FUD or Truth?
This group calls any negative news or assertions FUD. Can you still consider it FUD if it's the truth?
Here are some issues I have with the stock:
-Zero proof of solid state battery performance or large scale manufacturing. Patents mean nothing without third part testing or real world results.
-Their current Chinese sourced, American assembled batteries have serious problems. Look up complaints of these batteries on Facebook for forums. The issues are real. The company does not have enough money to fund a recall.
-OEM contracts seem like a dead end because Chinese alternatives are everywhere.
-DOE funding? Give me a break, tons of better options available.
-They have lots of debt.
-Chartmill.com gives DFLI a 0/10 for growth rating.
-Big investors left. Why? Stock is down 99.23% now. The only people holding on are a few guys here on Reddit and the companies employees.
-Covenant wavery expiry is in December of 2026
-The only income they have is 3 million from a trucking contract. That's it. Considering the overhead, they're still losing.
-Now they have a lawsuit against them for bad batteries? And trying to sue a YouTuber for calling it out? Why?
-And every single quarter, their profits are down.
I just don't understand how people in this thread would invest a penny in this company. And then call anything negative "FUD".
Do you guys actually own the stock?