Volkswagen investing $5 billion in Rivian

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  • Опубліковано 24 чер 2024
  • CNBC's Phil LeBeau joins 'Closing Bell Overtime' with breaking news on a joint venture between Rivian and Volkswagen. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/42d859g
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КОМЕНТАРІ • 69

  • @shellywhite2145
    @shellywhite2145 3 дні тому +203

    I've been an investor in Apple because I strongly believe in the company. I've always believed in the stock, but now I don't know whether to re-distribute my $70k portfolio and put some money in Nvidia, especially now that we are experiencing a market correction..

    • @hh-uv7kr
      @hh-uv7kr 3 дні тому

      Both stocks have a long term potential. The most important thing is the ratio of the distribution based on the financials of each company. There are many other companies that are also doing well. You could just hire a financial advisor to guide you.

    • @hh-uv7kr
      @hh-uv7kr 3 дні тому

      A financial advisor really does help me do the distribution even between different asset classes. I don't even understand technical financial terms much. I just know I make really good profit, and I don't have to stress myself a lot.

    • @shellywhite2145
      @shellywhite2145 3 дні тому +1

      I've got similar problems and I have also considered using an FA but I don't know how to go about it. Please, what are the steps for getting one? Like a really good one.

    • @hh-uv7kr
      @hh-uv7kr 3 дні тому +2

      Ashley Airagahi is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.

    • @shellywhite2145
      @shellywhite2145 3 дні тому

      Thank you for the recommendation. I'll send her an email, and I hope I'm able to reach her and connect.

  • @NewtonNuggets
    @NewtonNuggets 3 дні тому +12

    I own r1s. Best car Ive ever owned

  • @andrerodriguez7603
    @andrerodriguez7603 3 дні тому +15

    That’s great for Rivian, I hope they can survive.

    • @ALY-id1nv
      @ALY-id1nv 2 дні тому

      Compre a 10 bro. ¿Crees que volvera a los 100$?

    • @GoldTau-t1b
      @GoldTau-t1b 2 дні тому

      Bezos says they can

  • @certifiedrodgers
    @certifiedrodgers 3 дні тому +14

    I got rivian at $8

    • @GirlytheCorgi
      @GirlytheCorgi 2 дні тому +2

      In at 8.50. Will hold for years.

    • @GoldTau-t1b
      @GoldTau-t1b 2 дні тому +3

      Just bought at $11. Hold til hits IPO price

    • @GirlytheCorgi
      @GirlytheCorgi 2 дні тому

      @GoldTau-t1b I have RSUs coming in and I'm locked in 15% espp at 8.50

    • @alexanderredlin8493
      @alexanderredlin8493 2 дні тому

      I bought in at 13 let’s see some money gents

  • @JeremyIrving1
    @JeremyIrving1 3 дні тому +8

    Rivian is wicked

  • @luckylenny
    @luckylenny 2 дні тому +2

    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

  • @chintandobariya472
    @chintandobariya472 3 дні тому +3

    Best deal and win win situation for both. Tesla had Mercedes and others in early days. All support coming to Rivian now 🚀

  • @commonsense504
    @commonsense504 2 дні тому +1

    So this must mean the IL taxpayer subsidies sustaining them that Prickster gave them illegally will now be refunded right?

  • @press1to
    @press1to 2 дні тому +3

    Rivian 🚀🚀🇧🇷

  • @naavi786
    @naavi786 2 дні тому

    There is no Other SUV in the market like Rivian SUV. You can't go wrong with it.

  • @MadisonFalco
    @MadisonFalco 3 дні тому +3

    I’m excited!

  • @AH-fm7rj
    @AH-fm7rj 3 дні тому +12

    Volkswagen is not a car manufacturer anymore. It is a venture capital for car industry. They literally gave up on investing in in-house research and development.

