Wow, Did Anyone Else Miss This? Holy Mackerel -- Wasn't Rivian Like #2 After Tesla? June 1, 2023

Locator: 44821EVS.  

EV scorecard here.

Link here: the Rivian story today.

This was absolutely predictable once it was clear interest rates were headed higher and Ford's announcement that EVs won't reach parity with ICEs until at least 2030. 

• RIDE: down 4.4% today on a huge day for the market on the upside.
• ARVL: down 0.85.
• LCID: down 16%.
• GOEV: down 1.4%.
• FSR: down 2.2%.
• Polestar: down 3.7%.
  
• TSLA: UP 1.8%.
• RACE: UP 2.24%.
  

The chart, max:

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All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them. 

Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.