4th biggest Automaker has just deliverd 154 pickups so far!
ที่อัปเดต:
Rivian Automotive reached a 132 Billion dollar market cap which placed it as the 4th biggest automaker in the world after Tesla, Toyota, and Volkswagen.
However, in premarket, it has passed Volkswagen and it seems today it will be named as 3rd biggest automaker in the world.
It will be as big as General Motors and Ford combined!
The question is how long it will hold this market cap???
I remember last February I talked about the EV sector Bubble!
This bubble will last for a while and then will blast!
So far with 10 billion dar Price volume/day it has enough power to go further, but it will not last very long! and I think we are 1-3 days away from top formation!
In the 1930s, economist John Maynard Keynes said: “Markets can stay irrational longer than you can stay solvent."
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA or an accountant or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
However, in premarket, it has passed Volkswagen and it seems today it will be named as 3rd biggest automaker in the world.
It will be as big as General Motors and Ford combined!
The question is how long it will hold this market cap???
I remember last February I talked about the EV sector Bubble!
This bubble will last for a while and then will blast!
So far with 10 billion dar Price volume/day it has enough power to go further, but it will not last very long! and I think we are 1-3 days away from top formation!
In the 1930s, economist John Maynard Keynes said: “Markets can stay irrational longer than you can stay solvent."
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA or an accountant or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
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