Rivian Stock Rises on Volkswagen's $5 Billion Investment

The true motivations behind Volkswagen's move – is it really about Rivian or more about VW's own software ambitions? ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ Unsubscribe Good Evening, Rivian Automotive NASDAQ: RIVN is a prominent name in the electric vehicle (EV) market. Rivian’s stock price recently witnessed a nearly 60% rise following an announcement from the company. This surge was fueled by news of a substantial investment from the Volkswagen Group OTCMKTS: VWAGY, signaling a significant vote of confidence in Rivian's potential to disrupt the automotive industry. Rivian operates in a rapidly growing market sub-sector and has been grappling with profitability and production challenges. This strategic partnership with Volkswagen could be pivotal for the EV maker, providing the resources and expertise needed to reach its full potential. But is this surge here to stay or is it just a knee-jerk reaction to the news? Watch our latest analysis here. Have you taken a look at these reports yet? Check out WFC chart (Ad) From DTI: I'm about to go head-to-head with Wall Street… Exposing one of their BEST kept secrets… A secret that they've kept hidden in the dark for YEARS… And according to the backtest, it's already shown the power to pay out… 28%... 41%... Even 83%... Not in a year… Not in a month… But in just 24 hours… You gotta click here because I'm about to show how to spot what could be the next one. It's now possible to know the win rate of every trade… BEFORE you take it! (Ad) From WealthPress: Would you like to know the historic win rate of every trade you take before you place it? Well, it's all possible with these FIVE Candlestick Pattern Cheatsheets. >> You can grab your FREE, laminated copies right here << Under-the-Radar Cryptos for HUGE Gains (Ad) From Crypto 101 Media: Are you monitoring 13,217 cryptocurrencies everyday? If not, you could miss the ONE that can make you wealthy beyond your wildest dreams. Just take a look: Claim your free seat by clicking here now. The asset beating inflation by 4x (Ad) From Colonial Metals: Central Bank Gold Heist In Progress Central banks are buying gold at record rates... and billionaire investors are buying right along with them. Even Warren Buffett put over $500 million into gold. And with the help of a tax and penalty-free "Trump Loophole, " these investors are investing retirement into gold and other precious metals without having to put up any of their own cash. In our Free Retirement Protection Kit, we reveal all the details on how the rich use this loophole to protect and growth their retirement wealth in any economy…and show you how you can use it too. Click here to get your free copy today. 2024's Must-Watch Stocks! (Ad) From Darwin: Welcome to a year of unparalleled opportunities! Dive into our exclusive guide, "9 Stocks Set to Soar," meticulously selected to elevate your portfolio in 2024. Step into 2024 with confidence and the right assets at your fingertips. Click below to opt-in and receive up to two additional free bonus subscriptions. Unsubscribe at any time. [Unlock Your Report Now] William Bushee MarketBeat

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