This company's cost structure doesn't support their small revenue base and will be bankrupt in 2Q 2025 or dilute current investor more. Either way, the stock is goingto zero
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Sponge investor
103484522
:
You remember how Netflix was only 5.99 a month? Yeahhhh battery swap won’t be free for long either, capitalism for the win & they are not profitable. Major R&D cash burning, operating costs, production costs, borrowing money from JP Morgan to stay operating, that’s what I call a slippery slope my friend.
103484522
:
problem is no matter how fast charging technology become ,grid cannot support. nio work with govt to solve all ev problems and protect the grid that why onvo is born .many ate frustrated of long queue and wait for charging .even tesla buyer frustrated. so can see how well onvo sell with baas 150k vs tesla 249k.shortist can manipulate for some time when onvo sell above tesla they will over run by buyers
70552586 OP : Hopium is not a winning strategy
104624591 : But u seem so keen thou… any reason?
103484522 : how to bankrupt when onvo going outsell tesla .onvo is better tech ,cheaper and come with swap .who want charge if they can swap .
Sponge investor 103484522 : You remember how Netflix was only 5.99 a month? Yeahhhh battery swap won’t be free for long either, capitalism for the win & they are not profitable. Major R&D cash burning, operating costs, production costs, borrowing money from JP Morgan to stay operating, that’s what I call a slippery slope my friend.
103484522 : problem is no matter how fast charging technology become ,grid cannot support. nio work with govt to solve all ev problems and protect the grid that why onvo is born .many ate frustrated of long queue and wait for charging .even tesla buyer frustrated. so can see how well onvo sell with baas 150k vs tesla 249k.shortist can manipulate for some time when onvo sell above tesla they will over run by buyers