MNS 0.00% 4.2¢ magnis energy technologies ltd

You don't seem to get that the objective is to reduce the cost...

  1. 174 Posts.
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    You don't seem to get that the objective is to reduce the cost of batteries. If batteries are priced high then EV's and home storage etc will be unaffordable making the market demand small. When they become affordable, boom, the demand will be massive. There are not enough gigafactories around to service the coming demand so competition is welcome. Do you not think that Management are not aware of pricing and have incorporated price reductions in their plans? These guys aren't just making it up as they go along. Of course you can be critical but most of your posts are extremely negative. If you don't like what MNS Management are doing sell up. All IMHO of course.
 
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