- In Q1, Arcimoto's pre-orders were down 10.8% from 2020's run rate.
- Arcimoto showed it has produced more vehicles than its competition with $100 million invested. This ignores the recalls and the lack of demand for its vehicles.
- Now is not a good time to work on a new product platform. The goal should be to get to mass production and drive demand for its original platform.
- Mark misled retail investors in his YouTube comment. The entire point of authorizing new shares is to issue them in due time.
For further details see:
Extremely Low Demand For Arcimoto Vehicles In Q1