Total Deal of $5B. Amazing❤️ “Volkswagen will initially invest $1 billion in Rivian, with up to $4 billion in additional investment planned, totaling $5 billion.”

TeslaSmurf : NOT EXACTLY :
VW said they will pour ONE billion by the end of the year.
Then, depending how it goes, they may invest other three and maybe more.
SURE MONEY 1 billion… MAYBE… by the end of the year.

I shorted it at 18,87$ nearly +60% in the aftermarket: ENOUGH is ENOUGH.
The REALITY CHECK is tomorrow: I will make a little or a ton of money

Jaguar8 OP TeslaSmurf : Sorry I don’t deal with shorts. You will be blocked

ZnWC TeslaSmurf : Back in July 2023, XPeng's stock experienced a significant surge following the announcement of its joint venture with Volkswagen. At the time of the announcement, XPeng's stock price was around $15 per share. Following the news, the stock soared by 26% ($23.62), reflecting investor optimism about the strategic partnership. As of today, XPeng's stock price is approximately $7.94, indicating a substantial decline from its post-announcement high! Based on this precedent, it is logical for investors to think the Rivian stock is heading to sell-off soon.

Also previous VW partnership with another company ended in failure.

Warning: Volkswagen investing in Rivian and Xpeng may end up in failure
https://www.moomoo.com/community/feed/112683854397446?share_code=015YxS

Jaguar8 OP ZnWC : Key is not to hold and just play for quick profit and not holding for the moon.

Trytosaveabit TeslaSmurf : Well if you’re going to correct someone? You should correct fully with all the information! Hehehe.             Group plans to invest up to $5 billion in electric vehicle startup Rivian, starting with an initial investment of $1 billion.

The additional $4 billion is expected by 2026. It includes plans for $1 billion each in 2025 and 2026, followed by $2 billion in 2026 related to an expected joint venture to create electrical architecture and software! Hehehe

Jaguar8 OP Trytosaveabit : Thank you for expounding on it way clearly. And I have posted too why both companies are benefiting from this JV. Again, for me, I will trade for sure profit and won’t hold and will just re-play when there is again another buy pressure

Trytosaveabit Jaguar8 OP : And that’s they way to build a nice, smart account! Love it brother