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$RIVN 15 DOLLARS AFTER EARNINGS ? NASDAQ:RIVN 15 DOLLARS AFTER EARNINGS ? Rivian Automotive has confirmed that its next quarterly earnings report will be published on Tuesday, May 7th, 20241. The earnings conference call is scheduled for 5:00 PM Eastern on the same day1. Stock Price Movement: As of now, Rivian’s stock price stands at $9.21 per share1. The stock has been volatile, and investors are closely watching its performance. Market Expectations While Rivian has faced challenges, including supply chain disruptions and production delays, the market remains optimistic about its long-term prospects. The company’s plans to expand its fast-charging network and its innovative electric truck and SUV models have garnered attention. Keep an eye on Rivian’s stock price after the earnings report. If the company delivers positive surprises, we might see movement toward your mentioned target of $15 per share. However, stock prices are influenced by various factors, so it’s essential to stay informed.
NASDAQ:RIVNLong
by NYRUNSGLOBAL
4
NIO Inc. (NIO, BUY)COVID Lockdowns Weigh on 2Q Guidance; Set to Recover in 2H Maintain BUY and Decreasing PT to $35 NYSE:NIO We are maintaining our BUY rating and decreasing PT to $35 (was $40) after NIO reported in line 1Q:22 revenue, with margins below expectations. With 1Q deliveries (25,768) preannounced, investors primarily focused on 1Q margin, 2Q guidance and 2H outlook. Vehicle margin declined to 18.1% in 1Q, down 310bps y/y and 280bps q/q, 136bps/86bps below Tiger/consensus, mainly due to increased battery cost and revenue mix shift. The company guided 2Q deliveries to 23,000 – 25,000, decreasing from 25,768 in 1Q, primarily due to supply chain disruptions caused by COVID. Despite the supply-side constraints, NIO's order intake reached a record-high in May, suggesting robust demand. 2Q vehicle margin should further decrease from 1Q, as battery cost, which peaked in April, is now linked to raw material price based on the new procurement agreement with the supplier. Although NIO increased prices by RMB 10K for all models in May, 2Q deliveries are still pre-price-adjustment vehicles. However, as production recovers in 2H and battery raw material price declines, gross margin should start to recover in 3Q. NIO will start delivering ET5 in September, and ES7 in August. NIO plans to start delivering the mass-market brands in 2H:24. Overall, beyond the temporary supply chain constraints, we see robust volume and margin recovery in 2H as NIO starts to deliver two new NT2.0 models (ET5 and ES7) with higher gross margins. Current valuation of 2.0x '23E sales is also attractive compared with TSLA's 7.2x. Maintain BUY.
NYSE:NIO
by TigerBrokers
Tesla update The so-called "phantom braking" problem is being looked at by US regulator the National Highway Traffic Safety Administration (NHTSA). It received 354 complaints in the past nine months and its investigation will cover approximately 416,000 Tesla Model 3 and Model Y vehicles from 2021-22. Drivers say the issue occurs using the Autopilot driver assistance system. The feature gives the vehicle control over some elements of braking and steering when driving, although it is not a substitute for a human driver. Despite the name, Tesla recommends drivers remain vigilant and supervise their vehicle, noting the Autopilot ADAS system "does not make the vehicle autonomous". Tesla is currently under investigation by the NHTSA over two other matters. In December 2021, it disabled its Passenger Play feature that allowed games to be played on its touchscreen while the car is in motion, leading to an open investigation covering an estimated 580,000 vehicles. And last August, the NHTSA started to look into the role of the Autopilot system in 11 crashes involving emergency vehicles, covering approximately 765,000 Tesla cars.
NASDAQ:TSLALong
by Kristi84807
NIO:NYSE - SuperTrail and Trade Station working togetherLot happening in this chart of NIO, but thought I'd just show you how a live trade looks in TradingView using Trade Station. You can see on the right hand side where I bought the stock (added automatically by TradingView and doesn't move), and where my current stop loss is set (this one I can adjust and move up and down to change my stop). I could also add a take profit (also adjustable) if I wanted to try and take advantage of spikes - like in this case where it spiked just short of $21 before pulling back. You can see at a value of 20% for a SuperTrail / Trailing Stop Loss where I have entered and exited the trade (as confirmed by the Trade Station buy line). You can also see the approximate gains made if you had trusted and followed the trail. I think its interesting how before and after the buy and sell the 20% signal remained true for this period. Best thing I like about the trading integration with Trading View is how easy it is to visualise where your entry and exits are, and you can literally just drag the line up and down to change your position. Its cool. I like it.
NYSE:NIOLong
by zAngus