One of the many problems Saleen Auto has is that these days there is too much strong and superior competition. Just look at the OEMs, who have gotten really good at their own performance options, displacing and/or threatening a big chunk of the after mkt guys' business.
In addition to that growing headwind, as vehicles continue to turn more and more into tightly integrated systems, expect that "pushing out" to accelerate. Saleen's biz was much much easier when all that you had to do was bolt on a new whatever and maybe make a few simple adjustments to something else. Now, everything affects everything else. Change one major thing and you need, or will soon need, access to the computer algos controlling that and everything else. Why in the world would, say, Tesla, allow access to the company secrets to someone like Saleen Auto? A: of course they wouldn't. Certainly not to someone in as a bad of financial shape as Saleen Auto.
Everything I write on this blog is my opinion. Please do your own due dilly, and be very careful investing in almost no-bid stocks.
