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Rivian's losses compared to Lucid's

Buffalo Bob said:
What's interesting to me is that Rivian is currently trading at an $18.8B Market Cap, and a 4.11 Price to Book Value ratio, while Lucid is currently trading at an $3.2B Market Cap, and 1.8 Price to Book Value ratio. How does it make sense that Rivian's Market Cap is almost 6x Lucid's Market Cap? As for Lucid's Price to Book Value ratio, my guess is that they are way ahead of Rivian in terms of volume manufacturing infrastructure, yet they are still less than half of Rivian's. What does all that say about upside/downside potential between the two at current valuations?

If you want to see some really eye-opening numbers, look at those data points for Tesla.
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OK, NOW you are trying to apply common sense to stock pricing. Good luck on that! :p
 
socktucker said:
K

3% is meaningless when that is 30 cents...

It will go lower and then go private. They have no momentum, no clear plan, and whiffed the Gravity launch. They're 0 for 2 and only a fool would assume they're going to nail it the 3rd time.
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Isn’t that why the phrase ‘3rd time’s the charm’ exists? 😂
 
Honestly, it’s an awful stock. Too much history. And would take a lot of real change to make it better.

As a very big time investor who put I think $5k into the stock (I’m basically institutional) I’m glad they are doing big changes. They should do big changes. And they need to actually raise money. Dilute me! Just do it. All the trauma needs to be in the past so we can talk about their pretty cars that go fast.

Snap Chat is another terrible stock. But they don’t run from it. They just dilute investors constantly with big employee stock grants and they smile about it. Zero people talk about bad about Snap. Because it’s not false hopes and filled unspoken issues. Lucid needs to live their truth.
 
prgarg said:
Maybe Penn only, he'll do the talking
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You just gotta get him excited. I made him slip once, by showing him a good trick at a small magician’s event at the castle (true story). He figured it out, but it took him a few tries and he had to ask a question, which broke him haha - he does talk outside shows plenty, but because he’s so generally quiet it’s so jarring that when he spoke I nearly flashed the gimmick lmao
 
For grins and giggles (ok, I'm bored) I (er, I mean Perplexity) put together the following charts.

So much for fundamental investing...

1773427028410.webp
 
socktucker said:
I’ll never forget telling my brother in law bit coins were a waste of $100 bucks.
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A friend and I gave a presentation to my closest startup friends in 2011 when Bitcoin was like $16 and told them all to stay away because it was horrendous re: security (mt gox had *just* happened)

They all made a lot of money not listening to me lol
 
borski said:
A friend and I gave a presentation to my closest startup friends in 2011 when Bitcoin was like $16 and told them all to stay away because it was horrendous re: security (mt gox had *just* happened)

They all made a lot of money not listening to me lol
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“All you can do is a buy a pizza that’s stupid” 😭
 
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