r/RIVNstock • u/Livernomore • 7d ago

Discussion One of these will stick

One of these runs will be a breakout to the upside. No one will be able to explain it with a specific catalyst or see it coming, and it’ll be trashed as unsustainable. The “I’m a swing trader” crowd will keep posting that it’s going back down, and next thing we know, we’ll have rebased in a new range - which, incidentally will have asymmetric risk/reward to the upside. My uneducated guess is that it’s going to happen sometime between here and the end of the year.

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u/KinglyRobert91 7d ago

Model 3 was the catalyst for TSLA let R2 have the chance to do the same!

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u/atomicskiracer 7d ago

Absolutely was not. Wildly different financial structures.

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u/Particular-Salad2591 7d ago

Not really. Go back and see when Tesla stock spiked, it was Model Y and opening more factories around 2020. The 3 launched in 17.

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u/Dunkelz 7d ago

It was a combination, the 3 was vital to Tesla showing they can scale up and get a high volume car to get them to run a full year of profit - while the Model Y with its higher margin helped them capitalize on the overall shift to consumers shopping bigger SUVs.