Trading Idea - #Volkswagen #VW

My trading idea for #Volkswagen #VW - LONG

Entry: 122.80 EUR
Target: 197.00 EUR (profit +58%)

- So far, there are few affordable small electric cars on the market. Volkswagen wants to change that and presents the ID.2all for less than 25,000 EUR. According to VW, the fully electric compact car will have a range of up to 450 km and will be launched on the market in 2025. The quick charge is supposed to take only 20 minutes.

- Volkswagen is pushing ahead with the electrification of its vehicles and plans to invest a total of 180 billion euros by 2027. With net liquidity of 43 billion euros, including 16 billion from the IPO of the Porsche sports car division, the Wolfsburg-based company considers itself in a solid position to handle the investments.

- Record profit at Audi! They sell fewer cars but earn more money.


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