they had. If you include the tax credits, it was 29 they made in 2014 on every 100 of Revenue This is called gross profit. so if you earned a hundred dollars, would you rather make twenty dollars after your expenses or would you rather pay 271 dollars to make that 100 in gross profit? This is why.

By Stock Chat

where the coffee is hot and so is the chat

6 thoughts on “Why rivian will go bankrupt”
  1. Avataaar/Circle Created with python_avatars Yellow Dog says:

    Tesla wasn’t a sustainable profitable company until after they started producing the Model 3

  2. Avataaar/Circle Created with python_avatars Luca Jelmini says:

    Bro brought out the receipts😂

  3. Avataaar/Circle Created with python_avatars Te So S says:

    We call that math.

  4. Avataaar/Circle Created with python_avatars chris riccitelli says:

    Was this video produced with meet Kevin AI 😂😂😂

  5. Avataaar/Circle Created with python_avatars chris riccitelli says:

    Eat more bread!!!!

  6. Avataaar/Circle Created with python_avatars Z says:

    They are cool cars though

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.