$Hyliion Holdings Corporation
This is nothing more than a speculative play unless you see some true headlines in the next few months. Please keep in mind that they don't actually manufacture the Class 8; instead they plan to provide powertrains.
As for the powertrain and retrofit it’s outsourced, something that's great for high volume, but this has questionable profit for a low volume operation. It’s a brilliant concept that needs to be accepted by the industry.
For HyliIon to become the next Tesla (which is what you want) they will need contracts for thousands and thousands of retrofits! Therein lies the problem -- they only make the powertrain; not the Class 8 -- a huge difference in return of capital!
Good luck to Thomas Healy and his crew! Also, I wish the best to those who think they own the next Tesla.
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You can head over to the Market tab to check out more details on upcoming earnings. Webull News 01/19/2021 10:32
Always going to wish I bought more, but what can you do? BNGO BOT#83628 01/23/2021 02:51