Stock analysis: VW tech revolution or test of trust?

Stock analysis: VW tech revolution or test of trust?

Stock analysis: VW tech revolution or test of trust?

“VW is severely undervalued” – Herbert Diess never tires of addressing the market value of the traditional company. Ever since he took office, the VW boss has been pursuing a clear goal: the company’s stock market value should increase – in the long term to 200 billion euros. The Wolfsburg are currently valued at 82 billion. But the share has picked up speed in the past few weeks, rising by more than 50 percent since November. Most recently, VW ignited the price turbo with the consideration of an IPO for Porsche. The electrical and software strategy are fueling hopes that Diess’ valuation dreams could come closer. The VW boss is making big promises: From 2024, his group should even leave Tesla behind when it comes to software. However, everything is by no means going smoothly in the transformation to a tech group. Software problems stained the launch of the ID.3 model car, while VW is lagging behind in terms of autonomous driving. Are the Wolfsburgs going into the fast lane or will the new generation of automakers ultimately drive away?

VW wants to become a tech company