Not all car companies have their own (there are a lot of new EV brands, and companies making the transitions). I am looking at NVX in connection with Lucid Motors (Andrew Liveris); there could be potential partnership there. Sure, Tesla will always make more headlines, but it's all about proving the technology and its efficiency in products. The tech can also expand to solar panels for buildings, mobile devices, and so on.
But the 25% fall is uncalled for. I really do not want Burns to make any announcements, as it is unlikely it'll be an uptrend, knowing his history. I would much rather he resign and hand the baton to someone who is competent for the CEO position, as Chris is more of a product guy, as opposed to a businessman.
At the moment, it is all about how long it will take them to actually produce the product for shipping. 2024 is a crucial year for NVX; if they don't produce anything this year, who knows what will happen.
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