Saleen Automotive, Inc. (fka SLNN)

[AutoInvestor]

Oh, Saleen only needs $100M? and then what?
Let's put this type of money in perspective. At a 5X mutiple
Saleen's EBITDA would need to = $20M. At 11% GM, Saleen would need to generate about $220M per
year in sales to drop $20M after SG&A of $4M.
At an average sales price of $65K per car, Saleen would need to tune approxitmately 3,385 cars per year
or 282 cars per month. Saleen is producing one car per week now so they would need to accelerate their production rate by X 282.

Investment Money alone will not solve Saleen's problems.
It would take years for Saleen to ramp up to this level and their are zero
investors who would put in $100M for a company with Negative net worth and a Market Cap
of $136K.