Management and employees making money, shareholder NO.What an absolutely horrible chart and more pain to come. Will be interesting to see how long they keep Sue at the helm. This has been a slow and financially painful drift into a death spiral. The EV marketplace is being fully challenged, major car manufactures our bailing, sales have been cut in half. Dealerships are having to refund 10-25% of the MRSP on booked back orders in order to complete some deals. Porsche Taycan announced the rapid depreciation of the 2020 model off by $ 103,000 from it's inflated sales price back then of $ 233,000.
IMO the Cell Driver and their battery management solutions will keep this company a float, the Cell Driver, when if it is as good as they say where are the BIG Purchase Orders. We are purging $$$ so fast and this deal with SEA Electric, it's a coin toss, either it kills us or puts us on a bigger stage.
I need this to turn around, can't bail out the boat fast enough at this rate.