Ok…..
We all love RJ and Rivian but at some point, the stock price must reflect a great quarter and near perfect execution.
So why hasn’t it this quarter?
Whether we like it or not, the world we live and invest in react to CEOs and how they portray their companies..let’s face it, saying your bullish about your product as a tag line isn’t very exciting or convincing…in facts, it’s getting quite old imo.
No one wants RJ to turn into Elon ( exaggeration at best, liar at worst) but speaking directly about the order book would be a refreshing change…
For example…
-I have no doubt we will have the strongest launch of a new model in R2..better than Teslas
-Yes, we’re increasing GA by 50% because our order book demands it
-And our customers are begging to release R3/X
I feel like the Wall Street community feels empowered to say anything they want about Rivian because RJ just takes it and doesn’t defend the stock holders…And when I hear Jim Chanos chime in, I really want to scream. His comments about Amazon orders are nonsensical.
RJ..it’s time to cheerlead not only for your company, employees and products, but start fighting for your stockholders..
You have cut deals with some of the biggest companies in the world. They seem to understand the value of Rivian..it’s time for you to work the Street and call them out when your accomplishments go under appreciated, quarter after quarter..
Just remember, you fall once, they bury you..
You’ve got the shovel now..start using it!!!!
What do you think????