Amazon Invests In Rivian w/ Sean Mitchell
Rivian has just anounced a $700M investment round led by Amazon. This deal has huge implications for the EV market, and cements Rivian as a formal Tesla competitor. My guess is that if Rivian shows solid progress, Amazon will buy the entire company outright.
LINK - Sean Mitchell's channel: / seanmmitchell
LINK - InsideEVs article w/ full Rivian press release about the deal: https://insideevs.com/rivian-700-mill...
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Disclaimer: This video is purely my opinion and should not be regarded as factual information. I am not a financial advisor. This is not a recommendation to buy or sell securities. Do not assume any facts and numbers in this video are accurate. Always do your own due diligence. As of 01/07/2019 HyperChange host (Galileo Russell) is invested in shares of Tesla (TSLA), Arcimoto (FUV) and long Maker & Bitcoin.
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