Arcimoto, the real thing? ($12k tandem EV trike, 70/130 mi. range)

[freebeard]

Youtube failed to offer this to me in December. Bad Youtube.

https://www.youtube.com/watch?v=VAjsvPH5p70

The FUV has a wheelbase of 80", same as a Myers Manx. The front suspension looks like it would fit under the hood, definitely with a Beetle. Two Monocoque chassis grafted together would have 160hp and carry 3600lb.



I already have a 1958 Beetle donor vehicle in the carport.

edit:

and then there's this.

https://fintel.io/ss/us/fuv

Organized mayhem.

[Snax]

Originally Posted by redpoint5

Well we have been discussing the reason why it's a poor long position to take in the previous pages... and then there's this.

https://fintel.io/ss/us/fuv

The better question is how did the stock gain 1000% in 1 year, and why has it only corrected slightly recently?

I think it all ultimately boils down to the fact that stock prices are always speculative and arbitrarily based on public perception.

What I am seeing however is that they have been running ads for assembly technicians for the last couple of weeks, so they are clearly intending to ramp production up with the new facility.

[redpoint5]

Originally Posted by Snax

I think it all ultimately boils down to the fact that stock prices are always speculative and arbitrarily based on public perception.

What I am seeing however is that they have been running ads for assembly technicians for the last couple of weeks, so they are clearly intending to ramp production up with the new facility.

That's all theoretically baked into the public perception of the future value of the company. The only thing not baked into the price theoretically is the insider information.

[freebeard]

That's all theoretically baked into the public perception of the future value of the company.

What does this even mean?

The only thing not baked into the price theoretically is the insider information.

I'm supposed to have a beer with their Customer Experience Manager (and possibly others) next week. The agenda is tiny houses. Do you have a question.

[JSH]

Originally Posted by freebeard

What does this even mean?

It means that stock prices are suppose to be based on all available public information. A buyer looks at all the information out there (including that Arcimoto is hiring) and rationally calculates what the price is worth. Everyone buying and sell theoretically should have the same set of information. Every day the stock is bought and sold based on this information and the price goes up and down based on any new information.

That is how it is suppose to work - rational calculations.

[Hersbird]

The time to short was when the short selling analysists made their short position. Before they came out with their blog or news. That would have been at $35 or so. Then they drove it down to the current $13 and what do you want to be they cashed their short at this point? To me it seems like a bad bet to short now at $13 as best case it goes to $5 and you make what? 60ish%? to make 60% the other way it only has to go back to $21. If it goes back to $35 you get a 260% return which it's impossible to do better than 100% on a short.

Why it went up 1000% was speculation, but that's also why Tesla is more valuable than Toyota, GM, and Ford combined. Certainly not tied to current sales, but what's possible in the future. I don't think the market for 3 wheels is ever going to make a Tesla out of Arcimoto, but who's to say Arcimoto won't go 4 wheels some day. What I like about Arcimoto compared to Tesla is Tesla seems to want to be high end with all kinds of expensive mandatory features. Arcimoto just keeps it simple and hopefully that means average Joe priced. Heck build me a car that uses my own existing smartphone as the nav, and stereo. Put cheap plastic panels on it wrapped in vinyl, I don't want powered door poppers and self driving, I don't need 0-60 in 3.5 secs, etc.

[redpoint5]

Originally Posted by freebeard

What does this even mean?

I'm supposed to have a beer with their Customer Experience Manager (and possibly others) next week. The agenda is tiny houses. Do you have a question.

You know how economic theory goes; we assume rational actors to factor in data as presented to them. Ramping production should be baked into the stock price calculus already because that was already made public.

It's like how the stock market as a whole recovered quickly despite tons of stuff being shut down. The market anticipated business as usual at some point, so it brought the value of everything back up. We're still worse off than Feb of last year, but the market assumes we're going to be doing great soon. I'm not so sure. China is going to eat our lunch in about 4 years.

[freebeard]

That's all theoretically baked into the public perception ....

Okay, the theoretically was cynicism?

...powered door poppers...

Real race cars don't have PDPs.

[cRiPpLe_rOoStEr]

Originally Posted by freebeard

I'm supposed to have a beer with their Customer Experience Manager (and possibly others) next week. The agenda is tiny houses.

What would Arcimoto have to do with tiny houses? Is there any plan to certify it to tow at least a small trailer?

[freebeard]

The people there have broader interests.

My first question I had when I met Mark Frohnmayer outside the roll-out in downtown Eugene (2.5 years ago) was whether the SRK (now FUV) has a towing capacity. He said yes, 1/4 ton.

They've shown a prototype single-seat flatbed truck. I can see it with a pop-open tent camper.