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Oh look it’s my portfolio!
Funny to see Rivian on here. It's valid. But their IPO was just bonkers.
In this case the loss isn't an indicator of failure, just an adjustment of valuation. They've got half a decade of cash on hand (thanks to their bonkers IPO, lol), and they'll be cashflow positive, and even profitable, well before then. 5head move there.
Rivian was at a stultifying valuation. Just beyond belief.
LMAO at Rivian. Tesla will be way worse.
Poor Palm. "At least we managed to manufacture and sell several actual products!"
I own a few shares of rivian, can't wait to own one of their vehicles some day.