- Rivian has disappointed backers partly due to its own mistakes and partly due to supply problems beyond its control.
- Ford appears, since its initial investment, to have pivoted its strategic thesis on Rivian and will likely continue to sell shares opportunistically.
- Rivian shares may seem like a bargain to enthusiasts for the EV revolution. The reality is more likely a "value trap."
- Surviving in an overly crowded field of EV makers will be an issue for Rivian.
For further details see:
Ford Sells Second Batch Of Rivian Shares, A Vote Of No Confidence For The Fledgling EV Maker