Electrameccanica Vehicles Corp (SOLO)

[x1power]

SOLO has probability for sure to drop below $3 . . . unless company can explain wherein there is any other way to fund that package $100Mil stock and warrants coming up soon. No way SOLO builds any decent rate line assembly plant for less than $10 Mil (including every thing from build line assembly plant to insurance and permitting and training workers plus all the equipment needed to produce).
SOLO must crank out 25-80 vehicles a day, or start losing frustrated deposit owners? Unless SOLO has secretly planned worker hiring and training . . . what are they going to produce in a tent?

Who makes short-run designer batteries and can expand their output?


Where are safety stats of present operational vehicles to present to folks like SEC and NSB?


Could be though . . . SOLO job-out production and just does assembly . . . but there goes the profit markup. Company might use Mexico NATFA contract for part of it?


Stock keeps climbing rest of week . . . or?

I guess next few days, we will find out? Usually dramatic stock price spikes follow a set pattern.

And, of course, how does vehicle price stay constant when driver-less-car tech is added in?


I speculate there current production run/day is not netting them much profit at this time . . . and it might be a good bet their not going to bring up that subject anytime soon. Their current P/L ratio is negative . . . so will SOLO book its new announced order deposits as current profits . . . or?