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At the time, Volkswagen received a convertible note that converts to Rivian stock on Dec. 1. Volkswagen will pay another $1.32 billion this week, as part of the deal's closing.
Image source: Getty Images. Is it too late to buy the stock? The Volkswagen investment, if the JV is approved, should give Rivian the cash it needs to scale its business and make it viable.
Before you buy stock in Ferrari, consider this: ... The Motley Fool recommends General Motors and Volkswagen Ag and recommends the following options: long January 2025 $25 calls on General Motors.
The electric vehicle (EV) market hasn't accelerated as fast as some had expected, leaving many EV stocks, including start-up Rivian Automotive (NASDAQ: RIVN), on the decline over the past few years.
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Rivian Automotive wasn’t one of them. The 10 stocks that made ...
But selling stock will dilute shareholders, and if the stock falls, any capital raise gets more expensive. Volkswagen , which signed a $5 billion partnership deal with the company, could help.