They are forecasting some negative impacts to the EV tax credits going away. 8k vehicles in Q1, 14k in Q2 and a one month shutdown to prepare for R2 to ship in 1st 1/2 of '26. Planning to stay full-year profitability.
The nice thing about the options is I can only loose the premium max so was just a gamble before earnings. I still just started buying shares and will accumulate little by little all along the way for this next 1.5yrs until the R2 comes out which should move the stock.
Yeah if you believe they will make it, it’s great time. Right now the stock faces consistent resistance at about $14 with a floor around $10. Nothing moves it above or below (even VW $5B) for long. The real catalyst will be R2 with sales on upswing. Just have to have the guts to build a position now.
That's not how Capitalism works ya know, all sales must keep going up.....even six figure vehicles, there's no limit
I wouldn't blame RJ, but the geopolitical circus that's making BEVs less compelling to people who aren't willing to take on risk.
I don’t think that is correct. Wall Street expected growth so, meeting that expectation would not have been seen as crazy. Granted, the expected growth was modest. But that’s why the reduced forecast is surprising.
