Notes

The 3-Minute Rule for VW (VWAGY) surges in TSLA-like run on the stock market due


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<h1 style="clear:both" id="content-section-0">The Greatest Guide To Volkswagen - VWAGY Stock Price &amp; Charts<br></h1>
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<p class="p__0">VW is having some unbelievable success on the stock exchange reminiscent of Tesla and its EV strategy ... For a very long time, Volkswagen has been thought about a blue-chip stock, though it went through some considerable battles around 2015 following the Dieselgate scandal ... A Reliable Source was one of the greatest and most important car manufacturers tracking only behind Toyota up until Tesla exceeded everybody ... Some other business, like GM and Ford, started to have some success on the stock exchange after revealing acceleration of their respective EV strategies ... Now it's Volkswagen's turn, with the stock growing over 100% over the last 6 months, and the majority of that growth coming over the last month alone: The bulk of the increase comes after VW held its "Power Day," which was compared to Tesla's "Battery Day," and the announcement of severe financial investments in battery cell production ...</p>
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<p class="p__1">Products like the VW ID.3 and ID.4 have likewise been well-received however people wish to see volumes ... Luckily VW is carrying out and it looks like it is starting to occur this year ... VW likewise shocked Korean battery makers LG and SK today by notifying them they 'd be utilizing their own batteries going forward, a strategy originated by Tesla ... The decision by the world's 2nd biggest automaker to move the bulk of its cars to a various battery cell in 2 years came as a shock to LG Energy Option and SK Innovation, 3 individuals with understanding of the circumstance told Reuters ...</p>
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<p class="p__2">We believe that VW is going to come out a winner in the electrical shift through heavy investments that came reasonably early after the Dieselgate mess and the leadership of Herbert Diess ... I typically state that if automakers desire an effective EV method, they simply have to copy Tesla ... By that, I mean to act like you don't have a legacy business of offering gasoline to preserve ... It's difficult thing to do when many of your possessions are attached to that, however I saw a willingness from VW to quickly invest in converting entire factories to produce EVs rather of ICE cars and trucks ...</p>
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<p class="p__3">What do you think? Let us understand in the comment area listed below ... FTC: We use earnings making car affiliate links ... Sign up for Electrek on You, Tube for unique videos and register for the podcast...</p>
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