RIVIAN Stocks PLUMMETS After AMAZON And STELLANTIS Announce Partnership To Produce Delivery EV's

Publicado 2022-01-31
In This Segment, Keith And Jay Discuss How RIVIAN Stocks PLUMMETS After The Recent AMAZON And STELLANTIS Partnership Details Surfaced. According To Sources, The Details Reported Claim AMAZON Will Provide Its In Car Dashboard Software And Cloud Services To STELLANTIS And In Return STELLANTIS Will Build AMAZON Battery Electric Delivery Vehicles. This Would Make Amazon The First STELLANTIS Commercial Customer To Purchase The All New RAM ProMaster Battery Electric Vehicle Which Will Debut In 2023. RIVIAN, Who Has A Committment To AMAZON To Deliver 100,000 Battery Electric Vehicles By 2030, Recently Debuted On The NASDAQ with Modest Gains Only To Find Stock Plummeting After The News Of The Amazon - Stellantis Deal. RIVIAN Shares Fell 11% As Stellantis Shares Moved Up 0.3% Once The News Of The Partnership Became Public. Following RIVIAN'S (RIVN) November IPO Of $78 A Share, Their Share Surged To $172 Before Dropping Back Down To Nearly $100. Once News Broke Of The Amazon - Stellantis Deal, General Stock Sell Off Began, RIVN Was At A Nearly 45% Drop At $53.94 On January 27. This Would Make Rivian Worth Roughly $50 billion Which Is About Half The Value Of Ford. At The Time Of This Video Release, Rivian Stock Is On The Rise Again and are back up to over $61.00. We Feel This Is Just A Ripple And Rivian Will Come Back Strong. In Fact, Morgan Stanley’s Adam Jonas Has Stated He Expects Rivian Shares Could Surge Nearly 160% From Its Current Overly Depressed Levels.

Should We Worry About RIVN ? Leave Your Comments! You Might Just Make It On The Next "Mail Bag Episode".

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@Rivian @StellantisNA @PrimeVideo @amazonwebservices @InsideEVsUS @morganstanley @Electrek @ford @GeneralMotors


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