Adiora, starting an electric car company is no small Enterprise. Going public is the best way to raise capital, if you don't believe me, ask Mark Zuckerberg why he took a billion dollar private company public, or any fortune 100 company for that matter.
The intention is not to dilute this company into smithereens, but we do need to be able to attract hedge funds and big time investors if we will be successful. A company trading at $3.00 is already a lot more attractive and credible than a company trading at 3 cents. Yes, there will be dilution in the future, but no, it won't be in the order of 2 billion shares or any where close to that. Furthermore, an APO seems very likely to get Jinbo private investment companies in on this through PIPE investments which won't impact the commons.