{Tesla-Slayer} This Stock is About to Take Tesla's EV Crown

Also tackled in today's newsletter, what to do with the massive cash waiting on the sidelines? Find out to inside! Sponsored [ACT NOW: These Are The Top Profitable Stocks of 2023]( The stock market is currently in a volatile state, and uncertainty is rampant. However, there is no reason to panic. In fact, now is the ideal time to purchase stocks.[Go HERE to see the Potential Investing Opportunity]( By clicking the link you are subscribing to the Summa Money Newsletter and may receive up to 2 additional free bonus subscriptions. Unsubscribing is easy [Privacy Policy/Disclosures](  Accelerating Growth: The Tesla-Killer Expected to Soar in 2023 and Beyond! [Image]  Hello Stock Traders  Before we begin today’s newsletter, I'm thrilled to announce an exclusive opportunity for all our readers. Starting on June 5 at 9 AM, our friends over at Traders on Trend are hosting the "Summer Market Summit". This isn't just another market talk; it's a powerhouse gathering of 32 top-tier traders and stock market experts ready to share their unique insights, proven strategies, and unparalleled market expertise. Spaces are limited, so don't miss your chance to be part of this incredible opportunity. Learn from the best, upgrade your trading skills, and be on the right side of the market trend. See you at the Summer Market Summit! [To join, all you have to do is click this link!]( Now, moving on to our newsletter: Can you believe it? Just rewind to May 2019, when Wall Street's suits were blowing the trumpet of doom for Tesla's stock (TSLA). Morgan Stanley (MS) and Citi (C) were, in all earnestness, picturing a bleak future for the electric vehicle (EV) darling due to hitches in Model 3 production. And there we were, clinking our glasses to a once-in-a-lifetime investment opportunity. What can we say? Some of us do enjoy swimming against the current. Cut to three and a half years later. Tesla stock has skyrocketed by a whopping 1,100%, transforming a $10,000 stake into a payday in excess of $100,000. During the same timeframe, the S&P 500 has merely managed an uptick of 53.7%. So here comes the million-dollar question: how did I foresee this Tesla victory way ahead of time? There are numerous reasons, but one, in particular, tickles my funny bone. Quite simply, I was all ears and eyes, observing the world around me evolve. The year 2019 was when I first noticed a surge in Tesla Model 3 sightings. The EVs were being driven around suburban neighborhoods in San Diego, parked outside shopping malls, grocery stores, and gyms. There was a buzz about Tesla in every conversation, with many contemplating making a purchase. Fast forward to the present, and it feels like déjà vu. The same pattern is now evident, only this time, the star of the show is Rivian (RIVN). Before we delve further, let me clear the air: I've always been optimistic about Rivian, even before these observations. For the uninitiated, Rivian is an EV start-up that specializes in the design, manufacture, and sale of upscale electric SUVs and pickup trucks. The firm began delivering its first model, the R1T, in 2021. The R1T isn't your average electric pickup. It comfortably accommodates five passengers, features a 54x50-inch bed, and delivers approximately 300 miles on a single charge. It can tow a hefty 11,000 pounds and has a lightning-quick 0-to-60 mph acceleration time. The interior is draped in vegan leather, and there's a panoramic all-glass roof and a state-of-the-art audio system. Rivian successfully went public in 2021, and even though the stock had a short-lived hot streak, today, the company boasts a value of about $13.6 billion. I believe that this valuation is a steal for such a stock. In the long run, I'm convinced that premium EV stocks, such as Rivian, are poised to make exceptional multi-year investments. Given the anticipated increase of EVs from approximately 10% of car sales today to over 50% by 2030, the firms leading this disruption are likely to sell plenty of cars, reap considerable profits, and unlock substantial shareholder value. Rivian stock has several attributes that make it one of my favorites in this regard: - Rivian is a frontrunner in the burgeoning EV industry, particularly in the trucking niche. The brand has remarkable equity, supported by robust technology and an impressive first product. - Rivian has already received over 90,000 net preorders in the U.S. and Canada for the R1S and R1T, indicating strong customer interest. - Rivian's unique partnership with Amazon (AMZN) guarantees a minimum order of 100,000 electric delivery vehicles, presenting a massive long-term opportunity. - Rivian has a solid balance sheet, boasting about $11 billion in cash, equipping it to create an EV empire by 2025. The excitement surrounding Rivian is palpable. The once-rare Rivian sightings have become commonplace in San Diego. I’ve been receiving text messages raving about how cool Rivian vehicles look. Moreover, Rivian has been hitting its quarterly delivery estimates and maintaining its 2023 delivery target, a feat that no other EV startup has achieved. To put it simply, Rivian is poised to repeat Tesla's success story, making it a potential multi-bagger. For now, it’s time to sit back, relax, and watch the Rivian spectacle unfold. It promises to be a thrilling experience!  