NU Ride Inc (NRDE)

[OPKOHEALTH2022]

First it was 50 trucks for 2022 . Now is 30 trucks for 2022 and 500 trucks for 2023 and selling at a loss on every vehicle plus LMC has other models coming out. I am not surprised if Foxconn says to archive the Endurance but Steve Burns at least had a non-binding agreement for 100k Endurance and what happen with these non- binding deals at least could turn 20% of those orders to 20k Endurance trucks ? At least now LMC will not go bankrupt in 2023 they just have enough money now for another 12-15 months until further notice of upcoming orders . Look at Polestar they are on track to build 50k vehicles this year and are at least 4-5 years into being profitable. This is a just a reality check . Every EV maker wants to be like Tesla and the EV industry is getting very competitive in the next 2-4 years .