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home / news releases / TSLA - Rivian: Sell On Weak Q1 Earnings

TSLA - Rivian: Sell On Weak Q1 Earnings

Tesla Inc.

2024-05-08 09:11:18 ET

Summary

  • Rivian's Q1 earnings show negative operating income and a widening net loss, leading to a sharp decrease in cash reserves.
  • The company's gross loss per vehicle delivered improved but is still a significant weakness compared to competitors like Tesla.
  • Rivian's valuation is likely overvalued based on Price/Sales ratios and discounted cash flow simulations, with a high level of uncertainty.

Investment thesis

For further details see:

Rivian: Sell On Weak Q1 Earnings
Stock Information
Company Name: Tesla Inc.
Stock Symbol: TSLA
Market: NASDAQ
Website: tesla.com
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