Rivian's Dire Situation
Rivian is facing a staggering burn rate, losing approximately $40,000 per vehicle, which puts the company on a tight timeline before potential collapse. The recent investment from Volkswagen is seen as a critical lifeline, giving Rivian a chance to stabilize and innovate. Instead of acquiring Rivian outright, Volkswagen opted for a strategic investment, allowing them to benefit from any future gains while minimizing risk.In this clip
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Rivian and Volkswagen’s New Partnership + Scott’s Tax Strategy | Prof G Markets
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