$RIDE $WKHS EV is virtually all greenfield. We have a truck, we have cash, and we have 6.2 million square feet we are about to flex. Economies of scale are fundamental for strong growth.
***The plant is paid for***
-Who on earth has this kind of capacity to scale given to them virtually for free, negotiated by potus?
Remember apart from Tesla, any new ev entrants will have to spend billions to create the economies of scale we have in place—which will translate into debt or dilution because no startup will have billions in cash to spend on a plant. While Big auto will have to cannibalize it’s own existence to keep up. Lordstown is by definition the silver spoon child of this ev generation.
This fundamental value is not priced into this stock imho. Exciting ride ahead 💥 as everyone and their brother begins to learn this.
***The plant is paid for***
-Who on earth has this kind of capacity to scale given to them virtually for free, negotiated by potus?
Remember apart from Tesla, any new ev entrants will have to spend billions to create the economies of scale we have in place—which will translate into debt or dilution because no startup will have billions in cash to spend on a plant. While Big auto will have to cannibalize it’s own existence to keep up. Lordstown is by definition the silver spoon child of this ev generation.
This fundamental value is not priced into this stock imho. Exciting ride ahead 💥 as everyone and their brother begins to learn this.