RIPian

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Remember Rivian? The car company that had sold ZERO production vehicles and had a market cap greater than VOLKSWAGEN? That Rivian? Yeah, that one. They’ve lost 50% of their value in the past seven weeks. It’s probably still overpriced by the formula (PRESENT MARKET CAP) minus (100 hundred U.S. dollars). New lifetime lows. Lots more coming. Here is RIVN presently:

slopechart RIVN