- Apr 16, 2009
- 128
- 81
- Awards
- 5
- First Name
- Eric
My current favorites based on YTD performance/trends & long-term potential (5yrs+)
- LI
- NIO
- RIVN
- LCID
- TSLA
-
This thread is just the tip of the iceberg.The people ahead of the curve aren't Googling for answers — they're already in here, having the conversations you haven't found yet. DealerRefresh is free.Get the full picture →
Best stocks in the automotive industry
- Thread starter Jeff Kershner
- Start date
- Apr 7, 2009
- 5,081
- 2,488
- Awards
- 10
- First Name
- Joe
Eric, Rivian has my eye.
Recent news: Rivian Receives $6.6B Loan Approval to Build EV Production Facility
It's on sale. IPO'd $130, $170 high. Now at $12's
Rivian Receives $6.6B Loan Approval to Build EV Production Facility
Nov 27, 202410:20 EST
Rivian Automotive, Inc. RIVN has got conditional approval for a loan of up to $6.6 billion from the U.S. Department of Energy to develop its electric vehicle (EV) production plant in Georgia. The announcement followed the inauguration of President-elect Donald Trump, who is anticipated to reverse many EV-friendly policies established by the Biden administration.
The Georgia facility, set to manufacture Rivian’s smaller and more affordable R2 SUVs and R3 crossovers, is expected to begin operations in 2028. However, Rivian has faced production challenges, including parts shortages and cost-cutting measures, which led to a temporary pause in the plant’s construction earlier this year. To conserve funds and expedite the R2’s production, Rivian plans to start building the R2 at its Normal, IL, plant in 2026, where it currently produces its R1S SUVs and R1T pickup trucks.
Per RJ Scaringe, CEO of Rivian, the loan would allow Rivian to expand its U.S. manufacturing capacity for its competitively priced R2 and R3 models, prioritizing capability and affordability. The company must meet technical, legal, environmental and financial requirements to secure the loan. Per sources, as part of the loan’s conditions, Rivian will not oppose unionization efforts at the Georgia facility, though unionization is not guaranteed. The company aims to finalize the loan agreement before the Trump administration assumes office.
This funding comes from the Advanced Technology Vehicles Manufacturing loan program, which has supported companies like Tesla, Ford and General Motors. RIVN had previously estimated the Georgia plant’s cost at $5 billion. The loan comprises $6 billion in principal and $600 million in capitalized interest.
The announcement follows Rivian’s recent $5.8 billion investment from Volkswagen as part of a joint technology venture. Despite the funding, Rivian faces significant challenges, including scaling production, heightened competition, high capital costs and the potential loss of EV tax credits under Trump’s administration. In 2022, RIVN secured $1.5 billion in state and local incentives for the Georgia facility and an additional $827 million for expanding its Illinois plant.
- Apr 16, 2009
- 128
- 81
- Awards
- 5
- First Name
- Eric
- Apr 7, 2009
- 5,081
- 2,488
- Awards
- 10
- First Name
- Joe
Tesla hot, Added RIVN 12.30 this am. Got a full position
- May 1, 2006
- 3,907
- 2,882
- Awards
- 13
- First Name
- Alex
I'm staying away from these EV companies. Old school me is struggling to appreciate the stock market's desire to value things that aren't as tangible. Ford sells a lot more cars than Rivian and Tesla. And if Trump gets his way we are on track for cheaper gas again... V8 power please!!!
- Mar 21, 2012
- 1,117
- 1,493
- Awards
- 10
- First Name
- Ryan
I blindly copy the trades of one of the most successful stock traders of our time:
- Apr 7, 2009
- 5,081
- 2,488
- Awards
- 10
- First Name
- Joe
ya, a genius turned them into ETFs. NANC = (democrats) KRUZ = Republicans)
Two ETFs, Subversive Unusual Whales Democratic ETF (NANC) and Subversive Unusual Whales Republican ETF (KRUZ), track stock trades by members of both parties of Congress. Any investor, then, can buy these ETFs to hitch their portfolios to those in the upper echelons of government.
Two ETFs, Subversive Unusual Whales Democratic ETF (NANC) and Subversive Unusual Whales Republican ETF (KRUZ), track stock trades by members of both parties of Congress. Any investor, then, can buy these ETFs to hitch their portfolios to those in the upper echelons of government.
- Apr 29, 2011
- 527
- 285
- Awards
- 7
- First Name
- Chris
The Buffet Indicator has me on the sidelines right now in CD's and cash. Elon successfully repositioned Tesla stock as a tech company. My wife just bought one, more on that later. Rivian has promise, especially for commercial vehicles. Lucid seems like a great product, but they haven't turned the corner yet.
All that aside, does price really matter in this market? It seems like it's all about capital flows, and really there's a handful of stocks carrying the whole market.
All that aside, does price really matter in this market? It seems like it's all about capital flows, and really there's a handful of stocks carrying the whole market.
just dump it all into BTC and catch a ride
Looks like I'm too late to yolo on the HAWKTUAH train.
✨ AI Highlights
A group of automotive industry professionals share stock picks and market observations, with the original poster highlighting strong returns on Cars.com and BLNK (EV charging), while others discuss Honda, gasoline prices (UGA), and foreign automakers like Fuji/Subaru. The most substantive contribution comes from joe.pistell, who outlines the macro forces driving a historic used car price bubble — including COVID-suppressed supply, low interest rates, and stimulus money — and warns that rising 10-year Treasury rates ($TNX) are the biggest threat to automotive-sector investments. The thread tapers off with a brief spam incident and little resolution, making joe.pistell's macro analysis the clearest takeaway for anyone considering automotive stock investments.
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