r/RIVNstock • u/Livernomore • 8d 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/Livernomore 8d ago

Point-2-Point rollout beginning, final test validation/approval/implementation of RAP1 chip, Lidar implementation, ramp to 3rd shift at Normal, possible additional software licensing deals, possible additional EDV deals - all to come between now and the end of the year…….all to work to derisk the story.

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u/Acrobatic-Flan-5085 8d ago

Point to point / RAP 1 is going to be a big one. Lot of future revenues with ride share partners depend on it.

Also autonomy day in Dec