if they have a contracts amounting to AUD 15 mil per annum 10x more than what ID8 is generating now. CR are inevitable. but compared to many tech companies ID8 already have income streams.
Tesla didn't have any revenue to cover its expenses for Years. at least there's slightly over 10% over here at ID8.
Tech and software investments usually requires funding for a couple of years. unless a big deal come in.
looking forward to have a USA team operational.
with the war and sanctions I'm thinking ID8 should be able to capture a decent market size in these 2 - 5 years.
if they have a contracts amounting to AUD 15 mil per annum 10x...
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