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Rivian bought by Volkswagen

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Rivian Automotive (BATS:RIVN)  
StJuliansBay  
BATS:RIVN   Rivian Automotive
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Is Volkswagen AG right or wrong in doing this? They plan to invest $5 billion in Rivian Automotive Inc., becoming its largest stakeholder in a strategic move aimed at strengthening its position in the electric vehicle (EV) market. I'm not sure I like the cars, but it is what it is.

Not a financial investment advice.
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