Certainly one of the more exciting stories in the world of EV investing over the past several weeks has been Volkswagen. We have documented the legacy automaker’s stock during a rapid ascent over the last few trading sessions, on the heels of the company positioning itself as a direct competitor to Tesla. The move has been part of a broader reversion to the mean in EV valuation that we think is likely to continue. Of course, the lingering question remains: what is VW’s business actually worth, given the new pivot to EVs? Deutsche Bank weighed in early this week stating that the company’s EV business alone could be worth $230 billion. Analysts led by Tim Rokossa lifted their price target for VW shares by 46% to 270 euros, according to Yahoo Finance. The company’s stock was up as much as 14% to start the week on the news. Last […]