ste17
$GOEV The concept van design remains the best on the market. The mistake was attempting to become a large-scale manufacturer without the necessary financial structure. Therefore, they should pivot from Chapter 7 to Chapter 11 and sell the designs and patents to established manufacturers. This would also leave open the future possibility of producing niche concept vehicles—much like Caterham or Ineos do. A turnaround would allow the funds and TA (who hold significant equity) to reap huge capital gains from a rising share price, enabling them to reinvest in the company.
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