Polar Power Inc (POLA)

[worthylion]

When they struggled expanding production the focus was on when (not if) additional revenues would come and at what margins. Now their ability to win new orders is in doubt even from Tier 1s. This is a complete guess but it's possible that pricing has become so competitive that their cost structure in high cost California is no longer competitive. They may be pitching a legitimately better product but one that isn't cost competitive. Their larger competitors can also now legitimately whisper to Tier 1s and others that their cash is running out and their future is in doubt so they're not reliable suppliers. It can become a vicious cycle and self fulfilling prophecy. Who knows what's really going on but that's probably why shareholders are bailing. Amidst all of this, the CEO will probably announce they've begun R&D on a generator to supply power to lunar inhabitants.