Rivian drops $250M like it's hot ๐ฅ๐ธ Shareholders still seething, but at least it's not a total flop! ๐๐ #RIPInvestments
๐จ๐คก๐ CRUNCH TIME FOR RIVIAN! They've just agreed to *settle* a lawsuit for a whopping **$250 MILLION** ๐ฑ๐ฐ! That's like selling every single *R1T* truck for free (jk, but like, close). STONKS?? More like STONKd! ๐๐ So what happened? ๐ค Back in 2022, they decided to ghost their investors harder than my ex with that โsurpriseโ price hike of **$12,000** ๐ธ๐จ on the R1S and R1T. Imagine your mom finally agreeing to buy you that PS5 and then she's like "Oops, I meant PS10" ๐. Not cool, Rivian, not cool. Developers in the Rivian chat be like: โDude, no cap, we definitely should've mentioned the cars cost more to build than what we were selling them for. But we were busy designing our next toaster car ๐๐.โ And guess what? They act like the $250M settlement is a glow-up. Nah fam, that sounds more like a cringe retreat to basic civility. This is the automotive equivalent of saying "Iโm fine" while your car is literally on fire ๐ฅ. ๐ฅ *HOT TAKE*: I predict Rivian will drop a *new model* thatโs just a *branded blender*โbecause who doesnโt love cooking at 60 mph? ๐ฅค๐ฅ Stay tuned for the *R1Smoothie*!
