RIVN - Rivian Automotive Inc.

Failed breakout, rolled back into stage one; not a current buy, but could be monitored.

Rivian has a negative cash flow margin of -45%, burning billions.

Cited as an example of EV manufacturers losing money — $40,000 per vehicle sold — highlighting the profitability challenges in the EV sector.

Felix discusses Rivian's past performance and warns about buying at the wrong time.

Cited as another IPO that followed the pop-and-dump pattern. Joe notes it may be bouncing off support but calls it a dangerous place.

Cited as down 92% as an example of buy-and-hold destruction

Upgraded by TD Cowen to buy with strong demand expected for the upcoming R2 midsize SUV launching Thursday. A $1.67 million big money call option trade was placed at the $18 strike expiring June 18, 2026. The stock is testing resistance for the second time and could break out.

Host is surprised by Rivian's 27-30% gain and expresses skepticism about the EV market under the Trump administration. He explicitly states he doesn't want to play in the EV manufacturer space.

Host mentions Rivian is up 10% to $22.40. He was pitched on it at $14 at Robinhood Summit but didn't buy - acknowledges his loss.

Host notes Rivian 'skyrocketing' and breaking above the $12-13 range. He had considered buying when looking at the R2 but 'never did pull the trigger.' Acknowledges it's 'clearly not the next Nvidia.'