If you look at their technology they are way ahead in the solid state LIDAR. They are down significantly but with Volvo using them, leads me to believe that their parent company will use them as well. It recently leaked Tesla bought 20M worth of sensors.
The fear is Tesla is just using it for a comparison test or to reverse engineer as much as it can without breaking patents.
With Volvo alone and what I assume with be Geely using them as well, with the stock this low, it seems like it should be ready to pop once Volvo proves it in their new SUV and then it cascades to the rest of their lineup for self driving.
The dream will be that Tesla finally admits LIDAR is necessary for their ambitions, and they arnt buying them for just stats but buying them because a solid state laser may make their ambitions possible. They well then buy them in mass.
Regardless they have enough patents and technology to be attractive to buy.
So this stock will either just stay as it has been or it will pop up big…. Or it’ll go to lower prices and get bought by a major auto maker which will bring it back to this low price.
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