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MicroVision, Inc. MVIS

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1.14 USD -0.01 (-0.87%)

At closeNov 11, 2026, 7:30 PM EST

1.15 +0.01 +0.88%

After hours · Nov 11, 7:30 PM ET

1.13 Day range 1.21
1.08 52-week range 16.05
YTD
-90.84%
1 year
-92.90%

Discussion (1248)

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Hank MVIS 3 years ago #39

MicroVision has a chicken-and-egg problem where new clients find the firm unattractive for its lack of current customers. Per MicroVision’s most recent annual report:

“We have been unable to secure the customers at the scale needed to successfully launch our products. We have incurred substantial losses since inception, and we expect to incur a significant loss during the fiscal year ending December 31, 2023.”

In other words, no Tier 1 automaker has been willing to roll the dice on MicroVision. New vehicle models can take years to develop and millions of dollars to bring to market, making established firms like Luminar and Mobileye far more attractive.