Both. They are still on track to begin producing samples at Fab 2 in April. Once these samples are produced, these batteries will immediately undergo internal testing to their customers requirements. Once they pass testing, they will be shipped products to the customer in Q2.
I increased my investment by 45% at $7.3/share, I believe will not going lower then $7/share if it goes lower I will purchase more, last year I made a fortune on this stock
Everything is looking great. But still a long way to go and at $2B market cap it's still pretty expensive. Market reaction not unreasonable given the already inflated market cap. Would not be surprised if market cap hits $1B ($6/share) before it bounces back. But this team is hitting all of the right milestones. One of the major concerns is having so much invested in Chinese OEMs as customers. They will be stealing the IP at every chance.
It's hard to scale this, this isn't easy. The easy part comparatively to scaling was actually inventing the technology. Even if China somehow steals the IP Good luck building the equipment and the know-how to get scale this.
The markets seemed to react very negatively over there being some delays in some zones, but this was already disclosed and the delays were minor. Huge market overreaction.
Only delay that matters is to the Agility line where the samples are going to be made, which is on track. The main manufacturing line can be 1 month behind & it would have no impact to timeline going forward.
31:20 Raj samples in April . Ajay feeling confident in Q2 we get the samples out.
So Ajay is it April or the entire Q2 as late as June?
Both. They are still on track to begin producing samples at Fab 2 in April. Once these samples are produced, these batteries will immediately undergo internal testing to their customers requirements. Once they pass testing, they will be shipped products to the customer in Q2.
I increased my investment by 45% at $7.3/share, I believe will not going lower then $7/share if it goes lower I will purchase more, last year I made a fortune on this stock
Everything is looking great. But still a long way to go and at $2B market cap it's still pretty expensive. Market reaction not unreasonable given the already inflated market cap. Would not be surprised if market cap hits $1B ($6/share) before it bounces back. But this team is hitting all of the right milestones. One of the major concerns is having so much invested in Chinese OEMs as customers. They will be stealing the IP at every chance.
hopefully not 6$ a share but would be another great buying opportunity
"They will be stealing the IP at every chance" - Just curious: How would a steal like that come about?
i agree
It's hard to scale this, this isn't easy. The easy part comparatively to scaling was actually inventing the technology. Even if China somehow steals the IP Good luck building the equipment and the know-how to get scale this.
The markets seemed to react very negatively over there being some delays in some zones, but this was already disclosed and the delays were minor. Huge market overreaction.
Only delay that matters is to the Agility line where the samples
are going to be made, which is on track.
The main manufacturing line can be 1 month behind & it
would have no impact to timeline going forward.
Overall, good news. Seems like the market reacted a bit irrationally. Down 7% in after hours
I think this is an opportunity.
@@Gluemn well don't care if it goes to even below 1$ for now. It will go up and up at some point.
In at 6.25$ a share. Lfg 🚀🚀🚀🚀🚀🚀