(800% ROI) RIVIAN IS A BETTER INVESTMENT THAN TESLA STOCK?Jul 04, 2023
In two weeks of trading, this specific
stockhas gained almost a 50 percent return on
investment, so this is the part that I think is pretty crazy because of cryptocurrencies and because of all this I think they call them coins or altcoins. My apologies for the language, eh, but. We become very desensitized to big profits or big returns. Right now, Revision
stocks are doing something that is quite impressive and this is just my opinion, but very quickly, in this one hour time frame, we can see this incredible rally that it has had. from lows of 13.30 to the current ties of 1970.
Now looking from the overall lows to the current highs, this thing would offer a return of almost 50 or, as you can see in this little trend line tool, uh 47 48 Roi from overall lows to overall highs now, of course, that's on perfect paper, there is no such thing as a perfect trader, a perfect
investment, but the reason I wanted to talk about this is that the news that was announced today was pretty solid. . I mean, I talked about Tesla and they exceeded expectations, but the rivion news is also something to talk about right now, right where rivion exceeded analysts' expectations for the number of vehicles they actually delivered, 11 were expected to be delivered 000 vehicles within this specific quarter and it was actually 12,640 vehicles delivered, you know, this really compares to Tesla and again, compared to the two, Tesla stock is up 6.9 percent, but obviously it has been in a very bullish uptrend where rivion stock is the complete opposite.
I mean, let's be honest. We can't just talk about all the good and none of the bad. The truth is that Rivie's stock has been shit. I mean, he's been really shit since hitting highs of 179. He's been showing signs of lower highs and lower lows and we. I haven't really been able to trade above the moving average on the daily chart and the reason I'm doing this to you is because I never like to make videos on overhyped stocks, but this time we are getting very close to this move. average and we have never broken it properly, so again the patterns tend to repeat, it is not always necessary that at this time the moving average should still act as a resistance, but now it seems that some of the fundamentals, especially with the deliverables, are actually knowing it or at least being enough for the real hype that something like rivion or something like Lucid has always been presenting, everyone always wants to be the double or the next Tesla, but we have seen it time and time again with Nicola, they fail right now, it's rivion or maybe it's Lucid, right or maybe it's nio, nobody knows, but the reason I wanted to talk about this is because a lot of people look at Tesla stock, you know they're great stocks in the to invest, but Tesla is already fine. established that it is the leader in the market, therefore in a perfect world, I mean, even Elon Musk has said it himself, where the majority of its market cap valuation in the next five to ten years is based on what Elon Musk said during his Tesla cyber briefing. that he set an expectation that he believes that Tesla will become the most valuable publicly traded company, but it is not because of its vehicles, but because of its Optimus robot.
He believed that he will be completely transformed and truly begin to present a need that the world does not have. I don't even know yet, for it to be the most valuable company, you heard recently that Apple said that a $3 trillion market cap means Tesla would have to slightly triple the ROI of its 300 percent valuation. current. more than 3x, almost 4x as it sits at 886 billion, so it must be a little over three times more if we look at Rivion correctly and again, this is all hypothetical because we don't know what the next major competitor will be.
Tesla is the way I was thinking about this and again let me know in the comments section, this is just me thinking out loud. I thought I'd make this video, it's the 4th of July so I hope you find it kind of interesting, but the thing. What I find so interesting is that Tesla is at the top of what it can really do in this car market and how it has innovated the market, there is no doubt that from its original mission of trying to change the market and the way it Cars are made Elon has been successful, Uber is successful, not only because you know the richest man in the world, but with what he has, his mission statement was correct and that is to change from a combustion engine to now an electric motor .
I feel the potential for growth. for Tesla for vehicles, yes there is growth potential there, but we are approaching the potential peak just when it comes to something like rivion or nio or what is the other one. Lucid, I mean these companies if they end up being one of your main ones. competitors, there can be much more margin with them, right? Even in a perfect world we're not talking about the next five or ten years, but right now we don't know how long it's going to be. take or if it will ever reach this price, but if we look at its previous highs of 179 and its current price, this is after a return on investment of almost 50 in the last two weeks, a return of 805, which is eight times its current market. cap valuation, obviously, we're trading completely below the moving average, obviously, this still has a lot more to prove, but I think it's eye-opening for me, because now we all look at Tesla and, to me, Tesla is like one of the most valuable publicly traded companies is almost one of the few that almost has a trillion dollar market cap, I mean Apple has three trillion, but Apple has been here for a long time, it's a little different with Tesla, TRUE?
Tesla, there is In my opinion, there is no doubt that the world is the leader. When it comes to electric vehicles, they are leaving the industry and it's not just about the cars that they make, but I think a lot of that valuation is based on their software, the data that I've collected and how they will continue to try to innovate the market. now okay, well maybe when it comes time to reveal Lucid or nio, these companies are a little newer so maybe they'll offer a little more of an early offering when it all comes down to growth potential, but oh so Of course, everyone can fail.
I just thought it was an interesting topic to talk about because being able to capture this action right now at 19 years old, who knows, maybe in 5, 10, 15 years, what if it gets revisited? It's, you know, fifty dollars, sixty dollars, I think it's still going to be really eye-opening to look back and say, wow, you know, Ravion is actually still here, they're still trying to work for their share of the market. and they are a leading competitor to maybe Tesla, right? I thought about talking about it. I think based on those deliveries, it seems like there are specific types of demand.
Does it compare to Tesla? Well, definitely. it's not right, I mean, we showed you how much their deliveries showed, you know, and it showed that 12,640 vehicles were delivered, uh, but when we're talking about Tesla, we're talking about hundreds of thousands of Teslas, so I mean that 10 times what rivion is doing is what Tesla is actually doing and their market cap right now is $18.37 billion so it's food for thought again, something I'm going to play, uh, Paying close attention, I think it is very overbought right now according to the RSI. I'm actually into recent patterns so I'm excited to see if we actually start trading above the moving average, but if we get back down to uh 13, which is something I'm waiting for.
I'm going to be paying attention and watching as time goes on, so I really appreciate you taking the time, I hope we're in the clear. I want to remind you when it comes to being able to watch me trade live every day. Trade live every morning on Market open and it's designed for beginners, so if you've ever wanted to see what it's like to watch someone Buy, Sell, you know, cut losses, lock in profits. I do this every day exclusively with my LBP. team, if you want to learn more about this, we are having our biggest sale right now and it's the second link in the description below, don't rush if you're not ready but have a couple of questions, send me a direct message. send a message via Discord and that's the first link in the description below.
I really appreciate your time and as always, let's make sure we're in the green honor year, now take it easy, team.
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