EV Tickers Today -- October 5, 2023

Locator: 45657INV.    

I'm not following the market right now -- we've talked about this before. I do check WTI, obviously, and I do check selected ticker symbols, periodically, but that's about it.

After this week's Rivian (RIVN) volatility -- up 9%, down 9% --  I was curious what RIVN was doing today. Holy mackerel, didn't see this coming. Except for insiders, I doubt anyone did. Certainly not those who bought on Tuesday when RIVN was up 9%.

Screenshot:

Curious. What happened?

• tanks on convertible debt offering
• burning through cash -- confirmed
• will dilute equity for existing shareholders

If I remember, I will talk about this a bit more later, but now -- headed to soccer practice with Sophia.

Others:

• ARVL: down 5%, trading at $1.04.
• LCID: down 7%, trading at $5.16.
• Polestar (PSNYW): down 10%; trading at 38 cents.
• GOEV (Canoo): up 3%; trading at 44 cents;
• F: down a bit; trading below $12; my hunch --
• F folks re-thinking that 65-cent special dividend earlier this year;
• GM: down 2%; trading just north of $30.30.

The energy transition is dead, we just don't know it yet. -- Peter Zeihan.