Quote:
Originally Posted by M3WC
The latest red flag would be the pause of Georgia factory plans, with no timetable given to start back up. Rivian needs the volume from that plant to survive.
Also the profit margin improvements promised by end of this year needs to happen.
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The pause with the GA factory is the right move and though a red flag, is one reason why I choose to take the risk and invest in the stock. They haven't walked away from the project, they've only postponed it, likely for 5 or so years. They need to focus on production of their smaller, cheaper models and have them ready for the 2026 model year. It will be an uphill battle for a number of years. I'm a patient investor.