    • @itisim
      @itisim 3 дні тому

      Shut up

    • @almac9203
      @almac9203 2 дні тому +1

      They made a profit every year for the last 20 except for the one year of dieselgate fines They made a profit of €21 Billion last year. Their demise is overstated

    • @mcb4585
      @mcb4585 2 дні тому

      They tried (Cariad) but not very successfully

  • @frankcoffey
    @frankcoffey 2 дні тому +1

    Fantastic.

  • @mylimomelbourne4757
    @mylimomelbourne4757 2 дні тому

    Rivian is just a car company, tesla is not just a car company, how long before Rivian-ford, adopts Tesla FSD compute ?

  • @andresmazzei6835
    @andresmazzei6835 3 дні тому +1

    Inspired by Tesla

  • @sss1st
    @sss1st День тому

    If nobody buys the car is this important or is this just a life line?

  • @NolanCardwell-ht3xi
    @NolanCardwell-ht3xi 2 дні тому

    Nice

  • @naavi786
    @naavi786 2 дні тому

    Note Down Period!, Rivian stock is going to Boom to 25 and into 40s very very soon, This news is still Kicking in, Better invest before it is too late

  • @SSD5430
    @SSD5430 3 дні тому

    Nothing new, VW also did that with other evs like xpeng

  • @PaulWinkle
    @PaulWinkle 3 дні тому

    VW stock is going up too now

    • @peterlustig6888
      @peterlustig6888 3 дні тому

      I dont think so. 5 billion seems a bit obsessive

  • @esamm3837
    @esamm3837 День тому

    Rivian stock price 56$ soon

  • @MD-mm1zv
    @MD-mm1zv 3 дні тому

    Guess no one at Volkswagen asked why Rivian is struggling?

    • @DaGreatone96
      @DaGreatone96 2 дні тому +1

      They know, and they also see the reconstruction being done. Perfect time to buy. They caught it on sale

  • @jdavis6618
    @jdavis6618 3 дні тому

    Yeah buddy!!!! Aint nuthin but a peanut BABY!!!

  • @Theodore454
    @Theodore454 3 дні тому

    I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024

    • @Matthew-mb6oy
      @Matthew-mb6oy 3 дні тому

      Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.

    • @Manselus-c1f
      @Manselus-c1f 3 дні тому

      Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.

    • @Freya-jq8mc
      @Freya-jq8mc 3 дні тому

      I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

    • @Manselus-c1f
      @Manselus-c1f 3 дні тому

      My CFA ’ANGELA LYNN SCHILLING’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

    • @Freya-jq8mc
      @Freya-jq8mc 3 дні тому

      I searched for her full name online, found her page, and sent an email to schedule a meeting. Hopefully, she responds soon. Thank you

  • @EdwardRomero-hj8xh
    @EdwardRomero-hj8xh 2 дні тому +1

    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 🥰❤️

    • @EdwardRomero-hj8xh
      @EdwardRomero-hj8xh 2 дні тому

      I'm guided by mrs julian

    • @EdwardRomero-hj8xh
      @EdwardRomero-hj8xh 2 дні тому

      His platform is really safe and secured, not quite long I joined his discord

    • @DaviesSmith-
      @DaviesSmith- 2 дні тому

      You know him too? I'm also a proud beneficiary of his platform

    • @DaviesSmith-
      @DaviesSmith- 2 дні тому

      Got 5k profit weekly basis

    • @BeenGes
      @BeenGes 2 дні тому

      Really you know him ? I was even thinking that I'm the only one he has helped walk through the fears and falls of trading

  • @ps3301
    @ps3301 День тому

    VW is buying a small portion of rivian. Waste of time

  • @harrychu650
    @harrychu650 2 дні тому

    Idk, Rivian is pacing to lose $6 billion a year. This is a highly unprofitable business venture. VW's is taking a creditor position with a right to convert to stock. Are they position to take whatever IP Rivian might have in the event they under?

    • @almac9203
      @almac9203 2 дні тому

      I think VW should have partnered up with Lucid instead. I believe Lucid has better technology and they too are desperate for a partner

  • @LG-th8xt
    @LG-th8xt 2 дні тому

    when a loser and a bum come together, the result is usually disaster