the vast majority of young adults looking to buy a car could barely name any EV and when I talk to those who I know about majors and certain countries going full electric by certain years they are either shocked or think I'm bat sheet crazy. Sentiment is not only sheet in the investor world but it's also sheet in the public eye and especially in the political world. Especially the political sentiment is important for LT.
it is true that there are more jobs in renewables and that they are already cheaper than the alternatives.... Yet here we are crashing and burning.
we are one of the few companies who actually have some of the tools to save ourselves yet we are failing miserably.
the more I see GXY holding every penny and giving vague attempts to circumvent these times the more I'm starting to think that GXY is gonna go the way of the Brits and crash out with a NO DEAL for SDV and then the future after that? Who knows.... Maybe we will be better off eventually... Or maybe AT will blink first, POSCO will be criticised for going too hard too soon and we will have to go with something that better suits our MK... Something like 50% SDV partners for $300m.
That scenario would be a disaster but a disaster no less likely than GXY being at it's multi year low right before the apparent deal of the century that everyone knows about happens.
What are some of the figures that anyone is hoping for on this SDV deal if it were hypothetically to be a 50% partner?
GXY Price at posting:
$1.98 Sentiment: Buy Disclosure: Held