Trade safe!  -James  Coming Up Next: With uncertainty in the markets leading to an unprecedented amount of cash in the sidelines, what is the best strategy for this? Find out in the article below!   SPONSORED 🔽 Sponsored [A 100% Win Rate In 2022… Over The Past 6 Years...]( The next 10 minutes could change your life. We’ve recorded a special sit-down interview with a reclusive millionaire who details how he’s closed out winning trade after winning trade throughout the volatility of 2022. In fact, he hasn’t closed a single losing trade since 2016. Sounds impossible? It’s not - and he’ll prove it to you. [Click to see this exclusive sit-down interview.]( [Privacy Policy/Disclosures]( BlackRock Aims to Take Advantage of Massive Cash Waiting on the Sidelines Imagine this: investors are sitting on a mountain of money - the likes of which are unprecedented. Rick Rieder, the Chief Investment Officer of global fixed income at BlackRock, recently underscored this during a media briefing at their New York office. Picture Scrooge McDuck diving into his vault - it's almost like that, but replace the gold coins with crisp dollar bills. Why are they sitting on this cash, you might ask? Simply put, it's uncertainty. The slowing U.S. economy and the ongoing debt-ceiling debate in Washington are causing investors to hold on to their cash like a frightened kitten to a tree branch. Stepping into the role of the hero, Rieder has launched the BlackRock Flexible Income ETF (BINC), where he flexes his portfolio management skills. Imagine him as the sherpa guiding investors through the rocky terrains of the investment landscape. Debt-ceiling talks? He's not losing any sleep over it. According to Rieder, there's a very high probability of a deal being struck before the deadline, keeping a potential U.S. default at bay. That would be a massive relief, wouldn't it? After all, if the U.S. defaults, it would have a significant impact on the market since Treasury bills act as global collateral. His goals with BINC? He's gunning for a yield just shy of 7%. Rising interest rates over the past year have made this target achievable with less risk than at the end of 2021. Rieder intends to seize opportunities and delve into the more complex corners of fixed-income markets, even into the murky realms of mortgages and collateralized loan obligations. Now, let's talk economy. Rieder, the eternal optimist, believes the U.S. economy is healthier than the common consensus. Slowing growth doesn't equate to an impending deep recession, he says. With a low unemployment rate, wage growth, and excess savings, he has his reasons. Fed rate hikes? He predicts a pause, like a conductor signaling a breather in the orchestra. The inflation rate has been decreasing, despite being stubborn in core services. And while the Fed has been aggressive with rate hikes in a bid to manage high inflation, Rieder believes we're nearing the end of that chapter. And what's next on BlackRock's agenda? They've announced the launch of the BlackRock Large Cap Value ETF (BLCV), with Tony DeSpirito steering the ship as the lead portfolio manager. Their active ETF lineup is like an expanding universe, with Rachel Aguirre, head of U.S. iShares Product at BlackRock, proclaiming it's just the beginning of the game. But amidst all this, Tuesday wasn't a great day for the stock market. Debt-ceiling worries resulted in the Dow Jones Industrial Average and the S&P 500 dropping by 0.7% and 1.1% respectively, and the Nasdaq Composite, being more dramatic, slumped 1.3%. On the bond market end, the yield on the 10-year Treasury note fell 2.1 basis points, and the 2-year Treasury yields rose 1.5 basis points. And Treasury Secretary Janet Yellen? She's biting her nails over the "X-date" – that's when the U.S. could breach its debt ceiling and potentially run out of cash. She expects this could happen as soon as June 1st. In short, the investment landscape seems to be a chess game right now. Investors are cautiously eyeing their next move, while the giants like BlackRock are strategizing their path forward. For now, I suppose it's best if we all sit tight and watch the market's intriguing dance unfold.   Disclaimer:  The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein.  Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment.  Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio.  Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit tradersontrend.com/terms for our full Terms and Conditions.  COE MEDIA.   1126 S Federal Hwy Unit #827   Fort Lauderdale, FL 33316 [UnsubscribeÂ](  [Privacy Policy](