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- 🚨Volkswagen Just Invested $5.8 BILLION In $RIVN
🚨Volkswagen Just Invested $5.8 BILLION In $RIVN
Here's why I bought 250 shares of Rivian...
The end of the week is here.
Last week, we struck gold before the weekend.
This week?
It’s in the EV world.
But this time, we’re not looking at a short-term pump-and-dump play.
We are talking long term.
Just yesterday, I went ahead and bought 250 shares of $RIVN
Before you start telling me:
“Why would you do that? The stock is dead”
Hear me out.
Have a look at this chart:
From my analysis and logic, it looks like…
$RIVN is trying to break out of a 2-3 year range.
Despite facing challenges, including a trimmed 2025 delivery forecast of approximately 43,000 vehicles (down from 51,579 in 2024),
Rivian has made significant strides:
Strategic Partnerships:
A notable $5.8 billion joint venture with Volkswagen aims to develop scalable Software-defined vehicle platforms, enhancing Rivian's technological capabilities.
Product Expansion:
The upcoming R2 SUV, set to launch in 2026, is expected to be a more affordable EV option, broadening Rivian's market reach.
Financial Outlook:
Analysts have adjusted their price targets, with figures ranging from $7.05 to $18, indicating a cautious yet optimistic market sentiment.
Without a doubt, you will see short-term volatility.
But this only means…
If you invest in $RIVN, you are not in it for quick profits.
I know it’s going to be tempting to cash out, but this is why,
YOU NEED TO BE DISCIPLINED.
So you be the judge:
•Do your research
•Look at the fundamentals
•See what analysts and other traders are saying
Then decide if Rivian deserves a spot on your long-term watchlist or in your portfolio.
Until next time,
Nicholas.