Ideanomics Inc (fka IDEXQ)

[mpunklil]

From my limited research, Silk EV is a high end EV design and engineering company, assisting with other manufacturers in building EV supercars. Silk seems to be the Ferrari design team of EV's. How this correlates to Ideanomics products is yet to be known without a PR...but it is VERY clear that Ideanomics has a trick up their sleeve regarding this investment into Silk. I'm beginning to think Ideanomics might be trying to take a legitimate stab at Tesla's EV's. If they own the rights to WAVE, scale it, and make a vehicle that rivals the Model S...we could be seriously under valuing the company right this very moment. An affordable and luxurious Tesla rival would absolutely kill it in America right now. Not everyone wants a Tesla, and not everyone wants their price tag, and MOST don't want to plug in to charge. We're fat lazy Americans...lets be realistic. I see some legit stuff unfolding if they are chasing that route. I just wish we knew what route they are taking with this