Rivian's Decline
Rivian's fall from a $130 billion valuation to around $15 billion highlights the volatility of the electric vehicle market. With staggering cash burn rates and a dire financial outlook, the recent investment from Volkswagen is seen as a critical lifeline. The conversation reveals the stark reality of Rivian's situation and questions why Volkswagen didn't acquire the company outright.In this clip
From this podcast
The Prof G Pod with Scott Galloway
Prof G Markets: Rivian and Volkswagen’s New Partnership + Scott’s Tax Strategy
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