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Hyliion Q2'23 Earnings Q&A

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  • เผยแพร่เมื่อ 14 ส.ค. 2024
  • At Hyliion’s KARNO facility in Cincinnati, Ohio, CEO and Founder, Thomas Healy, and CFO, Jon Panzer, answer questions submitted for the Q2’23 Earnings Call.
    To learn more about Hyliion, visit: bit.ly/3QAXgdk

ความคิดเห็น • 76

  • @aktanf
    @aktanf ปีที่แล้ว +11

    I am a long time shareholder severeley under water, and I am losing my patience as well as my hope. You guys need to monetize asap, give some hope to the marketplace that you’ve thoroughly covered your four tangible risks: 1) Feasibility risk - that you have the scale and capability to make this happen 2) value risk: that your customers are finding value in your product 3) usability risk-that your customers love to use your products and 4) business viability risk - that your company well structured internally to deliver this product. Monetization gives great confidence that these risks are properly managed, and gives confidence in the marketplace that should support your stock price and opens the door for you to raise capital without severe dilution of existing shares. My two cents.
    And, by the way, who is your product manager? That person needs to be on the earnings calls. You act like a mature company, which you are definitely not you are still a start up.

  • @HeavyMetalEngines
    @HeavyMetalEngines ปีที่แล้ว +8

    So are the 30 trucks being made this year for sale or just being given away to fleets for "extended fleet trials"? Why has there been no mention of who the 30 trucks were sold to?

  • @olegnikolaevich420
    @olegnikolaevich420 10 หลายเดือนก่อน +2

    You have to make some money from selling trucks before the savings run out, or we all die hungry.

  • @lIlIlIlIlIlIlIIIl
    @lIlIlIlIlIlIlIIIl ปีที่แล้ว +9

    Hey! When is the stock going to be $50

    • @Theharrizable
      @Theharrizable ปีที่แล้ว +3

      never

    • @joe97nsx
      @joe97nsx ปีที่แล้ว +1

      More likely going to zero. They will burn through cash and will have to dilute through share issuance or more debt. This company is garbage. Good thing I never agreed to the buy the dip concept with this. You should only do that with mature companies that are at no risk of going bankrupt, not highly speculative companies like this. You are subsidizing every Filthyon employee with your money until they can kick the can down the road with more share issuances or go bankrupt.

  • @everclearboy
    @everclearboy ปีที่แล้ว +11

    Thank you for sharing the info. Please continue to flow information into the market and keep investors interested and informed as to what is going on. Please realize that currently the market sees "no news / silence" as bad news! Keep moving forward and sharing the story!

    • @Entrepreneurshipdog
      @Entrepreneurshipdog ปีที่แล้ว +4

      I second that!

    • @Danieltkb25
      @Danieltkb25 ปีที่แล้ว +1

      Unfortunately they do not have anything to share. I’ve wrote my investment off at a total loss in my head. I regret telling my family about this company. My father invested and had to sell because he retired and he lost 90%. My mother is currently down 90% and entering retirement. Thanks Healy

  • @bizdrone
    @bizdrone ปีที่แล้ว +4

    Fake it until you make it is happening here.

  • @HeavyMetalEngines
    @HeavyMetalEngines ปีที่แล้ว +2

    A good sign is when you have insiders buying. I'm talking about management actually buying shares and not what they've just been given as compensation. If management is not buying at these low levels then it shows they don't have confidence in the company themselves and that is a bad sign. TH can't expect retail investors to buy shares and support his science fair projects if he and the rest of management are not willing to buy.

  • @buzzlightyear3461
    @buzzlightyear3461 10 หลายเดือนก่อน

    Recent announcement of "strategic powertrain"...are they discontinuing ERX platform?

  • @yacoobmodan4084
    @yacoobmodan4084 ปีที่แล้ว +11

    I'm a retail investor and I own over 2000 shares in Hyliion. Investors like me keep the company afloat in the stock market.
    I'm a little disappointed that the question on ERX demand wasn't answered except that this is your main product right now.
    If the demand is low due to some circumstances mentioned, investors like me deserve to know what will the company do to ramp it up. Please keep us informed. Otherwise, you will be losing your core investors who believe in your baby product!

