Higgins: Volkswagen's investment in Rivian offers a new chance at sustainability and growth
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- Опубликовано: 8 сен 2024
- Tim Higgins, Columnist at the Wall Street Journal, discusses Volkswagen's new $5 billion investment in Rivian. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/42d859g
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Without a doubt, this year will be worse than the last. I lost a lot of money last year as a result of bad investment choices that I would not have made if I hadn't been so worried about my portfolio. I kept investing, but I couldn't determine whether to start paying for a house. In the end, I sold my positions, and the house needed more work than I had planned. I'm not sure how long I can keep going like this
We've all made mistakes at some point. You should consider financial planning
True. My portfolio was diversified across several markets with the help of a financial planner, and were able to achieve over a million in net profit among high dividend yield equities, ETFs, and bonds. It is vital that you have a variety of exposure, including in firms that are currently generating cash flows.
Do you mind sharing your financial planner?
*Leah* *Foster* *Alderman*
Simply glance over her details to learn more.
How is the $1 bill convertible note with VW any different than the $3.2 bill of convertibles issued in '23? In both cases, Rivian is taking on debt, interest payments and possible share dilution (if shares move higher). With the $3.2 bill of convertibles issued in '23, the buyers just gets interest along the way. With VW, Rivian not only has to pay interest,
but Rivian also gives up its intellectural property. In summary, if the earlier convertibles were a bad idea, than this current round of convertibles with VW is also bad
Checkmate
Does this mean that misappropriated IL taxpayers funds given to Rivian by Prickster as corporate welfare gets fully refunded now?
Ask Rivian’s CEO RJ. He’s so smart…..
@GoldTau-t1bEnjoy the ride down.
It's a very good US automobile industry.😊😊
Good synergies for both VW and Rivian. Hopefully VW management won't screw it up.
Rivian is on pace to lose $6 billion in 2024. This business is no where close to even breaking even during a time of high borrowing costs. VW has taken a creditor position with rights to convert to stock. If they were actually confident in this business, they would have taken an equity position.
VW is likely positioned to go after Rivian assets if and when they go bankrupt. Exactly how long can a business lose $6 billion a year?
Rivian is amazing, mindblowing and gamechanging,game over for Tesla!
Apart from these losses you are highlighting, what else do you know about this company?
@@SupportAI309 attempting to ramp three to four new models at the same time is the root cause of the rapidly escalating cost overruns. This is the reason that more mature producers will ramp one new model at a time. They are taking a very risky route.
@harrychu650 that was not my question. I asked what else do you know about this company apart from the fact that they are making losses.
@GoldTau-t1b Ya'll need to stop the Tesla comparison. Tesla making it was damn near a miracle and Rivian doesn't have an Elon Musk. There is no next Tesla just like there is no next Apple Iphone.
Why not talk to elon/tesla and offer 5b for help
It only means that Rivian won’t be filling bankruptcy today, maybe tomorrow?
🤡 do you make money as a clown?
Tesla is the best car company ever! No gas stations, No oil changes, No smog check, No corrupt dealership, No catalytic converter and faster than a $650,000 Lamborghini!
they made a huge mistake by not partnering with Lucid
Lucid has nothing to offer VW.
@@markdc1145wrong. Lucid has better technology.
Rivian stock price 56$ soon
Thanks for the continuous update! I am super excited about how my stock investment is going so far, making over 18k weekly is an amazing gain 🥰❤️
I'm guided by mrs julian
His platform is really safe and secured, not quite long I joined his discord
she's on
telegram
@Islaju4
That's her user name