My PT is below $1. Imho, this would be a good place to re-assess NVX's situation. The obvious upside factor is cash, the obvious downside factor is that the cash is being burned and there is no clarity as to when or if the company itself will start generating money. As long as the focus continues on Panasonic, Lucid, etc., but not NVX itself, I wouldn't feel comfortable holding, or especially opening, a position.
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