Bezos wants rivian to be a meme stock like tesla but it ain't gonna happen. That's so fetch.
The amzn, rivian circle jerk, amazon spends to buy rivian, rivian reports sales, Amazon writes off cap ex spending, win win. Like the Nvidia /tsmc or Microsoft /open AI circle jerk but worse.
I am buying more semi conductor and AI small caps. I would buy BYD as well, but no interest in American car companies for the reasons I previously mentioned. I don't underestimate the potential to moon just based on Amazon being the backer but I also know Amazon is a cheap ass fucking company and that's really the only hope this company has is that Amazon siphons off some of its 2.7 trillion market cap over to rivian which could happen but probably not, however if the company drops below like 8-10 billion market cap I will definitely consider buying in.
Anyway best of luck I don't have any investment in seeing rivian fail so if you do well then more power to you just don't be obnoxious about it and I will try to do the same