Gailm these are all good questions. But lets not beat up the business to badly. I mean depreciation of assets is common on pretty much anything, less land and property usually.
I mean airlines, trains, and ships that transport things are all in the same situation. I stand by my analysis that EV cars will do much better concerning depreciation and cost to operate.
That said, we should be in much better shape then a traditional cab company. The beauty here is EV battery prices will continue to come down in the future, and at the same time last longer. So 8-10 years down the road these cars will be worth more then a traditional gas burner. They could, with a new cheaper, better battery, along with some front end parts, continue to run for a long time.
Never mind cheaper to run and maintain. Remember if you are competing against gas burners,(currently the majority now) the advantage almost seems unfair.
Point being, the timing for this could not be better imo. Future growth is what we are looking for in stocks appreciation. Aside from keeping dilution to a minimum.
Sorry for me, I don't know, or can't completely discern how anti dilutive the future dilution will be. A little help here would be nice. I see figures of 20 and 30 percent of 25 million down the road. Sometimes I feel like i can figure out ancient hieroglyphics easier then a 8K.
