Did VW invest in Rivian & Scout knowing what the future held for them?

[joewilk45]

Here's a thought did VW invest in Rivian knowing what the future held for them ? Then heavily investing in Scout to hedge their options. It's a way to no longer have to deal with UK labor and they are building a new era within the Scout name plate.

 

[timmyhil]

Here's a thought did VW invest in Rivian knowing what the future held for them ? Then heavily investing in Scout to hedge their options. It's a way to no longer have to deal with UK labor and they are building a new era within the Scout name plate.

Scouts Independent from Scout. Employees at scout have said that. All VW is their for is to fund and give resources until Scout until they are operating on full scale and can eventually split off.

If you look to see what companies are under VW group on their website, Scout isn't listed. Just to clear it up.

Also wrong thread for this lol.

 

[Jrgunn5150]

Corporations, and the very rich, don't do everything for profit.

It's often tax avoidance as well.

Ah, damn, sorry, can't pay taxes on my profits, lost 1.5 billion on Scout.

 

[timmyhil]

Corporations, and the very rich, don't do everything for profit.

It's often tax avoidance as well.

Ah, damn, sorry, can't pay taxes on my profits, lost 1.5 billion on Scout.

That big in the car industry. They all do tax avoidance or else they would have no profit.

 

[Jrgunn5150]

Tax avoidance, subsidy harvesting, there's money on the table out there, and it's not necessarily in selling products people want.

This is why we don't truly have a capitalist society lol