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The big red flag is when companies pre-announce products that will allegedly be released, long before they are real, but well past the due date they should have
by AJ007 7y ago
The big red flag is when companies pre-announce products that will allegedly be released, long before they are real, but well past the due date they should have already been on the market. This whole thing also sounds a lot like VW’s electric vehicle promises.
Why do they do this? Because executives pay is tied to stock price and lots of things can fall apart really fast if the companies cost of capital skyrockets.
- clouddrover 7y ago> This whole thing also sounds a lot like VW’s electric vehicle promises. How? In 2017 Volkswagen said they'll be delivering the ID.3 in 2020: https://www.roadandtrack.com/new-cars/car-technology/videos/a32794/vw-affordable-electric-car-2020/ https://www.roadandtrack.com/new-cars/car-technology/videos/... In 2018 they said production of the ID.3 would start in November, 2019: https://www.cnet.com/roadshow/news/volkswagen-id-electric-cars-2019-production/ https://www.cnet.com/roadshow/news/volkswagen-id-electric-ca... Series production will start in November, 2019: https://www.youtube.com/watch?v=yB5AyAAytZc https://www.youtube.com/watch?v=yB5AyAAytZc They are delivering the ID.3 in 2020: https://www.youtube.com/watch?v=6ex28SVZXW0 https://www.youtube.com/watch?v=6ex28SVZXW0 Volkswagen is meeting the targets they set for the ID.3 three years ago.