TL;DR
Rivian’s profit dream smells fishy. Desperate investors clinging to hopium might get burned. Remember Enron.
Story
Rivian’s whispers of profit? Sounds like a siren song. Remember the 2008 subprime crisis? Slick promises masked toxic loans. History doesn’t repeat, but it rhymes. Let’s dissect this.
Rivian burns cash faster than a wildfire. Suddenly, a profit miracle? Color me skeptical. Their ‘plan’ hinges on slashing costs. How? Magic? More likely accounting tricks. Think Enron’s off-book partnerships–‣ Off-book partnerships: Hiding debts to appear profitable. Poof, illusion of profit. Bam, investors fooled.
Look at the Reddit chatter—blind faith mixed with desperation. Some betting their life savings. John, a retired teacher, poured in his nest egg hoping for a quick buck. Now he’s praying for a miracle. This isn’t investing; it’s gambling.
Someone whispers “Joe” at the earnings call? Joe who? Irrelevant. Focus on the fundamentals: massive debt, shrinking demand. Like a house of cards, one bad gust (missed targets, production hiccups) and it all collapses.
Analysts touting “growth potential”? They’re paid to hype, not inform. Remember the dot-com bubble? ‣ Dot-com bubble: Companies with no profits valued at billions. Hype inflates, reality deflates. Same story, different decade.
Advice
Due diligence trumps hype. Research before investing. ‘Guaranteed’ profits usually aren’t.