Re: Japan Subsidies
in response to
by
posted on
May 27, 2023 09:02AM
(Edit this message through the "fast facts" section)
You guys are doing a fantastic job digging up information that could be painting the future of EFL.
In the old days (few years ago) we'd be trading at $5-10 per sh right now with this kind of excitement, performance and behind the scenes activity. Today, sadly, the market is broken. Remains to be seen if Nasdaq can fix that. FLUX and PLUG were soaring not too long ago but now, they too languish in the bottom range of trading.
Personally, i don't think EFL is ready for take out yet. Real buyers would wait until they build out more and truly establish their position. Still risky at this point. As far as the ownership issue, never a problem. Das Guptas will sell their shs at the right time IMO.
As far as Toyota, I believe I may have posted an article some time ago about their EV hesitancy. I too believe the solution may be something other than EV. Too many issues with raw materials, power grids that CANNOT handle the increasing demands and also the recycling problem. Eliminate gas stoves and furnaces and it'll get worse. A SSB more production and recycle friendly could help.
In order to get the needed raw materials, areas long protected by the activists will need to be dug up to get to them. Bit of a conundrum for them.
https://seekingalpha.com/article/4593435-toyota-will-likely-not-pivot-to-electric-anytime-soon
https://www.cnbc.com/2022/09/13/why-toyota-the-worlds-largest-automaker-isnt-all-in-on-evs.html