  • @Danieltkb25
    @Danieltkb25 ปีที่แล้ว +35

    Do you think it’s appropriate for the ceo to receive a higher salary than revenue of the company so far. I understand it’s his baby, but the amount of suffering for retail investors who bought this stock in confidence for guidance that simply gets thrown out because Hyliion was too slow and misjudged demand is staggering. I think Hyliion needs to shake up management. Clean house. Fire half the board. Healy’s salary should be results based, not dreams based. Otherwise the sad truth is this will just be a traders penny stock that survives off stock offerings until 2030. And by that time the story might come through, but after many reverse splits and dilution so the original investors that DCA over the first 3-4 years have $500-$1000 cost basis and the stock is $10

  • @HeavyMetalEngines
    @HeavyMetalEngines ปีที่แล้ว +14

    Two years ago they told us in 2023 they would have sold 8,500 ERXs with a vehicle cost of $220k and 1,300 mile range. Now we are only doing 30 ERXs with a cost of about $420k with a 1,000 mile range. That's 27% less range and almost double the cost.

    • @lauraymond4290
      @lauraymond4290 ปีที่แล้ว +2

      30 trucks…. 30 times better than zero. 😊

    • @HeavyMetalEngines
      @HeavyMetalEngines ปีที่แล้ว +4

      @@lauraymond4290 You're definitely a glass half full type of person, good for you. One problem is Mr. Panzer stated the first 30 trucks will be sold at a loss. He also said it is too soon to predict when Hyliion would reach positive gross margins overall or on any specific product. Pretty scary when the CFO can't even predict profit any of their products.

    • @Theharrizable
      @Theharrizable ปีที่แล้ว +8

      If you or I did this we would be in prison for fraud. Not rich boy healy.

    • @lauraymond4290
      @lauraymond4290 ปีที่แล้ว +4

      @@HeavyMetalEngines I heard so…sales at a loss
      Following the path of nkla

    • @jasonjohnson3833
      @jasonjohnson3833 ปีที่แล้ว +6

      I’m still wondering about that 1000 unit agility order …..😂

  • @locluu8729
    @locluu8729 ปีที่แล้ว +3

    None of the management team members should even get stock options until stock price reaches $ 5. The stock price of HYLN after 3 yrs is laughable ! Many early investors are bleeding badly in this company. All stock compensation for all executives should be halted.

  • @223554545
    @223554545 ปีที่แล้ว +9

    You cant even build 60 ERX and surprise us for at least one QUARTER IN UR LIFE !

    • @Karim-ik5ij
      @Karim-ik5ij ปีที่แล้ว +2

      lmfao, how on earth are they going to afford to make all the orders

  • @Matt-Pursley
    @Matt-Pursley ปีที่แล้ว +4

    I don't want a change in leadership. I'm a believer in the vision and innovation of Hyliion. I do however hope there is a willingness to hire consultants and high-profile VPs to help run operations, allowing innovative leadership to continue to innovate.

  • @kristonduncan5954
    @kristonduncan5954 ปีที่แล้ว +2

    Thanks for answering my question Gentlemen. Honored!

  • @billyrocket62
    @billyrocket62 ปีที่แล้ว

    I think that T.H. has the brains to get this done, but I'm thinking that He lacks the fire, the drive, the leadership to make this happen. Kick some ass, fire some slackers, sleep on the factory floor. I mean it seems like there is progress, but at a very leisurely pace! Come on Healey, this is a RACE! You have to make some money from selling trucks before the savings run out, or we all die hungry.

  • @arkstudios1
    @arkstudios1 11 หลายเดือนก่อน

    About time your started making sales and stop playing around with testing and R&D. Do you want to have profits!! For example how many orders do you have for the ERX? Us long term investors are starting to get a little cheesed off!

  • @LarryCatman91356
    @LarryCatman91356 ปีที่แล้ว +3

    What value are we getting from board members, any grants or news on oem integration?

    • @Danieltkb25
      @Danieltkb25 ปีที่แล้ว +1

      Elaine chow just did 1 photo shoot, took the money and ran as fast as she could

  • @HeavyMetalEngines
    @HeavyMetalEngines ปีที่แล้ว +6

    Hyliion's new motto; “Always testing. Always trials. Never selling”

    • @areligionist
      @areligionist 11 หลายเดือนก่อน

      Only insider sellings

  • @dokdousa
    @dokdousa ปีที่แล้ว

    Management is an area that closely resembles a comprehensive art, and having a researcher solely focused on technical development as a CEO does not contribute to the company's growth or shareholders' interests. It is crucial, before it's too late, to focus on role differentiation and appoint a new CEO who can revitalize the company. This is the path to saving the company.

  • @AllAmericanDreamChaser
    @AllAmericanDreamChaser ปีที่แล้ว +18

    Would it be more beneficial for Hyliion if Thomas Healy step down from position as CEO?

