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Stockchase Opinions

Jim Cramer - Mad MoneyRivian AutomotiveRIVNDON'T BUYNov 13, 2023

The EV sector is challenged, except Tesla, because customers aren't doing that well. True, RIVN has cash to last a while.

$16.19

Stock price when the opinion was issued

$16.48

As of Jun 18, 2026. Market Open.

Automotive
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COMMENT

Terrific, but shares remain -35% YTD. Reported mixed Q4 production and delivery.

PARTIAL SELL

It's up a lot, so if you're in a profit, sell half your holding. It's a survivor in this sector.

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TOP PICK

Rivian is developing vehicles, technology, and services that inspire people to get out and explore the world. whether it’s a family camping trip or a weekend away, we provide the ultimate platform for experiencing life’s adventures. we have development centers in plymouth, mi, san jose, ca and irvine, ca. in addition to our three development locations, we have a modern, functioning 2.6 million square foot manufacturing plant in normal, il. core to delivering our vision is building a team of passionate people. we have assembled an outstanding team with a wide range of backgrounds including automotive, technology, industrial equipment, consumer electronics and aerospace. our diverse team shares an innate curiosity for the world, the ability to dream beyond today and a hunger for getting things done. we are actively hiring curious and determined individuals that are passionate about creating the world of tomorrow. Social media mentions are up 350% in the past 24h.

WATCH

Likes it, but it's losing so much money that they need to do more financing. Will watch it then decide after its second financing.

COMMENT

Have the 4th top selling EV in America and the top e-pick-up truck. Shares went public in end 2021 at the worst time and shares have been a disaster, but have doubled in the past two weeks after a super quarterly report. 

WATCH

Good reviews on products. An early show-me story. On his radar. Prefers TSLA at the moment. Movement to EVs will continue.

DON'T BUY

The revenue should be large but losses are huge. This could go down further, not helped by Tesla's disappointing numbers after the bell today.

BUY
2023 comeback story Down 85% from highs, but it has a $16 bullion market cap, but $13 billion in cash and under $2 billion in debt. They're expected to lose $10 billion over two years, but they have all that cash. He predicts a massive rally early next year.
COMMENT
The recall wasn't that major a problem, so the 8% share drop today was an overreaction.
BUY
This EV-maker has been rebounding sharply and will benefit from the IRA act just passed, because there will be huge EV subsidies to come. He prefers Tesla, tough.
DON'T BUY
Ford must sell as much as it can. So must Amazon. He doesn't want to be on the other side of anything those companies do.
SELL
It was supposed to be the top builder of e-trucks. Even Ford had a stake. But shares have fallen from $118 to $30. Then, Ford sold shares last weekend; share then fell further to $21. They reported brutal numbers after the bell today.
WAIT
Sell. There's been put activity since last Friday at . Traders are pounding these EV names. Stop back and let the dust settle first. It comes down to the balance sheets of these EV stocks. There's only so much cash floating around.
COMMENT
There's been put activity since last Friday buying at 29 strike puts that expire this Friday. Options traders are pounding these EV names. Step back and let the dust settle first. It comes down to the balance sheets of these EV stocks. There's only so much cash floating around.