HOG - Arcimoto Doesn't Want To Admit It Has A Demand Problem
- Arcimoto has very few pre-orders in relation to the number of vehicles it wants to produce on an annual basis starting in 2022.
- The CEO says pre-orders aren't as important as production, but in a previous filing, the company said gaining more pre-orders as one of its goals.
- The company has very high website and YouTube traffic, yet it hasn't gotten many sales or pre-orders.
- The company has already lowered its 2022 production goal by half.
- Sales are quite low. It's generous to compare Arcimoto to Harley Davidson which is one of the most powerful brands in America.
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Arcimoto Doesn't Want To Admit It Has A Demand Problem