Sort of can't produce cars without funds
Alexander Delp
Posts (3101)
The fact that capital is still interested through private equity is a plus. The Company raised money, which is desperately needed for the next several years
It takes a Billion to get to production. Not the least bit concerned considering the game plan
You'll hear of the next 5 years new investors coming in as production ramps up. Perfectly understandable.
It used to be considered a tremendous feat just to get a car approved by Governments
Let's say Foxconn makes a deal to invest in Fisker or AAPL and decides to partner up. You issue shares to Apple or Tesla or large investors such as banks. At the current price level so they're issued shares at the current market cap it's just private equity
Conoany FSR needs money they have an ATM. They seek investors looking to enter large positions at current price levels.
IF MONEY IS RAISED AT THE CURRENT PRICE LEVEL IT'S SORT OF A NO BRAINER. YOU SELL AT A 2 BILLION MARKET CAP. YOU'RE NOT DILUTING THE MARKET CAP IF YOU SELL TO BIGGER INSTITUTIONAL INVESTORS OR HEDGE FUNDS.
Ar you referring to dilution in reference to a prive over 7? You have the ATM concept of raising money at the current stock price?
That Lordstown plant in Ohio just sits empty when you sort of have this dream of an EV for under 30k with a simple design with a 75000 credit.
