HERE IS HOW TO PROFIT FROM VOLKSWAGEN INVESTMENT IN EV MAKER RIVIAN – CHANGING EV LANDSCAPE
By Nigam Arora & Dr. Natasha Arora
The job of an investor and trader is to profit from the news. The news of investment by Volkswagen (VWAGY) in EV maker Rivian (RIVN) has provided such an opportunity.
Start by understanding that there are three parts to the investment:
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There is a $1B initial investment.
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Volkswagen may make a total of $5B investment in Rivian.
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The two companies will set up an equally owned joint venture focused on software and architecture.
The Trade
Please click here for a chart to understand the trade.
Note the following:
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The chart shows the Arora buy zone provided a nice entry.
June 26, 2024