There’s something about these European EV companies that I just don’t get.
With all this talk of closing down manufacturing plants and laying off tens of thousands of employees alongside testing and evaluation of improved battery technologies, wouldn’t it seem reasonable, maybe even clever, to lock AnteoTech into some type of partnership with say, Mercedes taking a financial interest?
It’s not as if the EV companies are currently broke. It’s their future sales projections that give cause for concern. And yet it appears that Nero fiddles while Rome burns?
Very perplexing, to me at least. The Europeans don’t appear to have the same appetite for risk as our American cousins. Not that I’m being overly critical of Europe, especially compared to the nervous Nelly hesitancy of modern Australia.
ADO Price at posting:
2.6¢ Sentiment: Buy Disclosure: Held
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