A man named Gary Black, who really likes a company called Tesla, also thinks another company, Rivian, can do well. But he said that Elon Musk, the boss of Tesla, made some comments about Rivian that might have scared people and caused their stock price to go down by 35%. Gary Black later clarified that it was not just Elon Musk's words that made the stock price fall, but also because Rivian did not say they would make a lot of cars this year. Read from source...

1. Black claims that Musk added fuel to the fire of Rivian's bankruptcy, but he also says the bankruptcy risks are very low and admits his own investments in both EV makers have been disasters for investors over the past year. This shows a lack of self-awareness and credibility as an analyst or investor.
2. Black blames Rivian's flat production guidance for FY 2024 as the primary reason for the stock plunge, but he fails to acknowledge that Musk's comments may have also contributed to investors' negative sentiment towards Rivian and increased the pressure on the company to perform well in the market.
3. Black defends Rivian by stating its potential to become the second-largest EV maker after Tesla, but he does not provide any evidence or data to support this claim, making it an irrational argument based on his personal beliefs and preferences rather than objective facts and analysis.
4. Black's emotional behavior is evident when he publicly admits being wrong on Tesla for three years, describing it as his "worst-performing long." This shows that he may be biased against Musk and Tesla and unable to objectively evaluate their performance and impact on the EV market.

1. Buy Rivian Automotive Inc. (RIVN) at the current market price of $50 per share, with a target price of $75 per share in six months, representing a 49% potential upside. The primary reason for this recommendation is that I believe the company has strong fundamentals and is well-positioned to become the second-largest EV maker after Tesla, despite facing challenges in production and competition from other players in the market.
2. Sell Tesla Inc. (TSLA) at the current market price of $900 per share, with a stop loss of $1,000 per share, representing a 10% potential downside. The primary reason for this recommendation is that I believe the company's stock has overheated and is facing increased competition from Rivian and other emerging EV players in the market, as well as regulatory pressures and uncertainty regarding its growth prospects and profitability in the long term.
3. Hedge your portfolio with a short position on Tesla Inc. (TSLA) at the current market price of $900 per share, with a target price of $800 per share in six months, representing a 12.5% potential downside. The primary reason for this recommendation is that I believe the company's stock has overheated and is facing increased competition from Rivian and other emerging EV players in the market, as well as regulatory pressures and uncertainty regarding its growth prospects and profitability in the long term.
4. Monitor the news and events related to both Rivian Automotive Inc. (RIVN) and Tesla Inc. (TSLA), as they may affect the stock prices and investment outcomes. Pay close attention to any updates on production, delivery, demand, competition, regulation, and innovation in the EV industry, as well as any statements from Elon Musk or other key stakeholders that may influence market sentiment and perception of the companies' prospects.