The counter to the Flux results is Tesla's report of strong demand for its energy storage product. I know that ELVA's potential competitive product in this field hasn't finished UL listing but we can hope that this demand trend reported by Tesla is also in our favor. If the next quarter's report doesn't show the projected growth then the only upside for us will be that shares will be cheap for purchasing for yet another few months.

https://www.utilitydive.com/news/tesla-energy-deploys-company-record-94-gwh-of-storage-in-q2-2024/720823/