YesThe last two posts sum it up pretty well. What else do investors think is missing.
"They have no clear path to profits yet". Its a start up so no profits are expected
yet that doesn't mean their tech is a bust. The next stage will set the launch
for profits.
"After the big run", the s/p has sold off in stages but no insiders have sold. So
that should tell you something about their belief in their tech.
EV,s have their battery challenges but higher gas prices are only going to spur
that developement. Better battery solutions are being researched and developed.
NBM has one of the best solutions out there. Look at their test results. The EV
revolution might have its ebbs and flows because it is still in its infancy however,
it is not going away. Gov'ts worlwide are behind the push, even China and Russia.