Nano One Materials Corp T.NANO

Nano to be acquired or major stake taken

[TommyNickels]

It's about Competition. China V Tesla V the rest.

The rest (GM, Ford, Stellantis, Toyota, VW, etc) must adapt or will fail. We are already seeing this play out.

Toyota has allowed its reputation to be tarnished. Scandals + recalls + little EV presence + no longer #1 exporter of cars. Buy a Hybrid when china is now producing 600km range EVs and will only improve. And cheaper. CATL now has million km warranty.

Tesla building cathode plant. Will drive down costs and absolutely bury the competition.

Europe is most likely to adapt first. That Dan is in Europe is a good thing. Who is he meeting with?

[TommyNickels]

I should add that I don't believe Tesla makes it easy for others to use its Cathode process. At this point, Elon wants to win. Again, if Legacy automakers don't do anything, they will go bust. Australia is already benefiting from the Chinese invasion.  Tesla will fight to.compete. Not hard to imagine Sumitomo acquiring Nano and teaming up with Toyota. Or VW shifting gears in

[TommyNickels]

Stellantis has had a rough year. Stock peaked at 30 and in less than a year is at 13. Things not going well.in China or USA, the two biggest markets. China is lost. The Chinese no longer into legacy brands. And in the US, Dodge Jeep Chrysler are massively overpriced. In some cases, supply is near 300 days. Means 2023 vehicles are still being sold. Dealer floor plans are eating them alive. Zero

[Lawisfun]

Tesla is selling EV charging technology to other competing major autos.  It must be tough for them to buy off Tesla but Tesla moved fast and took that entire market. Tesla is a ruthless competitor.  If they want to corner the CAM market I would consider that possibility a real threat.