Thread's been quiet for two months so I checkd DDG News to see what's up.
Apparently they reverse-split the stock to avoid delisting on NASDAQ.
www.msn.com/en-us/money/news/looking-into-arcimotos-return-on-capital-employed/
Quote:
What Is Return On Capital Employed?
Earnings data without context is not clear and can be difficult to base trading decisions on. Return on Capital Employed (ROCE) helps to filter signal from noise by measuring yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests successful growth of a company and is a sign of higher earnings per share in the future. In Q3, Arcimoto posted an ROCE of -0.45%.
....
For Arcimoto, a negative ROCE ratio of -0.45% suggests that management may not be effectively allocating their capital. Effective capital allocation is a positive indicator that a company will achieve more durable success and favorable long-term returns; poor capital allocation can be a leech on the performance of a company over time.
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While their burning their clothes to keep warm (so to speak), they are pushing forward on the autonomous delivery and robotaxi deployment.
At
?t=15 you can see the driverless vehicle has a steering wheel. The windshield is laid back and the rear wheel is shrouded. I like this layout better than the FUV. The step-over height is troublesome, but think of the side impact protection.