Tesla is the biggest EV maker, Lucid is a Luxury EV maker, And Rivian makes EV trucks that loses 62% of its range if it tows..! And it did not deliver anything so far..! They just manufactured 154 pickups so far! I believe shorting RIVN could be the most profitable in the next few months..! You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best, Moshkelgosha
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Are there any EV manufacturers that show decent towing capacity? Rivian base bread will be from it's amazon van order. Still a long way to go but moving from a handful of employees to over 3000 in a couple years shows an aggressive attempt to ramp it up. Will they beat or be a Tesla...time will tell. With so few players in the game, taking a chunk of each of them is my best strategy.
I am in on Rivian, wish I had of bought Tesla and think Lucid is a little too niche but am always surprised at what deep pockets can do.
Rezakov
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Are you long on TSLA?
R5turbo2
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My son has a Revian and he towed his race car to the track last week. Yes the battery was depleted faster. He commented that it towed better than his diesel powered SUV. Gas and diesel eat fuel when towing. It's understood that battery power would have the same issue. The Revian is so much better than a Tesla. Not comparable.
I am in on Rivian, wish I had of bought Tesla and think Lucid is a little too niche but am always surprised at what deep pockets can do.