Approximately 150 to date. They are on track, with the new manufacturing facility, to produce 50,000 a year. Production numbers are only part of the story. The stock is another.
www.bizjournals.com/portland/news/2021/02/24: ARCIMOTO'S WILD RIDEl
Quote:
“I Pitti the fool who goes short on a sustainable future,” Mark Frohnmayer tweeted on a recent Sunday night.
The Arcimoto Inc. chief executive wasn’t tripped up by spell-check — he was referring to Alex Pitti, who had posted two articles critical of Arcimoto on SeekingAlpha.com, including one that questioned the company’s market capitalization when it topped $1 billion early this month.
Pitti insisted he’s not shorting the stock (Nasdaq: FUV), but the tweet was deft work by Frohnmayer, and not just for the pun.
In fewer than a dozen words he positioned Arcimoto as a target of short sellers, encouraging those who like the company to stick with it if the stock declines, while raising the possibility of a new squeeze play. And he wrapped the suggestive jab in a reminder that the three-wheeled electric vehicle maker is all about saving the world.
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Mark Fohnmayer is a cool dude. The article covers his background, and the preteen stock investors and Galileo Russell.