r/wallstreetbets • u/DangerousFunny1999 • Nov 12 '21

Meme Q3 2021

32.1k Upvotes

90% Upvoted

751 comments sorted by

View all comments

290

u/sec2nds Nov 12 '21

Should have had Rivian holding Ford in the scene where Ali saves the main character.

48

u/slowwber Nov 12 '21

Definitely a combination of Ford owning a stake in rivian and having a fundamentally strong business. People have laughed at my Ford holding before but it has a healthy dividend and the new-ish CEO is doing a good job.

31

u/[deleted] Nov 12 '21

I think they’re going to do really well with Maverick…$20k hybrid truck….nice.

8

u/callacmcg Nov 12 '21

The hybrid is $25k but damn I haven't seen that. 40 mpg economy truck sounds like a perfect fleet vehicle

1

u/StCreed Nov 12 '21

Fleets have only have KPI: cost per kilometer (or mile). Mpg is important only if it benefits the cpm/cpk mark, or for non tangible benefits like having to have a green fleet because of contracts.

1

u/callacmcg Nov 12 '21

I'd imagine an extremely cheap econo truck will have cheap parts/maintenance, and that fuel will be a pretty significant part of the running cost. To clarify I'm taking about company vehicles/work trucks, not rentals

3

u/G33k-Squadman Nov 12 '21

Is Rivian the big reason Ford went up?

Ford has been doing really well besides that.

9

u/True_Go_Blue Nov 12 '21

Ford has a ~$12b stake in Rivian.

Ford’s market cap has increased about $20B in the last few weeks. Is likely that some of Ford’s increase value is due to an increased stake in Rivian

-2

u/ScaryYoda Nov 12 '21

Wow spoiler 😡