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On June 25th Rivian announced it will be receiving up to $5 billion of investment from the Volkswagen Group. The stock market initially reacted positively to the deal. But what does it actually mean for the struggling EV start-up?
Previous Rivian videos:
• Why The R2 Won't Save Rivian
• What Ever Happened To Rivian?
• Rivian, The Biggest Bubble In History?
Nothing in this video is investing advice, we are giving our own opinions based on publicly available information. We may have positions in any stock mentioned in this video and may change any position at any time without notice. Please do your own work and consult with a financial advisor before making any investment decision.
0:00 - 1:46 Intro
1:47 - 2:40 Rivian background
2:41 - 7:40 VW investment
7:41 - 12:07 VW’s motivation
12:08 - 21:12 Fantastical path to break even
21:13 - 24:47 Liquidity
24:48 Discussion
#rivian #volkswagen #electricvehicle