I actually think it doesn't matter. The market doesn't care how...

I actually think it doesn't matter. The market doesn't care how many wheels CREV has produced so far, whether it's 20,000 or 50,000—it makes no significant difference. The market is focused on the future, specifically on whether CREV can sign contracts with new OEMs and the value of those contracts. It's similar to many mining companies on the ASX. For example, take FMG with a P/E ratio of 6 and a dividend yield of 11.5%; these metrics still couldn't prevent its continuous decline because 88% of its revenue comes from China. China's economy is expected to significantly slow down in the next 1-5 years, leading to a substantial decrease in demand for iron ore.

The market is focused on the future. Even if CREV hasn't produced a single wheel yet, if it can sign new contracts with Tesla and BYD, its share price can still reach over $100.

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