Quote:
Originally Posted by freebeard
I blame Reddit:
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Blame them all you want but stock price is meaningless to a company that doesn't need to sell stock to raise money for day to day operations.
Rough numbers in the first 1/2 of the year they brought in $2 million in revenue on vehicles sold but those vehicles cost them $10 million to make and that is just costs of good sold.
Arcimoto was a target for short sellers because it was massively overvalued and out of money.