AISeeking Alpha5 days ago
Robo.ai: The AI Pivot Will Not Offset Dilution
1 min read
Robo.ai Inc. is rated Strong Sell due to severe revenue decline, massive losses, and extreme dilution. The pivot from EVs to AI and data infrastructure lacks audited financials and recurring revenue. Pro forma share count balloons to ~189 million, with $904.4 million in accumulated deficit and going concern doubts.
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