Total satisfaction, VW is reviving again and deliveries are growing 🚀
Volkswagen said deliveries to customers rose 39% year-on-year in April, bringing the total number of vehicles sold worldwide that month to 720,200.
The result was particularly boosted by a 79% increase in China, where the leading German car group delivered 255,700 vehicles. In Western Europe, it delivered a total of 254,700 vehicles to customers, up 28.7% year-on-year.
What about you and the car companies?… read more
I'm really glad I invested in VW again, the results are LUXURIOUS!
Profit: €5.75 billion vs €5.51 billion estimate
Revenue: €76.20 billion vs $72.30 billion estimate
For me, the price is brutally and perhaps absurdly low, undervalued by tens of percent. An established company with a dividend that is undervalued and has outperformed? Nothing to talk about here guys.
Do you have VW in your portfolio? 😎
Today will be a quieter post, where I won't go directly into Tesla, but will generally elaborate on my thought process on EVs. Since it looks like the EV craze will be around for a while, I'd like to talk to you about another issue or maybe even opportunity. By opportunity, I mean Lithium, as a scarce commodity, a rising cost raw material, hard to obtain and most importantly with not many sources to meet future demand.
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