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️ ⚡ Sign up and download Grammarly for FREE: http://grammarly.com/logicallyanswered Volkswagen was one the largest automaker in the world selling as many as 9.2 million cars every single year. But ever since they got exposed for faking emissions through Dieselgate, it has largely been downhill for the company. The company became riddled with debt having to pay fines and expenses of over $33 billion. More recently, after seeing Tesla’s explosive success with EVs, they decided to go all in on EVs themselves looking to invest over $100 billion in battery research and EV development. However, this hasn’t quite panned out how Volkswagen had hoped. Just as Volkswagen began rolling out EVs, EV demand started to soften substantially. It turns out that the everyday person wasn’t as gung ho about EVs as politicians and tech executives. This has only been made worse by cheaper Chinese alternatives that have quickly gobbled up the market. This video explains Volkswagen’s $200 billion debt disaster and how the company got into this terrible situation. Earn Cash Back On Stocks: Up To $5,000 Per Year https://www.silomarkets.com/logic/ Free Weekly Newsletter With Insiders: https://logicallyanswered.co/ Socials: / hariharan.jayakumar Discord Community: / discord Timestamps: 0:00 - A Debt Crisis 0:35 - Exploding Profits 6:54 - The Scandal 12:20 - Investments & Debt Resources: https://pastebin.com/wQm2Muuw Disclaimer: This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research. https://www.silomarkets.com/disclosures Disclosure: This video is sponsored by Grammarly. Some of the links in this description may be affiliate links, which means I may earn a small commission at no additional cost to you.