Can a Tie-up with VW Save Rivian?
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- čas přidán 10. 07. 2024
- Volkswagen is investing $5 billion in the EV startup Rivian. The company has been burning through cash as it struggles to ramp up production. Bloomberg's Ed Ludlow reports.
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I have some concerns about the multi-license scenario. As a manufacturer, I believe they are a strong niche player in the SUV space. The question is how they will continue to grow as a manufacturer and become a stronger competitor to Tesla.
Hmmm are we sure it’s not the other way around.
Exactly.
VW would love to fold Rivian into their North America product lineup. No other manufacturer needs Rivian as much. Ford had a big stake, but bailed when their lightning truck outsold Rivian.
Rivian platform is a good match with VW. Audi desperately need’s a new platform.
Elon needs help with his drug addiction.
A Tie Up?
Amazon is rivians lifeline
Also, AT&t , meevco, vw, google integration, and other unannounced deals that are not mentioned yet, and you will still own tesla as a cult follower
Tesla is an ok EV manufacturer, but they are not an Automotive company according to Elon. Rivian is a true EV and automotive manufacturer, building vehicles and technology from scratch with precision and with customer's thoughts in mind. And they also have a dream team consisting of Apple and Tesla engineers, Meta/Facebook marketers, Porsche and Mercedes ex-CEOs behind the commercial side.
Current Porsche, Audi, BMW SUV ICE customers are gonna be lining up soon to trade in their vehicles for a Rivian R1/R2/R3.
Volkswagen is taking note of Rivian, and they want in. Simple business growth tactics.
I think some people are reading things into the VW investment that simply aren't there. Per Rivian's press release, "Initially Volkswagen Group will invest $1 billion in Rivian through an unsecured convertible note that will convert into Rivian’s common stock subject to certain conditions upon the later of receipt of regulatory approvals . . . Volkswagen Group is expected to invest a further $4B as part of the transaction." As I see it, $1 bill is in the form of convertible notes that Rivian has to pay interest on. Then VW secures all of Rivian's patents and tech. Then possibly, but probably not, another $4 bill for r&d-type activities. All this talk about VW starting to produce Rivian's vehicles, VW buyout of Rivian or anytihng more than what has been disclosed is just wishful thinking. In summary, VW's cash injection via a loan won't stop Rivian's path to bankruptcy; as Rivian loses about $1.5 bill/qtr. VW gets Rivian's tech. Rivian's interest expense goes up. Rivian continues on its path to Ch 11. And VW loses all of its principal
This guy is a short seller typing the same thing on all videos of Rivian . Those shorts must be burning pretty bad Lenny
@@Rx100Vx😂😂
VW should have paired up with Tesla they have the best software and self
Driving software
Lol nobody wants to work with Tesla. Why would they?
@@juanmortaco831 only leftards think that way. All Elon's companies are getting bigger, and bigger. The guy is a genius. #triggered
Tesla doesn't need any help from VW
@@caydenthompson126 no but VW needs Tesla. Would be good for us stock holders
@@Anthony__420 Tesla would be a fool to partner with VW. What's the upside for Tesla? They have the tech, cash, and market cap.