    • @joselazaro5440
      @joselazaro5440 ปีที่แล้ว +1

      😂😂😂

    • @joselazaro5440
      @joselazaro5440 ปีที่แล้ว +2

      Like watching wet paint dry!

    • @Danieltkb25
      @Danieltkb25 ปีที่แล้ว +4

      Would be a relief for the cash burn

    • @Entrepreneurshipdog
      @Entrepreneurshipdog ปีที่แล้ว +2

      He'll no! You would take a man's dream away from him, would you?

    • @AllAmericanDreamChaser
      @AllAmericanDreamChaser ปีที่แล้ว +4

      ​@Entrepreneurshipdog A man's dream is slowly becoming a "nightmare" for others. I'm just posing the question is all. Would it benefit Hyliion as a whole if Thomas Healy stepped into a less active role and allowed someone else to take position as CEO.... Maybe someone can discuss this in a TH-cam video?? Thanks! ❤️ 👍

  • @dokdousa
    @dokdousa ปีที่แล้ว

    This individual, Healy is suitable for the role of a CTO, not for a CEO. To revive the company, what is needed is a capable visionary CEO with expertise in comprehensive management.

  • @TheInvisibleOne1026
    @TheInvisibleOne1026 ปีที่แล้ว

    2024 Will be our year to SHINE!!!!!

  • @dokdousa
    @dokdousa ปีที่แล้ว

    Many shareholders trusted and invested based on your visionary PPT, but they are now experiencing significant distress. Please, thoroughly analyze the current management performance, make wise decisions, and urgently strive to save both the shareholders and the company. This is my sincere hope.

  • @ts8960
    @ts8960 ปีที่แล้ว +1

    bro doesnt give a single shit about the stock falling to oblivion

  • @preordernow3855
    @preordernow3855 ปีที่แล้ว

    paying owner operators more and incentivizing efficiency. can game theory help.

  • @TheInvisibleOne1026
    @TheInvisibleOne1026 ปีที่แล้ว

    I believe, keep pushing Hyliion!!!! 🚛=== 💨

  • @kurtleimkuehler
    @kurtleimkuehler ปีที่แล้ว

    Need to cut burn rate asap.

  • @ericbighead8953
    @ericbighead8953 ปีที่แล้ว

    Thank you both of you for your update!

  • @Entrepreneurshipdog
    @Entrepreneurshipdog ปีที่แล้ว +5

    Go, Hyliion!!!

    • @justabrake
      @justabrake ปีที่แล้ว +4

      Bankrupt 😂

    • @Entrepreneurshipdog
      @Entrepreneurshipdog ปีที่แล้ว

      The business plan doesn't call for ERX deliveries by QR2. Why would anyone who follows hyln so close like you do would expect truck sales yet J.J.?

    • @Entrepreneurshipdog
      @Entrepreneurshipdog ปีที่แล้ว

      @@jje6307 don't forget that extended fleet trials are fully booked!!!!!

    • @olegnikolaevich420
      @olegnikolaevich420 10 หลายเดือนก่อน

      🤣

    • @olegnikolaevich420
      @olegnikolaevich420 10 หลายเดือนก่อน

      💩@@justabrake

  • @julior9480
    @julior9480 ปีที่แล้ว +3

    Go hyliion!

  • @justabrake
    @justabrake ปีที่แล้ว +10

    SCAM

  • @thesmartguy7191
    @thesmartguy7191 ปีที่แล้ว +3

    Nikola vs hylion😂

    • @Entrepreneurshipdog
      @Entrepreneurshipdog ปีที่แล้ว

      It keeps the people going! It's provocative!

    • @Entrepreneurshipdog
      @Entrepreneurshipdog ปีที่แล้ว

      @jje6307 J.J. buddy, when will you realize I'm on the side of the trucks. My love is big enough for both HYLN and NKLA, and I even got some for PCAR.

    • @Entrepreneurshipdog
      @Entrepreneurshipdog ปีที่แล้ว

      @jje6307 question for you: what do you think of the new CEO? Why did Michael really leave?

  • @Proper-ic9gf
    @Proper-ic9gf ปีที่แล้ว +1

    👍🏻👍🏻

  • @user-fe2tk4lc6g
    @user-fe2tk4lc6g ปีที่แล้ว

    ...😤😡😠

  • @starkovinc.4211
    @starkovinc.4211 11 หลายเดือนก่อน

    This company will end up just like Nikola