Nelson: RIVN Can’t Compete with GM, Etc. on Expenses, Profit Uncertain

Garrett Nelson goes Inside Out on Rivian (RIVN), explaining his Sell rating. He’s skeptical if RIVN can achieve a profit in 4Q like they’ve forecast. He thinks estimates are too high, and the stock has run up too much to be supported by the company’s fundamentals. Tom White shows example options trades on RIVN and Tesla (TSLA).

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